Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Showrooms
1215 Slocum St Dallas, TX 75207-4015
Entity Owned
~
Est. High Equity
Property ID
US83-3362380
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1951
Construction
TILT-UP CONCRETE
Total area
12,000 SF
Lot
0.28 ac (12,000 SF)
Zoning code
Z239
APN
634402000000
UPID
US83-3362380
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
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$625k
Owner & transaction history
1215 Slocum Street LLC
1215 Slocum Street LLC
since 2025
7 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$870,000
+13.7%
Neighborhood: shopping center
$850,000
+10.8%
Medical building
$815,000
+6.3%
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 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
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Current use
INDUSTRIAL (GENERAL)
$870,000
Change: +14% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$850,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$815,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$795,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$52 / 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
$34,422
Tax year 2023
Assessed value
$1,500,000
Assessed 2023
Previous assessed
$1,500,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$540,000
Assessed improvement
$960,000
Land market value
$540,000
Improvement market value
$960,000
Total market value
$1,500,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1951
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,000 SF
Lot
0.28 ac (12,000 SF)
Zoning code
Z239
APN
634402000000
UPID
US83-3362380
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
COMMERCIAL (GENERAL) Current
Est. value
$765,000
INDUSTRIAL (GENERAL)
Est. value
$870,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$850,000
MEDICAL BUILDING
Est. value
$815,000
OFFICE BUILDING
Est. value
$795,000
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1951
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
1215 Slocum Street LLC
Entity
Mailing address
1215 SLOCUM ST, DALLAS, TX 75207-4015
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Dec 24, 2025
—
1215 Slocum Street LLC
Chad Dorsey
Special Warranty Deed
$3,250,000 · Symetra Life Insurance Co
Oct 30, 2024
—
Chad Dorsey
—
Deed
related
$6,870,000 · Newtek Business Services Holdco 6 INC
Dec 19, 2022
—
Chad Dorsey
Dd 1215 Slocum LP
Special Warranty Deed
$3,570,000 · Newtek Small Business Finance LLC
Jan 28, 2022
—
Dd 1506 Market Center LP
—
Deed
related
—
Dec 18, 2019
—
Dd 1215 Slocum LP
Doce Quince Slocum LP
Grant Deed
$17,500,000 · Khre Sma Funding LLC
Jan 11, 2016
—
Doce Quince Slocum LLC
1215 Slocum Investments LP
Venders Lien
$1,198,500 · First Citizens Bank & Trust Co
Jun 3, 2008
—
1215 Slocum Investments
Pittet,raymond & Harmony G
Warranty Deed
—
—
—
Raymond Pitten
—
Deed Of Trust
related
$16,000 · Inwood National Bank
—
—
Raymond Pittet
—
Deed Of Trust
related
$480,000 · Inwood National Bank
—
—
318 Cole Investments LP
—
Loan Modification
related
—
—
—
1215 Slocum Investments LP
—
Deed Of Trust
related
$636,778 · Inwood National Bank
—
—
Raymond Pitett
—
Deed Of Trust
related
$480,000 · Inwood National Bank
—
—
Investments Slocum
—
Deed Of Trust
related
$480,000 · Inwood National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1215 Slocum St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
