New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,610,000
Distribution centers
1050 State Hwy 161 Grand Prairie, TX 75051-1437
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-2322960
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1979
Construction
TILT-UP CONCRETE
Total area
170,100 SF
Lot
7.5 ac (326,700 SF)
Zoning code
Z236
APN
28242610002R10000
UPID
US82-2322960
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
$2.61M
Owner & transaction history
1050 S St Highway Invtrs LLC · 5 yrs held
1050 S St Highway Invtrs LLC
since 2020
7 recorded transactions
Zoning & alternative use
Z236 · Grand Prairie, 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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$15 / 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
$133,035
Tax year 2023
Assessed value
$5,783,400
Assessed 2023
Previous assessed
$5,783,400
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$980,080
Assessed improvement
$4,803,320
Land market value
$980,080
Improvement market value
$4,803,320
Total market value
$5,783,400
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
1979
Construction
TILT-UP CONCRETE
Heating
OTHER
Stories
1
Total area
170,100 SF
Lot
7.5 ac (326,700 SF)
Zoning code
Z236
APN
28242610002R10000
UPID
US82-2322960
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Grand Prairie, TX
Zoning Z236 · permitted uses
Z236 · Grand Prairie, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Prairie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
TILT-UP CONCRETE
Heating
OTHER
Stories
1
Lot
7.5 ac
Current owner
From public records · entity-resolved
1050 S St Highway Invtrs LLC
Entity
Free & Clear · 5 yrs held
Mailing address
53 S STATE ST, BOSTON, MA 02109-2820
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2020
—
1050 S St Highway Invtrs LLC
Martin W Liebert
Grant Deed
related
—
Mar 23, 2018
—
Martin W Liebert
Liebel,kay C
Quit Claim Deed
—
Mar 22, 2018
—
Liebel,kay C Trust
Roberts,nichole L L
Grant Deed
—
Sep 1, 2010
—
Liebert,martin
—
Trustees Deed
related
$2,670,000 · North Shore Cmnty Bk
Mar 14, 2007
—
Martin Liebert
Fgs Gpinvest LLC
Grant Deed
related
—
Dec 21, 2005
—
Fgs Gpinvest LLC
West Freeway Associates Ltd
Grant Deed
related
—
—
—
Martin Liebert
—
Deed Of Trust
related
$2,670,000 · North Shore Community Bank
—
—
Fgs Gpinvest LLC
—
Deed Of Trust
related
$1,370,000 · Wells Fargo Credit Corp
—
—
Martin Liebert
—
Deed Of Trust
related
$2,670,000 · North Shore Community Bank
—
—
Martin Liebert
—
Loan Modification
related
$2,670,000 · Wintrust Bk
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 1050 State Hwy 161?
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.
