Property profile

12227 Lk June Rd Balch Springs, TX 75180

OFF-MARKET
Strip malls
Property ID
US82-3490107
6,600 SF 0.98 ac lot Built 2007
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction TILT-UP CONCRETE
Total area 6,600 SF
Lot 0.98 ac (42,732 SF)
Zoning code Z138
APN 600455000305R0000
UPID US82-3490107

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Mobile Phone Store Electronics & Wireless Store

Location

12227 Lk June Rd Balch Springs, TX 75180-4855
Balch Springs metro Census 17604 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$534k
Blend (final) Blend
$525k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2018
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Z138 · Balch Springs, TX
Top alternative use upside
Auto repair, garage $820,000 +101.0%
Office building $650,000 +58.8%
Retail stores $555,000 +36.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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