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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Commercial real estate
1228 Exchange Pkwy Allen, TX 75002-1900
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-0211868
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Total area
12,030 SF
Lot
1.21 ac (52,838 SF)
APN
R-0656-00A-0020-1
UPID
US82-0211868
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
-
Young Family Electricians LLC Building Supply Electrical Service
-
Clearstone Dental Dental Office
-
Adam Pizzaria Restaurant
-
Dinners by Delaine Cafe & Coffee Shop
-
Allenex Convenience Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.48M
Owner & transaction history
Supar Investments LLC · 8 yrs held
Supar Investments LLC
since 2018
7 recorded transactions
Zoning & alternative use
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 Allen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allen 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
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±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
$123 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$46,201
Tax year 2022
Assessed value
$2,619,452
Assessed 2023
Previous assessed
$2,327,186
+12.6% YoY
Effective rate
1.76%
On assessed value
Assessed land
$686,671
Assessed improvement
$1,932,781
Land market value
$686,671
Improvement market value
$1,932,781
Total market value
$2,619,452
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
12,030 SF
Lot
1.21 ac (52,838 SF)
APN
R-0656-00A-0020-1
UPID
US82-0211868
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Supar Investments LLC
Entity
Mailing address
16 GREENWOOD LN, WOODBURY, NY 11797-2630
Ownership since
2018
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 4, 2021
—
Supar Investments LLC
—
Deed
related
$1,411,005 · Bank Of The Ozarks
Aug 5, 2020
—
Supar Investments LLC
—
Deed
related
—
Jan 30, 2018
—
Supar Investments LLC
Allenex Investment INC
Grant Deed
$1,960,000 · Texas Brand Bk
—
—
Allenex Investment INC
—
Deed Of Trust
related
$1,570,000 · Colonial Bank
—
—
Allenex Investment INC
—
Deed Of Trust
related
$1,260,000 · Veritex Cmnty Bk
—
—
Allenex Investment INC
—
Deed Of Trust
related
$1,512,000 · Legacy Bank Of Texas
—
—
Supar Investments LLC
—
Loan Modification
related
—
—
—
Allenex Investment INC
—
Deed Of Trust
related
$1,336,000 · Bank Of The Ozarks
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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