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Property profile & analytics
FOR LEASE
Commercial real estate
101 E Grand Plz Grand Saline, TX 75140
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-7977900
For Lease
1 / 5
$550/Mo
101 E Grand Plz, Grand Saline, TX 75140
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Total area
6,348 SF
Lot
1.99 ac (86,902 SF)
APN
044.0046.0188.0001.0000
UPID
US82-7977900
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Mago And Jo Investments LLC · 2 yrs held
Mago And Jo Investments LLC
since 2023
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Saline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Saline submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,516
Tax year 2023
Assessed value
$393,280
Assessed 2024
Previous assessed
$318,050
+23.7% YoY
Effective rate
1.91%
On assessed value
Assessed land
$208,040
Assessed improvement
$185,240
Land market value
$208,040
Improvement market value
$185,240
Total market value
$393,280
Applied tax rate
234.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1970
Heating
NONE
Stories
1
Total area
6,348 SF
Lot
1.99 ac (86,902 SF)
APN
044.0046.0188.0001.0000
UPID
US82-7977900
Jurisdiction
VAN ZANDT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
Mago And Jo Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6609 BARCELONA, IRVING, TX 75039-3040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
—
Mago And Jo Investments LLC
Brett Clark
Warranty Deed
—
Mar 16, 2015
—
John T Haynes
John F Haynes
Correction Deed
related
—
Mar 25, 2014
—
Billy Joe Taylor
Cynthia J Davis
Warranty Deed
—
Mar 15, 2013
—
Kindle Investment Group INC
David Ellis
Warranty Deed
—
Mar 30, 2011
—
Bobby Gene Clemmons
Bobby Lee Clemmons
Intrafamily Transfer
related
—
Mar 10, 2008
—
Mark Hiatt
Robert W Peppard
Venders Lien
$320,000 · Citizens 1st Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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