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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Commercial real estate
1204 Hwy 377 Roanoke, TX 76262-9122
Entity Owned
4-yr Hold
Free & Clear
Property ID
US83-1931344
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Total area
3,065 SF
Lot
0.85 ac (37,218 SF)
APN
R257320
UPID
US83-1931344
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
$635k
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$690k
Owner & transaction history
916 Foods Ops LLC · 4 yrs held
916 Foods Ops LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$555,000
+21.3%
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 Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke 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
by Request
CAP Approach
CAP Return
Estimation
6%
$690,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$455,000
Current use
OFFICE BUILDING
$555,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$225 / 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
$15,950
Tax year 2023
Assessed value
$1,004,570
Assessed 2024
Previous assessed
$1,004,570
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$1,004,570
Land market value
$1,004,570
Total market value
$1,004,570
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,065 SF
Lot
0.85 ac (37,218 SF)
APN
R257320
UPID
US83-1931344
Jurisdiction
DENTON
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$455,000
OFFICE BUILDING
Est. value
$555,000
COMMERCIAL (GENERAL) Current
OFFICE 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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
916 Foods Ops LLC
Entity
Free & Clear · 4 yrs held
Mailing address
12411 VENTURA BLVD, STUDIO CITY, CA 91604-2407
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
—
916 Foods Ops LLC
Wendys International LLC
Assignment Of Sub Lease
—
Jan 28, 2019
—
Roanoke 08 A LP
—
Deed
related
$16,580,000 · Jp Morgan Chase Bk
Mar 20, 2013
—
Roanoke 08 A LLC
Roanoke 08 B LLC
Quit Claim Deed
$13,900,000 · Life Insurance Company Of The South
Mar 24, 2008
—
Roanoke 8 A LLC
Quadrant Roanoke Invs Ptrs
Quit Claim Deed
related
$15,350,000 · Midfirst Bank State Savings Bk
—
—
Roanoke 08 A LP
—
Deed Of Trust
related
$16,580,000 · Jp Morgan Chase Bk
—
—
Quadrant Roanoke Inv Ptrs
—
Deed Of Trust
related
$6,867,268 · Thrivent Financial For Luthera
—
—
Quadrant Roanoke Inv Ptrs
—
Deed Of Trust
related
$6,867,628 · Thrivent Financial For Luthera
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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