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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Manufacturing properties
1400 Hutton Dr Carrollton, TX 75006
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2003716
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
TILT-UP CONCRETE
Total area
42,000 SF
Lot
1.59 ac (69,478 SF)
Zoning code
Z123
APN
14015600020050000
UPID
US82-2003716
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
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$593k
Blend (final)
Blend
$765k
Owner & transaction history
Hutton & Dunn Investors LLC · 8 yrs held
Hutton & Dunn Investors LLC
since 2017
7 recorded transactions
Zoning & alternative use
Z123 · Carrollton, 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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$870,000
Current use
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$18 / 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
$42,860
Tax year 2023
Assessed value
$2,058,000
Assessed 2023
Previous assessed
$2,058,000
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$416,870
Assessed improvement
$1,641,130
Land market value
$416,870
Improvement market value
$1,641,130
Total market value
$2,058,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
42,000 SF
Lot
1.59 ac (69,478 SF)
Zoning code
Z123
APN
14015600020050000
UPID
US82-2003716
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z123 · Carrollton, TX
Zoning Z123 · permitted uses
Z123 · Carrollton, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$870,000
INDUSTRIAL (GENERAL) 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
1979
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.59 ac
Current owner
From public records · entity-resolved
Hutton & Dunn Investors LLC
Entity
Mailing address
600 TRAVIS ST STE #7200, HOUSTON, TX 77002-3037
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2023
—
Tcd 255 Tx Property LLC
—
Deed
related
$84,950,000 · Forethought Life Insurance Company
Dec 14, 2020
—
Platinum Owner Tx LLC
—
Deed
related
$695,000,000 · Barclays Capital Real Estate INC
Nov 21, 2018
—
Mlrp 402 Dunn LLC
—
Deed
related
$1,917,168 · Miscellaneous Ins Co
Oct 30, 2017
—
Hutton & Dunn Investors LLC
—
Deed
related
$2,750,000 · Nationwide Bk
Sep 25, 2017
—
Hutton & Dunn Investors LLC
3gg Investments LLC
Grant Deed
related
—
May 12, 2017
—
3gg Invetsments LLC
—
Deed
related
$230,000 · Texas Security Bank
Sep 9, 2013
—
3gg Investments LLC
Smith,susan M
Warranty Deed
—
—
—
Mlrp 402 Dunn LLC
—
Deed Of Trust
related
$1,917,168 · Miscellaneous Ins Co
—
—
3gg Investments LLC
—
Deed Of Trust
related
$1,603,312 · Texas Sec Bk
—
—
Hutton & Dunn Investors LLC
—
Deed Of Trust
related
$2,750,000 · Nationwide 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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