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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
1125 Loop 12 Irving, TX 75061-5612
Entity Owned
Absentee Owner
Free & Clear
Property ID
US82-2229703
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Construction
STEEL FRAME
Total area
14,872 SF
Lot
2.06 ac (89,646 SF)
Zoning code
Z393
APN
32418680010010000
UPID
US82-2229703
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
-
Gary's Used Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$640k
Owner & transaction history
1125 N Walton Walker LLC
1125 N Walton Walker LLC
since 2026
7 recorded transactions
Zoning & alternative use
Z393 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$870,000
+40.3%
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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$620,000
Current use
APARTMENT HOUSE (5+ UNITS)
$870,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$43 / 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
$22,065
Tax year 2023
Assessed value
$1,020,360
Assessed 2023
Previous assessed
$1,020,360
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$313,760
Assessed improvement
$706,600
Land market value
$313,760
Improvement market value
$706,600
Total market value
$1,020,360
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
1982
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
PARTIAL
Buildings
2
Stories
1
Total area
14,872 SF
Lot
2.06 ac (89,646 SF)
Zoning code
Z393
APN
32418680010010000
UPID
US82-2229703
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z393 · Irving, TX
Zoning Z393 · permitted uses
Z393 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$620,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$870,000
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
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
1982
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
Yes
Stories
1
Buildings
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
1125 N Walton Walker LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11800 ENW HWY, DALLAS, TX 75218-1410
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2026
—
1125 N Walton Walker LLC
North Loop 12 Ios LLC
Special Warranty Deed
—
Dec 24, 2025
—
North Loop 12 Ios LLC
—
Deed
related
$400,000 · The Huntington National Bank
Mar 21, 2025
—
North Loop 1210s LLC
Ross Avenue Holding Company LLC
Deed
$2,926,000 · Veritex Community Bank
Jun 2, 2022
—
Ross Avenue Holding Company LLC
Sayre Enterprises III LP
Venders Lien
$1,920,000 · Sayre Enterprises III LP
Dec 20, 2012
—
Ents Sayre III
Sayre,gary & Jana
Quit Claim Deed
related
—
Dec 26, 2007
—
Gary Sayre
Help Properties LLC
Warranty Deed
$1,000,000 · Comerica Bank
Oct 6, 2000
—
Centrefirst Realty Svcs INC
Air Products & Chemicals INC
Grant Deed
related
$370,800 · American Bank Of Texas
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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