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Property profile & analytics
FOR SALE
Office buildings
1022 S Greenville Ave Allen, TX 75002
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4796588
For Sale
1 / 7
$6,200,000
1022 S Greenville Ave, Allen, TX 75002
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
35,735 SF
Lot
3.57 ac (155,509 SF)
Zoning code
LI- LIGHT INDUSTRIAL
APN
R-1367-001-0010-1
UPID
US82-4796588
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
-
Teachers Insurance Co Insurance Agency
-
Primerica Insurance Agency
-
Marcus Bolton Shannon: Primerica - Financial Services Financial Advisor
-
Stephen Newton: Primerica - Financial Services Insurance Agency
-
Chales King: Primerica - Financial Services Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.28M
Owner & transaction history
Viola Blue Ridge · 21 yrs held
Viola Blue Ridge
since 2004
5 recorded transactions
Zoning & alternative use
LI- LIGHT INDUSTRIAL · Allen, TX
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 Allen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allen 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
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$36 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$56,066
Tax year 2022
Assessed value
$2,670,900
Assessed 2023
Previous assessed
$2,824,113
-5.4% YoY
Effective rate
2.10%
On assessed value
Assessed land
$1,088,598
Assessed improvement
$1,582,302
Land market value
$1,088,598
Improvement market value
$1,582,302
Total market value
$2,670,900
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
For Sale
Year built
1985
Heating
NONE
Stories
1
Total area
35,735 SF
Lot
3.57 ac (155,509 SF)
Zoning code
LI- LIGHT INDUSTRIAL
APN
R-1367-001-0010-1
UPID
US82-4796588
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
LI- LIGHT INDUSTRIAL · Allen, TX
Zoning LI- LIGHT INDUSTRIAL · permitted uses
LI- LIGHT INDUSTRIAL · Allen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
1
Lot
3.57 ac
Current owner
From public records · entity-resolved
Viola Blue Ridge
Individual
Free & Clear · 21 yrs held
Mailing address
410 PARK AVE FL #22, NEW YORK, NY 10022-9429
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2006
—
Viola Lordsmeer
—
Deed Of Trust
related
$32,500,000 · J P Morgan Chase Bank
Oct 14, 2004
—
Viola Blue Ridge
Viola,vincent J
Quit Claim Deed
related
—
Apr 20, 1998
—
Sidmouth Holdings I Ltd
—
Grant Deed
related
$350,000 · Inwood National Bank
Dec 31, 1996
—
Sidmouth Holdings LLC
Plano Bank & Trust
Grant Deed
related
$400,000 · Inwood National Bank
—
—
Sidmouth Holdings I Ltd
—
Deed Of Trust
related
$400,000 · Inwood National 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.
Try Rey
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