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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Commercial real estate
114 Central St Ferris, TX 75125-2620
Entity Owned
2-yr Hold
Free & Clear
Property ID
US83-4150410
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
4,250 SF
Lot
0.19 ac (8,494 SF)
APN
29.2001.013.001.00.105
UPID
US83-4150410
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
-
Y&H We Buy Houses For Cash INC Real Estate Agency
-
CBA Maintenance General Contractor Renovation Specialist
-
Ferris Express Chimney Sweep General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$550k
Owner & transaction history
Ferris City Hall LLC · 2 yrs held
Ferris City Hall LLC
since 2024
7 recorded transactions
Zoning & alternative use
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 Ferris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferris 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%
$815,000
6.5%
$750,000
7%
$695,000
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$129 / 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
$8,361
Tax year 2023
Assessed value
$465,682
Assessed 2023
Previous assessed
$465,682
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$114,336
Assessed improvement
$351,346
Land market value
$114,336
Improvement market value
$351,346
Total market value
$465,682
Applied tax rate
70.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1900
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
2
Total area
4,250 SF
Lot
0.19 ac (8,494 SF)
APN
29.2001.013.001.00.105
UPID
US83-4150410
Jurisdiction
ELLIS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Ferris City Hall LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3008 CANTON ST, DALLAS, TX 75226-1605
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
—
Ferris City Hall LLC
Ferris City Hall LLC
Deed
related
—
Sep 21, 2023
—
A Better Place LLC
—
Deed
related
$50,000 · Marshall Lenovllz
Aug 8, 2023
—
Ferris City Hall LLC
A Better Place LLC
Warranty Deed
—
Aug 22, 2022
—
A Better Place LLC
Argentinos L & B LLC
Warranty Deed
—
May 7, 2020
—
Argentinos L & B LLC
—
Deed
related
$412,000 · Commercial St Bk
Dec 10, 2019
—
Argentinos L & B LLC
—
Deed
related
$330,000 · Commercial St Bk
Sep 10, 2015
$78,000
Jacques G Dao
Sheriff Of Ellis County|argentinos L & B LLC
Trustees Deed
—
Oct 25, 2013
—
Argentinos L & B LLC
Legendary Investments Corp
Grant Deed
related
—
Dec 8, 2006
—
Legendary Investments Corp
Q I INC
Grant Deed
related
—
—
—
Argentinos L & B LLC
—
Deed Of Trust
related
$330,000 · Commercial St Bk
—
—
Argentinos L & B LLC
—
Loan Modification
related
$412,000 · Commercial St Bk
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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