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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Manufacturing properties
1211 Commerce St Dallas, TX 75208-1617
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US83-4008086
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1956
Construction
STEEL FRAME
Total area
8,400 SF
Lot
1.36 ac (59,198 SF)
Zoning code
Z116
APN
299851000000
UPID
US83-4008086
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
-
Twisted Trompo Restaurant
-
Commercial Collision Centre Auto Repair Shop
-
DFW Commercial Graphics Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$670k
Owner & transaction history
1211 W Commerce St LLC · 5 yrs held
1211 W Commerce St LLC
since 2021
5 recorded transactions
Zoning & alternative use
Z116 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+155.2%
Auto repair, garage
$980,000
+142.8%
Office building
$945,000
+134.7%
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
$660,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$405,000
Current use
RETAIL STORES
$1,030,000
Change: +155% · Conversion: Moderate
AUTO REPAIR, GARAGE
$980,000
Change: +143% · Conversion: Easy
OFFICE BUILDING
$945,000
Change: +135% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$870,000
Change: +116% · Conversion: Difficult
MEDICAL BUILDING
$850,000
Change: +111% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$80 / 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
$34,192
Tax year 2023
Assessed value
$1,490,000
Assessed 2023
Previous assessed
$1,490,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,480,000
Assessed improvement
$10,000
Land market value
$1,480,000
Improvement market value
$10,000
Total market value
$1,490,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1956
Construction
STEEL FRAME
Heating
YES
Stories
1
Total area
8,400 SF
Lot
1.36 ac (59,198 SF)
Zoning code
Z116
APN
299851000000
UPID
US83-4008086
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
INDUSTRIAL (GENERAL) Current
Est. value
$405,000
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$980,000
OFFICE BUILDING
Est. value
$945,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$870,000
MEDICAL BUILDING
Est. value
$850,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1956
Construction
STEEL FRAME
Heating
YES
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
1211 W Commerce St LLC
Entity
Mailing address
4408 W WASKOM DR, PLANO, TX 75024-7042
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2021
—
1211 W Commerce St LLC
Williejaxon IV LLC
Special Warranty Deed
$1,240,000 · Regions Bank
Apr 29, 2020
—
Williejaxon IV LLC
—
Deed
related
$540,000 · Verabank NA
Nov 7, 2018
—
Williejaxon IV LLC
Commercial Metals Co
Grant Deed
$486,715 · Grand Bk/tx
Jul 7, 2006
—
Commercial Metals Co
Yonack Iron & Metal
Grant Deed
related
—
—
—
Williejaxon IV LLC
—
Deed Of Trust
related
$540,000 · Verabank NA
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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