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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Strip malls
1205 Trinity Mls Rd Carrollton, TX 75006-1369
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US82-3835085
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Construction
FRAME
Total area
31,453 SF
Lot
3.06 ac (133,119 SF)
Zoning code
Z123
APN
140086900A02B0000
UPID
US82-3835085
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
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.10M
Owner & transaction history
Fm Invs Trinity Mills LP
Fm Invs Trinity Mills LP
7 recorded transactions
Zoning & alternative use
Z123 · Carrollton, 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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,270,000
Current use
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±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
$35 / 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
$98,819
Tax year 2023
Assessed value
$4,745,000
Assessed 2023
Previous assessed
$4,745,000
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$798,790
Assessed improvement
$3,946,210
Land market value
$798,790
Improvement market value
$3,946,210
Total market value
$4,745,000
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
1985
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
31,453 SF
Lot
3.06 ac (133,119 SF)
Zoning code
Z123
APN
140086900A02B0000
UPID
US82-3835085
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z123 · Carrollton, TX
Zoning Z123 · permitted uses
Z123 · Carrollton, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1985
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.06 ac
Current owner
From public records · entity-resolved
Fm Invs Trinity Mills LP
Entity
Mailing address
1205 W TRINITY MLS RD STE #106, CARROLLTON, TX 75006-1331
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Fm Invs Trinity Mills LP
—
Loan Modification
related
$213,372 · Wells Fargo Bk
—
—
Fm Invs Trinity Mills LP
—
Loan Modification
related
$500,000 · Wells Fargo Bk
—
—
Fm Investments LP
—
Loan Modification
related
$500,000 · Wells Fargo Bk
—
—
Fm Invs Trinity Mills LP
—
Loan Modification
related
$300,000 · Wells Fargo Bk
—
—
Fm Investments LP
—
Loan Modification
related
$1,239,333 · Wells Fargo Bk
—
—
Fm Invs Trinity Mills LP
—
Loan Modification
related
$1,565,623 · Wells Fargo Bk
—
—
F M Investments LP
—
Deed Of Trust
related
$1,900,000 · First International Bank
—
—
Fm Invs Trinity Mills LP
—
Deed Of Trust
related
$500,000 · Wells Fargo Bank
—
—
F M Investments LP
—
Deed Of Trust
related
$300,000 · First International Bank
—
—
Investments Trinity Mills Fm
—
Deed Of Trust
related
$2,200,000 · Wells Fargo Bank
—
—
Investments Trinity Mills Fm
—
Deed Of Trust
related
$300,000 · Wells Fargo Bank
—
—
Fm Invs Trinity Mills LP
—
Deed Of Trust
related
$1,693,158 · Wells Fargo Bank
—
—
Fm Invs Trinity Mills LP
—
Deed Of Trust
related
$230,752 · Wells Fargo Bank
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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