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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Strip malls
1200 Main St 1A Dallas, TX 75202-4320
Individually Owned
2-yr Hold
Free & Clear
Property ID
US82-2178641
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
STEEL FRAME
Total area
13,118 SF
Lot
1.03 ac (44,997 SF)
Zoning code
Z239
APN
00C462000RETAIL00
UPID
US82-2178641
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
-
Water Damage Restoration Dallas Hardware & Home Improvement Construction Company
-
nextavpro com Event Planning Wedding Service
-
DJ Tommy Scott Nightclub Music Venue
-
Helen's Place LLC (Bike/Boat/Book/etc) Store
-
Children On the Mend Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$775k
Owner & transaction history
John V Cox · 2 yrs held
John V Cox
since 2024
7 recorded transactions
Zoning & alternative use
Z239 · Dallas, 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 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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$925,000
Current use
MEDICAL BUILDING
$890,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$59 / 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
$56,222
Tax year 2023
Assessed value
$2,450,000
Assessed 2023
Previous assessed
$2,450,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$159,890
Assessed improvement
$2,290,110
Land market value
$159,890
Improvement market value
$2,290,110
Total market value
$2,450,000
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
2006
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
13,118 SF
Lot
1.03 ac (44,997 SF)
Zoning code
Z239
APN
00C462000RETAIL00
UPID
US82-2178641
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$925,000
MEDICAL BUILDING
Est. value
$890,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
2006
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
John V Cox
Individual
Free & Clear · 2 yrs held
Mailing address
1200 MAIN ST APT #2411, DALLAS, TX 75202-4320
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jun 26, 2024
—
John V Cox
Guru Motgi
Warranty Deed
—
May 14, 2024
—
David Holbert
David Holbert
Venders Lien
$350,650 · Lakeview Loan Servicing LLC
Dec 13, 2023
—
Eric C Marion Landais
John V Cox
Venders Lien
$325,000 · Low Va Rates LLC
Mar 2, 2022
—
Albert Yi
Neil Saretsky
Venders Lien
$252,000 · Great Western Financial Services In
Feb 2, 2022
$226,000
Adrian L Davis
Federal Home Loan Mortgage Corporat
Special Warranty Deed
—
Jun 29, 2021
—
Metropolitan 603 LLC
Tom J Eller
Special Warranty Deed
—
Oct 3, 2011
—
Belgaum LLC
Belgauim LLC
Special Warranty Deed
$700,000 · Jpmorgan Chase Bank NA
Feb 8, 2011
—
Belgaum LLC
Gonzalo-1200 Main LLC
Grant Deed
related
—
Sep 15, 2009
—
Gonzalo-1200 Main LLC
—
Deed Of Trust
related
$27,000,000 · Danske Bank
—
—
Belgaum LLC
—
Loan Modification
related
—
—
—
Belgaum LLC
—
Deed Of Trust
related
$1,750,000 · Branch Bk&tr
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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