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Property profile & analytics
OFF-MARKET
Estimated value
$9,015,000
Distribution centers
1200 Fulghum Rd Wilmer, TX 75172-1297
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5007612
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2016
Construction
TILT-UP CONCRETE
Total area
1,073,520 SF
Lot
55.17 ac (2,403,336 SF)
Zoning code
Z123
APN
540147500A0020000
UPID
US82-5007612
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.02M
Owner & transaction history
Lpc Southport I LP · 6 yrs held
Lpc Southport I LP
since 2019
1 recorded transaction
Zoning & alternative use
Z123 · Wilmer, TX
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 Wilmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmer 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$8 / 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
$1,291,752
Tax year 2023
Assessed value
$64,645,440
Assessed 2023
Previous assessed
$64,645,440
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$6,008,340
Assessed improvement
$58,637,100
Land market value
$6,008,340
Improvement market value
$58,637,100
Total market value
$64,645,440
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2016
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
PARTIAL
Stories
1
Units
1
Total area
1,073,520 SF
Lot
55.17 ac (2,403,336 SF)
Zoning code
Z123
APN
540147500A0020000
UPID
US82-5007612
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z123 · Wilmer, TX
Zoning Z123 · permitted uses
Z123 · Wilmer, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
Yes
Stories
1
Units
1
Lot
55.17 ac
Current owner
From public records · entity-resolved
Lpc Southport I LP
Entity
Mailing address
191 N WACKER DR STE #1720, CHICAGO, IL 60606-1615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2019
—
Lpc Southport I LP
—
Loan Modification
related
$49,000,000 · Jp Morgan Chase 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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