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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Retail space
11855 Lk June Rd 34, Balch Springs, TX 75180
Entity Owned
8-yr Hold
Free & Clear
Property ID
US82-4071539
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
TILT-UP CONCRETE
Total area
6,912 SF
Lot
0.66 ac (28,906 SF)
Zoning code
Z35
APN
12040500000340000
UPID
US82-4071539
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$872k
Blend (final)
Blend
$660k
Owner & transaction history
Sun & Son Real Estate Inv LLC · 8 yrs held
Sun & Son Real Estate Inv LLC
since 2018
3 recorded transactions
Zoning & alternative use
Z35 · Balch Springs, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+77.1%
Auto repair, garage
$860,000
+47.5%
Office building
$680,000
+16.5%
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 Balch Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Balch Springs 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$585,000
Current use
RESTAURANT
$1,035,000
Change: +77% · Conversion: Easy
AUTO REPAIR, GARAGE
$860,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$680,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$550,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$540,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$95 / 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
$43,833
Tax year 2023
Assessed value
$1,797,110
Assessed 2023
Previous assessed
$1,797,110
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$173,440
Assessed improvement
$1,623,670
Land market value
$173,440
Improvement market value
$1,623,670
Total market value
$1,797,110
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2014
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,912 SF
Lot
0.66 ac (28,906 SF)
Zoning code
Z35
APN
12040500000340000
UPID
US82-4071539
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z35 · Balch Springs, TX
Zoning Z35 · permitted uses
Z35 · Balch Springs, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Balch Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$585,000
RESTAURANT
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$860,000
OFFICE BUILDING
Est. value
$680,000
MEDICAL BUILDING
Est. value
$550,000
WAREHOUSE, STORAGE
Est. value
$540,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2014
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Sun & Son Real Estate Inv LLC
Entity
Free & Clear · 8 yrs held
Mailing address
71 CASCADE KY, BELLEVUE, WA 98006-1023
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2018
—
Sun & Son Real Estate Inv LLC
American Friends Of Hebrew Univ I
Grant Deed
related
—
Dec 15, 2017
—
American Friends Of Hebrew Univ I
Winkler,jan
Grant Deed
related
—
Aug 11, 2015
—
11855 Lake June Road LLC
Lg Hickory Tree LLC
Grant Deed
related
—
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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