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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Retail space
13260 Josey Ln Farmers Branch, TX 75234-4973
Individually Owned
~
Est. High Equity
Property ID
US82-4232237
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
TILT-UP CONCRETE
Total area
15,072 SF
Lot
1.31 ac (57,151 SF)
Zoning code
Z140
APN
24179510000010000
UPID
US82-4232237
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
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$573k
Blend (final)
Blend
$595k
Owner & transaction history
Julie Lackten
Julie Lackten
since 2026
7 recorded transactions
Zoning & alternative use
Z140 · Farmers Branch, 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 Farmers Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmers Branch 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
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$915,000
Current use
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$39 / 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
$35,301
Tax year 2023
Assessed value
$1,682,730
Assessed 2023
Previous assessed
$1,682,730
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$857,130
Assessed improvement
$825,600
Land market value
$857,130
Improvement market value
$825,600
Total market value
$1,682,730
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
15,072 SF
Lot
1.31 ac (57,151 SF)
Zoning code
Z140
APN
24179510000010000
UPID
US82-4232237
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z140 · Farmers Branch, TX
Zoning Z140 · permitted uses
Z140 · Farmers Branch, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmers Branch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$915,000
RETAIL STORES Current
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
2000
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Julie Lackten
Individual
Mailing address
2964 PO BOX 1159TH LN, DEERFIELD, IL 60015-6002
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
—
Julie Lackten
Alice Joan Walker
Deed
—
Jun 3, 2025
—
Theodore C Young III
Small Lauer Cristyn
Warranty Deed
—
May 23, 2025
—
3840 3850 Valley View LLC
—
Deed
related
$230,824,922 · Breds V Loan Holdings LLC
Nov 11, 2024
—
Timothy Wayne Oldenburg
Timothy Wayne Oldenburg
Deed
related
—
Sep 3, 2024
—
Anthony Cassavechia
Cameron Hupp
Warranty Deed
—
Mar 22, 2024
—
Patricia Cervantes Uvalle
Jose A Lopez
Special Warranty Deed
—
Aug 16, 2023
—
Ruben Pereira
Sell House Away LLC
Warranty Deed
—
May 11, 2023
—
The Alta Vista Trust
Gdscty LLC
Warranty Deed
—
Apr 21, 2023
—
Linsaw Properties LLC
Lance R Drake
Warranty Deed
—
Dec 22, 2022
—
Tx Dallas Midtown LP
Seritage Src Finance LLC
Special Warranty Deed
—
Jul 19, 2022
—
Sell Rouse Away LLC
Sn Casa Properties LLC
Warranty Deed
—
Jun 29, 2022
—
Midtown Tower LP
—
Deed
related
$1,500,000 · Simmons Bank
Feb 22, 2022
—
Lance R Drake
Linsaw Properties LLC
Warranty Deed
—
Dec 31, 2021
—
1cm Valley View LP
Whiddon Family Limited Partnership
Special Warranty Deed
—
Oct 29, 2021
—
Myers The Home Buyers Of Dallas LLC
Teddi Lynn Weems
Special Warranty Deed
—
May 18, 2021
—
Linsaw Properties LLC
Pamela Avlos
Warranty Deed
—
Mar 29, 2021
—
Dan Willems
Mecca April INC
Warranty Deed
—
Nov 20, 2020
—
Valley View Central Shopping II LP
—
Deed
related
$2,775,000 · Texas Bank Financial
May 4, 2001
—
View Central Shopping 2 Valley
Valley View Central Shopping L
Quit Claim Deed
related
$1,675,000 · Conseco Mortgage Capital INC
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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