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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Theaters & concert halls
11170 Central Expy Dallas, TX 75243-6904
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US83-4205729
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1993
Construction
TILT-UP CONCRETE
Total area
59,829 SF
Lot
5.1 ac (222,156 SF)
Zoning code
Z151
APN
729000000050000
UPID
US83-4205729
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
-
Studio Movie Grill Restaurant
-
Sun & Ski Sports (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.35M
Owner & transaction history
North Central 11170 · 19 yrs held
North Central 11170
since 2007
7 recorded transactions
Zoning & alternative use
Z151 · Dallas, 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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$1,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
THEATER (MOVIE)
$1,525,000
Current use
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±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
$23 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$130,803
Tax year 2024
Assessed value
$5,700,000
Assessed 2024
Previous assessed
$5,700,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$3,998,810
Assessed improvement
$1,701,190
Land market value
$3,998,810
Improvement market value
$1,701,190
Total market value
$5,700,000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1993
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
59,829 SF
Lot
5.1 ac (222,156 SF)
Zoning code
Z151
APN
729000000050000
UPID
US83-4205729
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z151 · Dallas, TX
Zoning Z151 · permitted uses
Z151 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
THEATER (MOVIE) Current
Est. value
$1.5M
THEATER (MOVIE) 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
1993
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.1 ac
Current owner
From public records · entity-resolved
North Central 11170
Individual
Mailing address
11170 N CENTRAL LP 2525TH MCKINNON ST STE #700, DALLAS, TX 75201
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2009
—
North Central 11170
—
Trustees Deed
related
$2,050,000 · Park Cities Bank
Dec 15, 2008
—
North Central 11170
—
Trustees Deed
related
$4,129,380 · Park Cities Bank
Apr 19, 2007
—
North Central 11170
Nhi Tx Owner
Grant Deed
$4,129,380 · Park Cities Bank
Jun 29, 2006
—
Nhi Tx Owner LP
Nhi Investment Partners LP
Warranty Deed
$1,689,279 · Greenwich Capital Financial Product
—
—
11170 North Central LP
—
Loan Modification
related
$6,000,000 · Monterey Park INC
—
—
11170 North Central LP
—
Deed Of Trust
related
$2,050,000 · Park Cities Bank
—
—
North Central 11170
—
Deed Of Trust
related
$2,050,000 · Park Cities Bank
—
—
11170 North Central LP
—
Deed Of Trust
related
$6,000,000 · Kesef Int'l INC
—
—
Movie Grill Concepts Ix LLC
—
Deed Of Trust
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.
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