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Property profile & analytics
FOR SALE
Office buildings
1425 N Dallas Ave Lancaster, TX 75134
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5107414
For Sale
1 / 18
$2,895,000
1425 N Dallas Ave, Lancaster, TX 75134
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
FRAME
Total area
16,456 SF
Zoning code
R
APN
65087402710040900
UPID
US82-5107414
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
Current use
Occupant on record · Public records
-
Williams & Williams Law Group, PLLC Law Firm
-
Just Believe International Charitable Organization Social Service Agency
-
Nationwide Insurance: Arnold Allen Simpson Insurance Agency
-
Regions Bank Bank Loan Service
-
Lancaster Public Works Department General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$751k
Blend (final)
Blend
$580k
Owner & transaction history
First States Invtrs 4300 LLC · 21 yrs held
First States Invtrs 4300 LLC
since 2005
3 recorded transactions
Zoning & alternative use
R · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$35 / 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
$14,732
Tax year 2023
Assessed value
$611,030
Assessed 2023
Previous assessed
$611,030
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed improvement
$611,030
Improvement market value
$611,030
Total market value
$611,030
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1974
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
4
Total area
16,456 SF
Zoning code
R
APN
65087402710040900
UPID
US82-5107414
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
R · Lancaster, TX
Zoning R · permitted uses
R · Lancaster, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
4
Current owner
From public records · entity-resolved
First States Invtrs 4300 LLC
Entity
Free & Clear · 21 yrs held
Mailing address
661 E MAIN ST, MIDLOTHIAN, TX 76065-3340
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2018
—
Healthspace Regions Lancaster
—
Deed
related
$467,543 · T Bk
Jun 24, 2005
—
First States Invtrs 4300 LLC
Regions Bank
Grant Deed
related
—
—
—
Healthspace Regions Lancaster
—
Loan Modification
related
$530,478 · T 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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