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Property profile & analytics
OFF-MARKET
Estimated value
$5,505,000
Distribution centers
12121 Stemmons Fwy Dallas, TX 75234-5805
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9482429
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2014
Construction
TILT-UP CONCRETE
Total area
340,000 SF
Lot
15.61 ac (680,059 SF)
Zoning code
Z125
APN
006576000A01A0000
UPID
US82-9482429
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
-
Triton Stone of Dallas Building Supply
-
Reliable Automatic Sprinkler Co., Inc. Production Facility Building Supply
-
Iron Mountain Warehouse & Storage
-
Paragon Distributing Distribution Center Logistics Company
-
EXPO Design Center Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.51M
Owner & transaction history
Mci3 Land Ltd · 10 yrs held
Mci3 Land Ltd
since 2015
7 recorded transactions
Zoning & alternative use
Z125 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,740,000
Current use
Blend value · Realmo final
$5.51M
Range $4.95M – $6.06M · ±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
$16 / 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
$584,206
Tax year 2023
Assessed value
$25,458,010
Assessed 2023
Previous assessed
$25,458,010
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$4,420,380
Assessed improvement
$21,037,630
Land market value
$4,420,380
Improvement market value
$21,037,630
Total market value
$25,458,010
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
2014
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
340,000 SF
Lot
15.61 ac (680,059 SF)
Zoning code
Z125
APN
006576000A01A0000
UPID
US82-9482429
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z125 · Dallas, TX
Zoning Z125 · permitted uses
Z125 · 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
WAREHOUSE, STORAGE Current
Est. value
$7.7M
WAREHOUSE, STORAGE 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
2014
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
15.61 ac
Current owner
From public records · entity-resolved
Mci3 Land Ltd
Individual
Mailing address
1722 ROUTH ST STE #1313, DALLAS, TX 75201-2517
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2015
—
Mci3 Land Ltd
Mercer Crossing Indl Land Ltd
Quit Claim Deed
related
$15,000,000 · Private Individual
Mar 5, 2012
—
Armed Forces Bk
American Realty Trust INC
Quit Claim Deed
related
—
—
—
Mci1 Land Ltd
—
Loan Modification
related
$15,000,000 · Miscellaneous Ins Co
—
—
Mci1 Land Ltd
—
Loan Modification
related
$14,325,585 · Frost Bk
—
—
Mci1 Land Ltd
—
Deed Of Trust
related
$15,000,000 · Miscellaneous Ins Co
—
—
Mercer Crossing Indl No 1 Ltd
—
Loan Modification
related
$15,000,000 · Miscellaneous Ins Co
—
—
Mci2 Land Ltd
—
Deed Of Trust
related
$12,500,000 · Miscellaneous Ins Co
—
—
American Trust INC
—
Deed Of Trust
related
$202,431 · Propel Fin'l Svcs
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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