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Property profile & analytics
OFF-MARKET
Commercial real estate
1111 Sara Swamy Dr Sherman, TX 75090-1779
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3891443
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
733 SF
Lot
4.1 ac (178,596 SF)
APN
119 7080003
UPID
US83-3891443
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
-
Chirag Mehta MD Plastic Surgery Physician Medical Clinic
-
Regional Plastic Surgery Center - Sherman, TX Physician Medical Clinic
-
Mr. Bruce Byrne Physician Medical Clinic
-
Ponnuswamy Swamy Physician
-
Regional Skin & Laser Center Spa & Massage Center Alternative Medicine Practice
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
Tadm Properties LLC · 2 yrs held
Tadm Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
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 Sherman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sherman 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 2022Property tax & assessments
Tax year 2022
Tax billed
$52,647
Tax year 2022
Assessed value
$2,246,385
Assessed 2023
Previous assessed
$2,246,385
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$420,058
Assessed improvement
$1,826,327
Land market value
$420,058
Improvement market value
$1,826,327
Total market value
$2,246,385
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2004
Heating
CENTRAL
Cooling
CENTRAL
Total area
733 SF
Lot
4.1 ac (178,596 SF)
APN
119 7080003
UPID
US83-3891443
Jurisdiction
GRAYSON
Zoning & alternative use
Zoning · permitted uses
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
2004
Heating
CENTRAL
Cooling
Yes
Lot
4.1 ac
Current owner
From public records · entity-resolved
Tadm Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3201 E PRESIDENT GEORGE BUSH HWY STE #101, RICHARDSON, TX 75082-3565
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jul 1, 2024
—
Tadm Properties LLC
Rpsc Sherman Properties LLC
Special Warranty Deed
—
Jul 20, 2018
—
One Ganesha Ltd
—
Deed
related
$384,135 · Landmark Bk
Dec 29, 2017
—
Rpsc Sherman Properties LLC
—
Deed
related
$1,300,000 · Bank Of Tx
Oct 3, 2017
—
Rpsc Sherman Properties LLC
—
Deed
related
$1,300,000 · Bokf NA
Oct 4, 2005
—
Ganapathy Ltd
Texoma Heritage Ltd
Warranty Deed
—
—
—
Rpsc Sherman Properties LLC
—
Deed Of Trust
related
$1,300,000 · Bokf NA
—
—
Rpsc Sherman Properties LLC
—
Deed Of Trust
related
$1,300,000 · Bank Of Tx
—
—
One Ganesha Ltd
—
Loan Modification
related
$384,135 · Landmark 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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