Realmo Analytics

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Property profile

12790 Merit Dr Dallas, TX 75251

FOR LEASE
Parking lots & garages
Property ID
US83-3662460
439,040 SF 5.31 ac lot Built 1983
Last sale Jul 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1.09M
Tax billed · 2023
Assessed value$44.78M
Assessed land$6.94M
Assessed improvement$37.83M
Effective rate2.42%

Value estimate

· Oct 2026
$2.42M
$2.18M – $2.66M
AI approach$1.67M
Submarket $/SF estimate$3.18M
NOI build-up
Gross scheduled income$1.26M
Vacancy & credit loss−$319k
Operating expenses−$236k
NOI · 3,152,311.11% cap applied$709k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3,152,311.11%
$709k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
Z151
JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.4
Grocery Store10.3
Building Supply10.3

Location

12790 Merit Dr Dallas, TX 75251
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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