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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Warehouses
13900 Senlac Dr, Farmers Branch, TX 75234-8824
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US82-1472013
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
TILT-UP CONCRETE
Total area
54,970 SF
Lot
2.93 ac (127,587 SF)
Zoning code
Z236
APN
241500000A0010000
UPID
US82-1472013
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
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.32M
Owner & transaction history
Stern Realty Holdings LLC · 16 yrs held
Stern Realty Holdings LLC
since 2010
7 recorded transactions
Zoning & alternative use
Z236 · Farmers Branch, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.2M
+74.0%
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
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,250,000
Current use
INDUSTRIAL (GENERAL)
$2,175,000
Change: +74% · Conversion: Easy
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$24 / 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
$87,446
Tax year 2023
Assessed value
$4,168,380
Assessed 2023
Previous assessed
$4,168,380
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$1,020,590
Assessed improvement
$3,147,790
Land market value
$1,020,590
Improvement market value
$3,147,790
Total market value
$4,168,380
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
YES
Stories
1
Total area
54,970 SF
Lot
2.93 ac (127,587 SF)
Zoning code
Z236
APN
241500000A0010000
UPID
US82-1472013
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Farmers Branch, TX
Zoning Z236 · permitted uses
Z236 · 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
WAREHOUSE, STORAGE Current
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
YES
Stories
1
Lot
2.93 ac
Current owner
From public records · entity-resolved
Stern Realty Holdings LLC
Entity
Mailing address
13900 SENLAC DR, DALLAS, TX 75234-8824
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2017
—
Stern Realty Holdings LLC
—
Deed
related
$1,971,425 · Jpmorgan Chase Bank NA
Jul 18, 2017
—
Stern Realty Holdings LLC
—
Deed
related
$1,971,425 · Jp Morgan Chase Bk
Mar 23, 2010
—
Apc-senlac LP
—
Trustees Deed
related
$1,568,860 · Comerica Bank
Mar 1, 2010
—
Stern Realty Holdings LLC
Apc Senlac LP
Special Warranty Deed
$1,617,500 · Jpmorgan Chase Bank NA
Apr 7, 2009
—
Apc-senlac
—
Trustees Deed
related
$2,280,500 · Comerica Bank
—
—
Apc-senlac
—
Deed Of Trust
related
$2,445,000 · Comerica Bank
—
—
Apc-senlac LP
—
Deed Of Trust
related
$2,445,000 · Comerica Bank Texas
—
—
Apc-freeport Development LP
—
Deed Of Trust
related
$2,055,000 · Comerica Bank Texas
—
—
Stern Realty Holdings LLC
—
Deed Of Trust
related
$1,971,425 · Jp Morgan Chase Bk
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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