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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Warehouses
11880 Shiloh Rd, Dallas, TX 75228-1501
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US82-0098540
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Construction
TILT-UP CONCRETE
Total area
34,968 SF
Lot
2.13 ac (92,696 SF)
Zoning code
Z116
APN
786966550000
UPID
US82-0098540
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
-
Performance Medical Products Medical Supply Store
-
Joshua's Respiratory Care Inc Production Facility
-
The Law Office of Jacob C. Boswell Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$925k
Owner & transaction history
Al Sorayai USA LLC · 14 yrs held
Al Sorayai USA LLC
since 2012
7 recorded transactions
Zoning & alternative use
Z116 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+14.2%
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
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,215,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,385,000
Change: +14% · Conversion: Moderate
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$26 / 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
$38,727
Tax year 2023
Assessed value
$1,659,160
Assessed 2023
Previous assessed
$1,659,160
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$602,520
Assessed improvement
$1,056,640
Land market value
$602,520
Improvement market value
$1,056,640
Total market value
$1,659,160
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
34,968 SF
Lot
2.13 ac (92,696 SF)
Zoning code
Z116
APN
786966550000
UPID
US82-0098540
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z116 · Dallas, TX
Zoning Z116 · permitted uses
Z116 · 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
WAREHOUSE, STORAGE Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
1978
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
Al Sorayai USA LLC
Entity
Mailing address
11880 SHILOH RD, DALLAS, TX 75228-1501
Ownership since
2012
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
Jan 10, 2024
—
Boswell Realty Management LLC
—
Deed
related
$350,000 · Comerica Bank
Mar 27, 2014
—
Boswell Realty Management LLC
—
Trustees Deed
related
$723,870 · Texas Sec Bk
Jan 31, 2012
—
Al Sorayai USA LLC
Sorayai,hamad A & Saleh A
Quit Claim Deed
related
—
Jan 12, 2010
$350,000
Hamad A Sorayai
Carvell,douglas W
Trustees Deed
—
Apr 26, 2005
—
Friendly Wholesalers Of Texas INC
Grand Hall USA INC
Warranty Deed
$1,080,000 · Ups Cap Bus Cr
Nov 9, 2001
—
Grand Hall USA INC
Keado,conrad
Grant Deed
$800,000 · First Commercial Bank
—
—
Boswell Realty Management LLC
—
Loan Modification
related
$387,228 · Texas Sec Bk
—
—
Boswell Realty Management LLC
—
Deed Of Trust
related
$1,035,000 · Texas Sec Bk
—
—
Friendly Wholesalers Of Texas INC
—
Deed Of Trust
related
$1,080,000 · Hamad & Saleh Alsorayai
—
—
Boswell Realty Management LLC
—
Loan Modification
related
$723,870 · Texas Sec Bk
—
—
Boswell Realty Management LLC
—
Deed Of Trust
related
$747,000 · North Tx Certified Dev
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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