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Property profile & analytics
OFF-MARKET
Estimated value
$6,725,000
Commercial real estate
12400 Preston Rd, Dallas, TX 75230-1866
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1604389
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Construction
FRAME
Total area
63,300 SF
Lot
3.04 ac (132,466 SF)
Zoning code
Z412
APN
007451000A0070000
UPID
US82-1604389
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
-
Brookdale Preston Nursing Home Retirement Community
-
Juniper Village at Preston Hollow Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.57M
Blend (final)
Blend
$6.73M
Owner & transaction history
S-h Forty-nine Propco-preston · 9 yrs held
S-h Forty-nine Propco-preston
since 2017
7 recorded transactions
Zoning & alternative use
Z412 · 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
COMMERCIAL (GENERAL)
$8,915,000
Current use
RESTAURANT
$8,900,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,385,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$6.73M
Range $6.05M – $7.40M · ±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
$106 / 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
$117,034
Tax year 2023
Assessed value
$5,100,000
Assessed 2023
Previous assessed
$5,100,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,986,930
Assessed improvement
$3,113,070
Land market value
$1,986,930
Improvement market value
$3,113,070
Total market value
$5,100,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1994
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
101
Total area
63,300 SF
Lot
3.04 ac (132,466 SF)
Zoning code
Z412
APN
007451000A0070000
UPID
US82-1604389
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z412 · Dallas, TX
Zoning Z412 · permitted uses
Z412 · 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
$8.9M
RESTAURANT
Est. value
$8.9M
AUTO REPAIR, GARAGE
Est. value
$7.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1994
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
101
Lot
3.04 ac
Current owner
From public records · entity-resolved
S-h Forty-nine Propco-preston
Individual
Mailing address
1920 MAIN ST STE #1200, IRVINE, CA 92614-7230
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2017
—
S-h Forty-nine Propco-preston
S-h Forty-nine Properties LLC
Quit Claim Deed
related
$130,595,000 · Keybank USA
Aug 19, 2014
—
S-h Forty-nine Properties LLC
Hcp Sh Elp3 Properties LLC
Grant Deed
related
—
Dec 20, 2012
—
Hcp Sh Elp3 Properties LLC
Bre Of Sw Medallion LLC
Grant Deed
related
—
Aug 17, 2010
—
Bre Of Sw Medallion LLC
—
Deed Of Trust
related
$159,250,000 · Columbia Pacific Sw/cs LLC
Jul 2, 2010
—
Medallion Assisted Living LP
—
Deed Of Trust
related
$163,372,000 · Columbia Pacific Distressed Fu
Jun 12, 2007
—
Medallion Assisted Living
Johnstones Medallion LLC
Quit Claim Deed
related
$159,250,000 · Column Financial INC
Feb 25, 2005
—
Fabryckis Medallion LLC
Medallion Assisted Living
Quit Claim Deed
related
$6,430,300 · Ventas Realty LP
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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