Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Manufacturing properties
104 Ash St Celina, TX 75009-6384
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0555851
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Total area
462,390 SF
Lot
2.01 ac (87,556 SF)
Zoning code
I-1
APN
R-1023-041-0010-1
UPID
US82-0555851
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
-
Martinek Grain and Bins Feed Store Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.18M
Owner & transaction history
Martinek Farming LLC · 17 yrs held
Martinek Farming LLC
since 2009
1 recorded transaction
Zoning & alternative use
I-1 · Celina, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
-Family Urban Living District 14.02.304 54 NON-RESIDENTIAL ZONING DISTRICTS CF CF Community Facilities District 14.02.402 56 C-1, C-2, B-1, B-2, B-3, B-4, ONS, and RO C Commercial, Office, & Retail District 14.02.403 56 I-1, I-2, and HI I Industrial District 14.02.404 56 AG AG Agricultural District 14.02.405 57 MU-1, MU-2 MU Mixed Use District 14.02.406 57 H…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
122.48 ac
Source
Zoning Ordinance
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 Celina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Celina 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
$5 / 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
$11,588
Tax year 2022
Assessed value
$620,188
Assessed 2023
Previous assessed
$505,598
+22.7% YoY
Effective rate
1.87%
On assessed value
Assessed land
$306,446
Assessed improvement
$313,742
Land market value
$306,446
Improvement market value
$313,742
Total market value
$620,188
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Heating
NONE
Stories
1
Total area
462,390 SF
Lot
2.01 ac (87,556 SF)
Zoning code
I-1
APN
R-1023-041-0010-1
UPID
US82-0555851
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Celina, TXZoning I-1 · permitted uses
I-1 · Celina, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
-Family Urban Living District 14.02.304 54 NON-RESIDENTIAL ZONING DISTRICTS CF CF Community Facilities District 14.02.402 56 C-1, C-2, B-1, B-2, B-3, B-4, ONS, and RO C Commercial, Office, & Retail District 14.02.403 56 I-1, I-2, and HI I Industrial District 14.02.404 56 AG AG Agricultural District 14.02.405 57 MU-1, MU-2 MU Mixed Use District 14.02.406 57 HD OT Old Town District (current) 14.02.407 59 SPECIAL DISTRICTS PD PD Planned Devel
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
122.48 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Martinek Farming LLC
Entity
Free & Clear · 17 yrs held
Mailing address
2011 EMBERSON RNCH RD, PILOT POINT, TX 76258-3165
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2009
—
Martinek Farming LLC
Martinek,donald
Quit Claim Deed
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.
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?”
You own 104 Ash St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
