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Property profile & analytics
OFF-MARKET
Warehouses
11224 Limestone Dr Balch Springs, TX 75180-1033
Trust Owned
4-yr Hold
Free & Clear
Property ID
US82-2652535
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1970
Construction
STEEL FRAME
Total area
8,975 SF
Lot
0.78 ac (33,959 SF)
Zoning code
Z236
APN
60012500020060000
UPID
US82-2652535
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
by Request
Owner & transaction history
Qadri Childrens Trust · 4 yrs held
Qadri Childrens Trust
since 2021
5 recorded transactions
Zoning & alternative use
Z236 · Balch Springs, 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 Balch Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Balch Springs 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
$13,151
Tax year 2023
Assessed value
$558,750
Assessed 2023
Previous assessed
$558,750
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$33,960
Assessed improvement
$524,790
Land market value
$33,960
Improvement market value
$524,790
Total market value
$558,750
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
OTHER
Buildings
2
Stories
1
Total area
8,975 SF
Lot
0.78 ac (33,959 SF)
Zoning code
Z236
APN
60012500020060000
UPID
US82-2652535
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Balch Springs, TX
Zoning Z236 · permitted uses
Z236 · Balch Springs, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Balch Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Buildings
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Qadri Childrens Trust
Trust
Free & Clear · 4 yrs held
Mailing address
11929 DENTON DR, DALLAS, TX 75234-7235
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2021
—
Qadri Childrens Trust
Reemco Import INC
Special Warranty Deed
—
Oct 27, 2020
—
Reemco Import INC
Josh Bratz
Warranty Deed
related
—
Jul 16, 2020
—
Josh Bratz
—
Deed
related
$25,000 · Richard D II Crocker
Apr 22, 2016
—
Josh Bratz
Economy Plating INC
Warranty Deed
—
—
—
Josh Bratz
—
Deed Of Trust
related
$25,000 · Richard D II Crocker
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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