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Property profile & analytics
OFF-MARKET
Motels
1027 Ft Worth Ave Dallas, TX 75208-1712
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1940635
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1941
Construction
FRAME
Total area
5,400 SF
Lot
1.57 ac (68,302 SF)
Zoning code
Z239
APN
300235000000
UPID
US82-1940635
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
by Request
Owner & transaction history
Jivan Rrbn LLC · 1 yrs held
Jivan Rrbn LLC
since 2024
3 recorded transactions
Zoning & alternative use
Z239 · Dallas, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$23,740
Tax year 2023
Assessed value
$1,034,500
Assessed 2023
Previous assessed
$1,034,500
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,024,500
Assessed improvement
$10,000
Land market value
$1,024,500
Improvement market value
$10,000
Total market value
$1,034,500
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1941
Construction
FRAME
Heating
YES
Buildings
3
Stories
2
Units
31
Total area
5,400 SF
Lot
1.57 ac (68,302 SF)
Zoning code
Z239
APN
300235000000
UPID
US82-1940635
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.
Building & site characteristics
From public records
Year built
1941
Construction
FRAME
Heating
YES
Stories
2
Buildings
3
Units
31
Lot
1.57 ac
Current owner
From public records · entity-resolved
Jivan Rrbn LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1015 FT WORTH AVE, DALLAS, TX 75208-1712
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2024
—
Jivan Rrbn LLC
Ramanbhai C Jivan
Deed
related
—
Aug 22, 2019
—
Ramanbhai C Patel
—
Deed
related
$350,000 · Community Nat'l Bk&tr/tx
—
—
Ramanbhai C Patel
—
Deed Of Trust
related
$350,000 · Community Nat'l Bk&tr/tx
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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