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Property profile & analytics
OFF-MARKET
Retail space
1115 California Ln, Arlington, TX 76015-2406
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-1854517
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Total area
4,740 SF
Lot
1 ac (43,691 SF)
APN
26900-1-1
UPID
US83-1854517
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
-
A2z liquidation Department Store
-
RANA TRANS LLC Trucking Company
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
Haisam Nachawati · 6 yrs held
Haisam Nachawati
since 2019
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,459
Tax year 2023
Assessed value
$490,000
Assessed 2024
Previous assessed
$474,000
+3.4% YoY
Effective rate
2.13%
On assessed value
Assessed land
$174,764
Assessed improvement
$315,236
Land market value
$174,764
Improvement market value
$315,236
Total market value
$490,000
Applied tax rate
224.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Total area
4,740 SF
Lot
1 ac (43,691 SF)
APN
26900-1-1
UPID
US83-1854517
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
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
1984
Heating
NONE
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Haisam Nachawati
Individual
Free & Clear · 6 yrs held
Mailing address
1709 VICKY LN, GRAND PRAIRIE, TX 75052-1117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2019
—
Haisam Nachawati
Zh Property LLC
Warranty Deed
—
Jun 4, 2014
$260,000
Zh Property LLC
Zukoski Eric
Trustees Deed
—
Nov 19, 2013
—
Aa & Ta Partners LLC
Zh Property LLC
Grant Deed
—
Jul 15, 2011
$1,670
Z H Properties LLC
Deputy Constable Of Tarrant Cnty
Trustees Deed
related
—
Jan 26, 2007
—
Aa & Ta Partners LLC
Phillip R Sharp
Venders Lien
$655,000 · Business Loan Center LLC
Oct 1, 2004
—
Phillip R Sharp
Shelton-grice INC
Warranty Deed
$300,000 · Arch L Ferguson Foundation
Jun 22, 1999
—
Cheryl S Grice
Johnson,denzel
Grant Deed
$269,000 · Seller
—
—
Aa & Ta Partners LLC
—
Deed Of Trust
related
$321,500 · American Business Lending INC
—
—
Cheryl S Grice
—
Deed Of Trust
related
$340,000 · Banco Popular North America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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