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Property profile & analytics
OFF-MARKET
Distribution centers
103 Industrial St Lancaster, TX 75134-3401
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US82-5397761
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1972
Construction
STEEL FRAME
Total area
22,000 SF
Lot
0.9 ac (39,291 SF)
Zoning code
Z125
APN
36068230000020000
UPID
US82-5397761
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
-
Independent Plastic Recycling Recycling Center Waste Management Facility
-
Howell Bell Care Corporate Office
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
103 Industrial Street Prop LLC · 11 yrs held
103 Industrial Street Prop LLC
since 2014
7 recorded transactions
Zoning & alternative use
Z125 · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$14,944
Tax year 2023
Assessed value
$619,850
Assessed 2023
Previous assessed
$619,850
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$58,940
Assessed improvement
$560,910
Land market value
$58,940
Improvement market value
$560,910
Total market value
$619,850
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
CENTRAL
Stories
1
Total area
22,000 SF
Lot
0.9 ac (39,291 SF)
Zoning code
Z125
APN
36068230000020000
UPID
US82-5397761
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z125 · Lancaster, TXZoning Z125 · permitted uses
Z125 · Lancaster, TX
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
1972
Construction
STEEL FRAME
Heating
CENTRAL
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
103 Industrial Street Prop LLC
Entity
Mailing address
840 KATY ST, LANCASTER, TX 75146-1712
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
—
103 Indl Street Prop LLC
—
Deed
related
—
Jan 28, 2020
—
103 Indl Street Prop LLC
—
Deed
related
—
Jan 7, 2019
—
103 Indl Street Prop LLC
—
Deed
related
—
Jan 18, 2018
—
103 Industrial Street Prop LLC
—
Deed
related
—
Jan 9, 2017
—
Marco Mejia
—
Deed
related
—
Nov 18, 2014
—
103 Industrial Street Prop LLC
Mejia,marco & Javier
Grant Deed
related
—
Jul 12, 2012
—
Marco Mejia
—
Trustees Deed
related
$150,000 · Inwood National Bank
Mar 21, 2012
—
Marco Mejia
Mrntx LLC
Grant Deed
related
—
Apr 15, 2008
—
Mrntx LLC
Moore,robert M & Mary E
Grant Deed
$240,000 · Bank Of America
—
—
Marco Mejia
—
Deed Of Trust
related
$200,000 · Inwood Nat'l Bk
—
—
103 Indl Street Prop LLC
—
Loan Modification
related
—
—
—
Marco Mejia
—
Loan Modification
related
$200,000 · Inwood Nat'l Bk
—
—
Marco Mejia
—
Loan Modification
related
$200,000 · Inwood Nat'l Bk
—
—
103 Indl Street Prop LLC
—
Loan Modification
related
—
—
—
Marco Mejia
—
Loan Modification
related
—
—
—
103 Industrial Street Prop LLC
—
Loan Modification
related
—
—
—
103 Indl Street Prop LLC
—
Loan Modification
related
—
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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