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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Grocery and convenience stores
1030 Lavon Dr Garland, TX 75040-5721
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US83-3611286
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2009
Construction
TILT-UP CONCRETE
Total area
5,005 SF
Lot
1.03 ac (44,954 SF)
Zoning code
Z263
APN
26530500000010000
UPID
US83-3611286
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
-
Shell Restaurant
-
USPS COLLECTION BOX Courier Service Postal Service
-
Taco Shell Garland Restaurant
-
YOLO Family beauty salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$731k
Blend (final)
Blend
$645k
Owner & transaction history
7 Points LLC · 4 yrs held
7 Points LLC
since 2022
7 recorded transactions
Zoning & alternative use
Z263 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$625,000
+143.8%
Restaurant
$615,000
+139.3%
Office building
$565,000
+119.7%
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 Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland 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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$625,000
Change: +144% · Conversion: Difficult
RESTAURANT
$615,000
Change: +139% · Conversion: Difficult
OFFICE BUILDING
$565,000
Change: +120% · Conversion: Moderate
MEDICAL BUILDING
$440,000
Change: +72% · Conversion: Difficult
RETAIL STORES
$440,000
Change: +71% · Conversion: Easy
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$129 / 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
$44,771
Tax year 2023
Assessed value
$1,956,620
Assessed 2023
Previous assessed
$1,956,620
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$179,820
Assessed improvement
$1,776,800
Land market value
$179,820
Improvement market value
$1,776,800
Total market value
$1,956,620
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2009
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,005 SF
Lot
1.03 ac (44,954 SF)
Zoning code
Z263
APN
26530500000010000
UPID
US83-3611286
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z263 · Garland, TX
Zoning Z263 · permitted uses
Z263 · Garland, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$625,000
RESTAURANT
Est. value
$615,000
OFFICE BUILDING
Est. value
$565,000
MEDICAL BUILDING
Est. value
$440,000
RETAIL STORES
Est. value
$440,000
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
2009
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
7 Points LLC
Entity
Mailing address
1030 LAVON DR, GARLAND, TX 75040-5721
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
—
7 Points LLC
Proton Prc Ltd
Venders Lien
$2,392,000 · Cattlemens Bank
Nov 16, 2020
—
Proton Prc Ltd
—
Deed
related
$850,000 · Stockmans Bank
Jul 31, 2008
—
Proton Prc Ltd
Addison Ents INC
Warranty Deed
$1,200,000 · Comerica Bank
Dec 10, 1998
—
Addison Enterprises INC
Phillips Petroleum Co
Grant Deed
$1,200,000 · Metrobank
—
—
Proton Prc Ltd
—
Deed Of Trust
related
$1,200,000 · Comerica Bank
—
—
Addison Enterprises INC
—
Deed Of Trust
related
$100,000 · Metrobank
—
—
Proton Prc Ltd
—
Deed Of Trust
related
$1,200,000 · Comerica 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.
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