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Property profile & analytics
FOR LEASE
Showrooms
10290 Monroe Dr Dallas, TX 75229
Entity Owned
4-yr Hold
Free & Clear
Property ID
US82-3867584
For Lease
1 / 2
$3,855,000
10290 Monroe Dr, Dallas, TX 75229
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Construction
TILT-UP CONCRETE
Total area
20,880 SF
Lot
2.94 ac (128,197 SF)
Zoning code
Z116
APN
646000000010000
UPID
US82-3867584
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
-
Tol Sign & Graphics Inc (Bike/Boat/Book/etc) Store Printing Service
-
Raquel's Cleaning Service, Inc Hardware & Home Improvement
-
Advantage Sales Promotion Co Department Store
-
North Dallas Assembly Church Church
-
Metro Gate Repair General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.24M
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$3.86M
Owner & transaction history
Monroe 72 LLC · 4 yrs held
Monroe 72 LLC
since 2022
2 recorded transactions
Zoning & alternative use
Z116 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.2M
+29.0%
Restaurant
$2.9M
+18.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,595,000
6.5%
$4,240,000
7%
$3,935,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,485,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,205,000
Change: +29% · Conversion: Difficult
RESTAURANT
$2,935,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,435,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$3.86M
Range $3.47M – $4.24M · ±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
$185 / 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
$65,401
Tax year 2023
Assessed value
$2,850,000
Assessed 2023
Previous assessed
$2,850,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$833,270
Assessed improvement
$2,016,730
Land market value
$833,270
Improvement market value
$2,016,730
Total market value
$2,850,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1980
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
20,880 SF
Lot
2.94 ac (128,197 SF)
Zoning code
Z116
APN
646000000010000
UPID
US82-3867584
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z116 · Dallas, TX
Zoning Z116 · permitted uses
Z116 · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RESTAURANT
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.4M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
AUTO REPAIR, GARAGE
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
1980
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
2.94 ac
Current owner
From public records · entity-resolved
Monroe 72 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
7116 VALJEAN AVE, VAN NUYS, CA 91406-3987
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
—
Monroe 72 LLC
United Parcel Service INC
Special Warranty Deed
—
Jul 31, 2014
—
United Parcel Service INC
Finley Marc H & C F Trust
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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