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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Office buildings
1010 Cadiz St Dallas, TX 75215-1017
Entity Owned
18-yr Hold
Free & Clear
Property ID
US83-3396466
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
TILT-UP CONCRETE
Total area
29,006 SF
Lot
3.63 ac (157,905 SF)
Zoning code
Z239
APN
42000010010000
UPID
US83-3396466
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
Current use
Occupant on record · Public records
-
Abode Treatment Inc Crisis Center Medical Clinic
-
Texas Health and Human Services Dept. Social Service Agency Charitable Organization
-
Higgins Kathie Medical Clinic
-
Dallas District Parole Office Probation Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$1.61M
Owner & transaction history
Bh Dallas Portfolio LLC · 18 yrs held
Bh Dallas Portfolio LLC
since 2008
7 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.5M
+29.4%
Medical building
$2.0M
+3.3%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
Method
Estimation
Statistic approach
by Request
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,905,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,465,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$1,970,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,815,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$55 / 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
$82,612
Tax year 2023
Assessed value
$3,600,000
Assessed 2023
Previous assessed
$3,600,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$3,553,340
Assessed improvement
$46,660
Land market value
$3,553,340
Improvement market value
$46,660
Total market value
$3,600,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
29,006 SF
Lot
3.63 ac (157,905 SF)
Zoning code
Z239
APN
42000010010000
UPID
US83-3396466
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
3.63 ac
Current owner
From public records · entity-resolved
Bh Dallas Portfolio LLC
Entity
Free & Clear · 18 yrs held
Mailing address
PO BOX 49993, LOS ANGELES, CA 90049-0993
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2018
—
Bh Dallas Portfolio LLC
—
Loan Modification
related
$225,000,000 · Wells Fargo Bk
Sep 26, 2016
—
Bh Dallas Portfolio LLC
—
Deed
related
$265,000,000 · Wells Fargo Bk
Apr 18, 2008
—
Bh Dallas Portfolio LLC
—
Trustees Deed
related
$16,045,000 · Wells Fargo Bank
Apr 14, 2008
—
Bh Dallas Portfolio LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Bh Dallas Portfolio LLC
—
Deed Of Trust
related
$135,000,000 · Wells Fargo Bk Nw NA
—
—
Bh Dallas Portfolio LLC
—
Deed Of Trust
related
—
—
—
Bh Dallas Portfolio LLC
—
Deed Of Trust
related
$10,599,500 · Wells Fargo Bank
—
—
Bh Dallas Portfolio LLC
—
Deed Of Trust
related
$15,000,000 · Wells Fargo Bank
—
—
Bh Dallas Portfolio LLC
—
Loan Modification
related
$265,000,000 · Wells Fargo Bk
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.
Try Rey
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