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Property profile & analytics
OFF-MARKET
Estimated value
$2,665,000
Showrooms
11311 Reeder Rd Dallas, TX 75229-3408
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US83-4250290
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Construction
STEEL FRAME
Total area
13,140 SF
Lot
2.59 ac (112,603 SF)
Zoning code
Z248
APN
654700000010000
UPID
US83-4250290
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
-
You Drive Auto Car Dealership
-
You Drive Auto Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.67M
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$2.67M
Owner & transaction history
Yda Real Estate Investment LLC · 5 yrs held
Yda Real Estate Investment LLC
since 2021
7 recorded transactions
Zoning & alternative use
Z248 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+29.0%
Restaurant
$1.8M
+18.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,890,000
6.5%
$2,670,000
7%
$2,480,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,015,000
Change: +29% · Conversion: Difficult
RESTAURANT
$1,845,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.93M · ±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
$203 / 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
$73,646
Tax year 2023
Assessed value
$3,209,300
Assessed 2023
Previous assessed
$3,209,300
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,351,240
Assessed improvement
$1,858,060
Land market value
$1,351,240
Improvement market value
$1,858,060
Total market value
$3,209,300
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
PARTIAL
Buildings
2
Stories
2
Total area
13,140 SF
Lot
2.59 ac (112,603 SF)
Zoning code
Z248
APN
654700000010000
UPID
US83-4250290
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z248 · Dallas, TX
Zoning Z248 · permitted uses
Z248 · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
RESTAURANT
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1997
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
Yes
Stories
2
Buildings
2
Lot
2.59 ac
Current owner
From public records · entity-resolved
Yda Real Estate Investment LLC
Entity
Mailing address
11311 REEDER RD, DALLAS, TX 75229-3408
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
—
Yda Real Estate Investment LLC
Texas B LP
Grant Deed
$2,222,411 · Bamcg Bridge Ptrs LP
Oct 6, 2020
—
Texas B & B Properties LP
2dak Investments LLC
Grant Deed
$1,756,000 · Independent Bk
Mar 12, 2020
—
2 Dak Investments LLC
—
Deed
related
$12,000,000 · Primalend Cap Ptrs LP
Mar 17, 2017
—
2 Dak Investments LLC
—
Trustees Deed
related
$5,000,000 · Primalend Capital Partners LP
Jul 27, 2016
—
2 Dak Investments LLC
Dgse Companies INC
Special Warranty Deed
$2,345,500 · Seacoast Commerce Bank
Oct 29, 2007
—
Dsge Companies INC
11311 Reeder Road Holdings
Grant Deed
related
—
Aug 3, 2006
—
11311 Reeder Road Holdings
Chami,khaled B
Grant Deed
related
$2,530,000 · Ohio National Life Ins Co
—
—
11311 Reeder Road Holdings
—
Deed Of Trust
related
$2,530,000 · Ohio National Life Ins Co
—
—
2 Dak Investments LLC
—
Deed Of Trust
related
$12,000,000 · Primalend Cap Ptrs LP
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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