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Property profile & analytics
FOR SALE
Gas stations
11530 Emerald St Dallas, TX 75229
Entity Owned
5-yr Hold
Free & Clear
Property ID
US83-4265716
For Sale
$890,000
11530 Emerald St, Dallas, TX 75229
View Listing →
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1973
Construction
TILT-UP CONCRETE
Total area
10,560 SF
Lot
1.46 ac (63,772 SF)
Zoning code
Z151
APN
604491700000
UPID
US83-4265716
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
-
Caliber Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$890k
Owner & transaction history
Teardrop Partners LP · 5 yrs held
Teardrop Partners LP
since 2020
6 recorded transactions
Zoning & alternative use
Z151 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+55.2%
Auto repair, garage
$1.2M
+52.0%
Retail stores
$900,000
+10.9%
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 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
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$810,000
Current use
COMMERCIAL (GENERAL)
$1,255,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,230,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$900,000
Change: +11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$835,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$715,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$84 / 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
$32,261
Tax year 2023
Assessed value
$1,405,860
Assessed 2023
Previous assessed
$1,405,860
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$510,280
Assessed improvement
$895,580
Land market value
$510,280
Improvement market value
$895,580
Total market value
$1,405,860
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
For Sale
Year built
1973
Construction
TILT-UP CONCRETE
Heating
OTHER
Cooling
NONE
Buildings
2
Stories
1
Total area
10,560 SF
Lot
1.46 ac (63,772 SF)
Zoning code
Z151
APN
604491700000
UPID
US83-4265716
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z151 · Dallas, TX
Zoning Z151 · permitted uses
Z151 · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$900,000
INDUSTRIAL (GENERAL)
Est. value
$835,000
MEDICAL BUILDING
Est. value
$715,000
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
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
1973
Construction
TILT-UP CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Lot
1.46 ac
Current owner
From public records · entity-resolved
Teardrop Partners LP
Entity
Free & Clear · 5 yrs held
Mailing address
100 CMNS RD STE #7, DRIPPING SPRINGS, TX 78620-3966
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2020
—
Teardrop Partners LP
11530 Emerald LLC
Grant Deed
related
—
Oct 27, 2020
—
11530 Emerald LLC
Lisa W Thompson
Grant Deed
related
—
Aug 1, 2019
—
11530 Emerald LLC
Mabius,dawn P
Grant Deed
—
Jul 31, 2019
—
11530 Emerald LLC
Bottom Line Consultants INC
Grant Deed
—
Jan 17, 2018
—
Payne,glenn & Aloha 1992 Trust
Payne Aloha
Quit Claim Deed
—
Apr 23, 2008
—
Blc INC
Walne Mary F M Trust Ptshp
Grant Deed
$256,666 · Blc INC
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?”
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