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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Assisted living facilities
106 Belt Line Rd Garland, TX 75040-4104
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2296032
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1976
Construction
FRAME
Total area
40,686 SF
Lot
1.88 ac (82,067 SF)
Zoning code
Z99
APN
26416500010230000
UPID
US82-2296032
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
-
Senior Care Beltline Retirement Community Nursing Home
-
Beltline Healthcare Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$845k
Owner & transaction history
Beltline Senior Care Center Ll · 19 yrs held
Beltline Senior Care Center Ll
since 2007
7 recorded transactions
Zoning & alternative use
Z99 · Garland, 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 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
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$955,000
Current use
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$21 / 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
$34,323
Tax year 2023
Assessed value
$1,500,000
Assessed 2023
Previous assessed
$1,500,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$492,400
Assessed improvement
$1,007,600
Land market value
$492,400
Improvement market value
$1,007,600
Total market value
$1,500,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1976
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
120
Total area
40,686 SF
Lot
1.88 ac (82,067 SF)
Zoning code
Z99
APN
26416500010230000
UPID
US82-2296032
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z99 · Garland, TX
Zoning Z99 · permitted uses
Z99 · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$955,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
1976
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
120
Lot
1.88 ac
Current owner
From public records · entity-resolved
Beltline Senior Care Center Ll
Individual
Mailing address
22600 N SAVI RNCH PKWYA, YORBA LINDA, CA 92887-4606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2017
—
Beltline Senior Care Center Ll
—
Deed
related
$7,896,000 · Lancaster Pollard Mtg
Oct 31, 2014
—
Beltline Senior Care Center Ll
—
Loan Modification
related
$100,000,000 · Private Individual
Dec 30, 2011
—
Beltline Senior Care Center Ll
—
Deed Of Trust
related
$202,000,000 · Cit Healthcare LLC
May 8, 2009
—
Beltline Senior Care Center Ll
—
Deed Of Trust
related
$202,000,000 · Cit Healthcare LLC
Apr 26, 2007
—
Beltline Senior Care Center Ll
Garland Nh Realty Ltd
Deed Of Trust
$202,000,000 · Cit Healthcare LLC
—
—
Beltine Senior Care Center LLC
—
Deed Of Trust
related
—
—
—
Beltline Senior Care Center Ll
—
Deed Of Trust
related
$7,896,000 · Lancaster Pollard Mtg
—
—
Beltline Senior Care Center Ll
—
Deed Of Trust
related
$23,840,000 · Cit Healthcare LLC
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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