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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Warehouses
1127 1st St Garland, TX 75040-5101
Entity Owned
~
Est. High Equity
Property ID
US83-4119168
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1987
Construction
STEEL FRAME
Total area
12,000 SF
Lot
0.78 ac (34,151 SF)
Zoning code
Z109
APN
26470120020020000
UPID
US83-4119168
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
-
Aqua Pool Care General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.03M
Owner & transaction history
1301 Aal Property LLC
1301 Aal Property LLC
since 2025
7 recorded transactions
Zoning & alternative use
Z109 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+84.1%
Restaurant
$1.5M
+80.7%
Office building
$1.4M
+65.9%
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 Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$815,000
Current use
AUTO REPAIR, GARAGE
$1,500,000
Change: +84% · Conversion: Easy
RESTAURANT
$1,475,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$1,350,000
Change: +66% · Conversion: Difficult
MEDICAL BUILDING
$1,060,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$1,055,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$86 / 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
$22,825
Tax year 2023
Assessed value
$997,500
Assessed 2023
Previous assessed
$997,500
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$102,450
Assessed improvement
$895,050
Land market value
$102,450
Improvement market value
$895,050
Total market value
$997,500
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
1987
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,000 SF
Lot
0.78 ac (34,151 SF)
Zoning code
Z109
APN
26470120020020000
UPID
US83-4119168
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z109 · Garland, TX
Zoning Z109 · permitted uses
Z109 · Garland, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
RESTAURANT
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1987
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
1301 Aal Property LLC
Entity
Mailing address
2701 NATIONAL CIR, GARLAND, TX 75041-2318
Ownership since
2025
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
Dec 30, 2025
—
1301 Aal Property LLC
Trey B Investments LLC
Deed
$1,664,400 · Wells Fargo Bank NA
Mar 2, 2020
—
Trey B Investments LLC
Robert A Silber SR.
Warranty Deed
$650,000 · Truist Bank
Oct 31, 2017
—
Robert A Silber SR
—
Deed
related
$489,733 · Branch Bk&tr
Feb 13, 2015
—
Robert A Silber SR.
J & M Pool Plastering INC
Grant Deed
$480,000 · American Nat'l Bk/tx
Oct 20, 2014
—
J & M Pool Plastering INC
Hernandez,luis F
Grant Deed
—
Jun 8, 2012
—
Luis F Hernandez
J & M Pool Plastering INC
Warranty Deed
—
Dec 28, 2006
—
J & M Pool Plastering INC
Flipper Gymnastics INC
Grant Deed
—
—
—
Flipper Gymnastics INC
—
Deed Of Trust
related
$286,000 · Ge Capital Small Business Finl
—
—
Robert A Silber SR
—
Deed Of Trust
related
$489,733 · Branch Bk&tr
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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