Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Distribution centers
11390 Grissom Ln Dallas, TX 75229-2350
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-4306111
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1990
Construction
TILT-UP CONCRETE
Total area
20,160 SF
Lot
1.26 ac (55,016 SF)
Zoning code
Z116
APN
006593000304C0000
UPID
US82-4306111
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
-
Timbergirl Furniture Big Box & Wholesale Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$640k
Owner & transaction history
Timbergirl Assets LLC · 8 yrs held
Timbergirl Assets LLC
since 2017
7 recorded transactions
Zoning & alternative use
Z116 · 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
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$855,000
Current use
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
$32 / 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
$25,243
Tax year 2023
Assessed value
$1,100,000
Assessed 2023
Previous assessed
$1,100,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$357,490
Assessed improvement
$742,510
Land market value
$357,490
Improvement market value
$742,510
Total market value
$1,100,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
20,160 SF
Lot
1.26 ac (55,016 SF)
Zoning code
Z116
APN
006593000304C0000
UPID
US82-4306111
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z116 · Dallas, TXZoning Z116 · permitted uses
Z116 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$855,000
WAREHOUSE, STORAGE 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
1990
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Timbergirl Assets LLC
Entity
Mailing address
1217 BENJAMIN DR, ALLEN, TX 75013-2875
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2018
—
Timbergirl Assets LLC
—
Deed
related
$604,000 · Greater Tx Cap
Dec 20, 2017
—
Timbergirl Assets LLC
Goodman Brothers Property
Grant Deed
related
—
Feb 14, 2017
—
Goodman Brothers Property
—
Deed
related
$1,200,000 · North Dallas Bk&tr
Feb 5, 2010
—
Goodman Brothers Property
—
Trustees Deed
related
$1,200,000 · North Dallas Bank & Trust Co
Mar 4, 2009
—
Goodman Brothers Property
—
Trustees Deed
related
$1,200,000 · North Dallas Bank & Trust Co
Aug 25, 2008
—
Goodman Brothers Property
—
Grant Deed
related
$1,200,000 · North Dallas Bk&tr
—
—
Goodman Brothers Property
—
Loan Modification
related
$1,200,000 · North Dallas Bk&tr
—
—
Goodman Brothers Property|goodies From Goodman INC
—
Loan Modification
related
$1,200,000 · North Dallas Bk&tr
—
—
Goodman Brothers Property
—
Deed Of Trust
related
$1,200,000 · North Dallas Bank & Trust Co
—
—
Goodman Brothers Property
—
Deed Of Trust
related
$1,200,000 · North Dallas Bank & Trust Co
—
—
Goodman Brothers Property
—
Loan Modification
related
$1,200,000 · North Dallas Bk&tr
—
—
Goodman Brothers Property
—
Deed Of Trust
related
$66,693 · North Dallas Bank & Trust Co
—
—
Goodman Brothers Property
—
Loan Modification
related
$1,200,000 · North Dallas Bk&tr
—
—
Timbergirl Assets LLC
—
Deed Of Trust
related
$604,000 · Greater Tx Cap
—
—
Goodman Brothers Property
—
Deed Of Trust
related
$1,000,000 · Ica Mortgage Capital LLC
—
—
Goodman Brothers Property
—
Deed Of Trust
related
$1,200,000 · North Dallas Bank & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11390 Grissom Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
