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Property profile & analytics
FOR LEASE
Mixed-use properties
1303 Dragon St Dallas, TX 75207
Entity Owned
6-yr Hold
Free & Clear
Property ID
US82-4339832
For Lease
1 / 3
$4,562,500 SF/Yr
1303 Dragon St, Dallas, TX 75207
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Property summary
AI-generated overview
This mixed-use property is located in the Dallas Design District. Constructed in 2006 and extensively renovated in 2021, the 12,500 square foot building includes 4,421 square feet of ground-floor retail space. The property also features three individually deeded residential condominiums measuring 2,947 square feet, 2,498 square feet, and 2,634 square feet respectively. Each condo has a private entrance, high-end finishes, and smart technology. Additional features include a climate-controlled six-car garage and a private rooftop patio. The property provides 18 on-site parking spaces. It is situated within walking distance of the Design District's restaurants, galleries, and nightlife, and is near The Seam, a 160,000 square foot destination for dining, retail, design, and wellness.
Property profile
Verified
Property type
Mixed-use properties
Use group
SHOW ROOM, WAREHOUSE
Year built
2005
Construction
TILT-UP CONCRETE
Total area
4,421 SF
Lot
0.24 ac (10,393 SF)
Zoning code
Z239
APN
00C71850001303A00
UPID
US82-4339832
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Allen National Property LLC · 6 yrs held
Allen National Property LLC
since 2020
2 recorded transactions
Zoning & alternative use
Z239 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$16,435
Tax year 2023
Assessed value
$716,200
Assessed 2023
Previous assessed
$716,200
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$128,660
Assessed improvement
$587,540
Land market value
$128,660
Improvement market value
$587,540
Total market value
$716,200
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
Mixed-use properties
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
2005
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,421 SF
Lot
0.24 ac (10,393 SF)
Zoning code
Z239
APN
00C71850001303A00
UPID
US82-4339832
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.
Building & site characteristics
From public records
Year built
2005
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Allen National Property LLC
Entity
Free & Clear · 6 yrs held
Mailing address
6500 SUDBURY RD, PLANO, TX 75024-7412
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2020
—
Allen National Property LLC
Au Forgeron De La Cour-dieu
Grant Deed
related
—
Jun 8, 2005
—
Au Forgeron Delacour-dieu INC
—
Trustees Deed
related
$880,000 · Bank Of America
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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