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Property profile & analytics
OFF-MARKET
Estimated value
$355,000
Strip malls
115 Wheatland Rd Duncanville, TX 75116-4725
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4102681
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Construction
FRAME
Total area
8,400 SF
Lot
0.55 ac (23,901 SF)
Zoning code
Z206
APN
221503000H03A0000
UPID
US83-4102681
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
-
Aesthetics, Wellness & Therapy, LLC Spa & Massage Center
-
Pittmon Family Chiropractic Center Alternative Medicine Practice
-
Finfonet Inc IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Presten Witherspoon, D.C. Alternative Medicine Practice
-
Frazier Jerry CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$355k
Owner & transaction history
Polous Brothers INC · 20 yrs held
Polous Brothers INC
since 2006
5 recorded transactions
Zoning & alternative use
Z206 · Duncanville, TX
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 Duncanville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duncanville 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$355k
Range $320k – $391k · ±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
$42 / 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
$9,096
Tax year 2023
Assessed value
$400,000
Assessed 2023
Previous assessed
$400,000
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$95,600
Assessed improvement
$304,400
Land market value
$95,600
Improvement market value
$304,400
Total market value
$400,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,400 SF
Lot
0.55 ac (23,901 SF)
Zoning code
Z206
APN
221503000H03A0000
UPID
US83-4102681
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z206 · Duncanville, TXZoning Z206 · permitted uses
Z206 · Duncanville, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1985
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Polous Brothers INC
Entity
Free & Clear · 20 yrs held
Mailing address
127 NATCHES TRCE, COPPELL, TX 75019-2577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2006
—
Polous Brothers INC
Davis,patrick
Grant Deed
—
Feb 18, 2000
—
Patrick Davis
Caldwell,philip B
Grant Deed
$272,000 · Bank One Texas NA
—
—
Patrick R Davis
—
Deed Of Trust
related
$266,000 · Comerica Bank Texas
—
—
Patrick Davis
—
Deed Of Trust
related
$180,000 · Comerica Bank
—
—
Patrick Davis
—
Deed Of Trust
related
$175,000 · Comerica Bank
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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