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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Manufacturing properties
1520 Wintergreen Rd Hutchins, TX 75141-4228
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2871193
Property summary
AI-generated overview
This exceptional 6,400-square-foot industrial maintenance shop, situated on a spacious 3.75-acre lot (163,350 square feet), is ideally located in Hutchins, Texas, and will be ready for occupancy in Summer 2025. The single-story building boasts a 20-foot ceiling height, perfect for accommodating heavy equipment, trucks, or trailers. The property features eight drive-in bays for convenient access and ample parking with 50 total spaces. The expansive, fully concrete-paved yard offers over 38 trailer parking positions. Its strategic location provides easy access to major transportation arteries. The property is conveniently located right off I-45, just two miles from the Dallas Intermodal Terminal and 14 miles from downtown Dallas, offering seamless connectivity to the region's transportation network. Furthermore, it's within a 34-mile radius of DFW Airport, enhancing its logistical advantages. The property is zoned LI - Light Industrial, making it suitable for a variety of industrial uses. This new construction (2025) offers a modern and efficient workspace. The property is currently vacant and ready for immediate occupancy upon completion.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
STEEL FRAME
Total area
69,750 SF
Lot
11.87 ac (517,014 SF)
Zoning code
Z123
APN
30018000010010000
UPID
US82-2871193
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
-
Bocks Board Packaging Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.19M
Owner & transaction history
Bocks Board Packaging Of Texas In · 13 yrs held
Bocks Board Packaging Of Texas In
since 2013
5 recorded transactions
Zoning & alternative use
Z123 · Hutchins, 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 Hutchins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hutchins 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
$1,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±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
$17 / 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
$50,375
Tax year 2023
Assessed value
$2,301,110
Assessed 2023
Previous assessed
$2,301,110
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$1,163,280
Assessed improvement
$1,137,830
Land market value
$1,163,280
Improvement market value
$1,137,830
Total market value
$2,301,110
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
1986
Construction
STEEL FRAME
Heating
OTHER
Cooling
PARTIAL
Buildings
2
Stories
1
Total area
69,750 SF
Lot
11.87 ac (517,014 SF)
Zoning code
Z123
APN
30018000010010000
UPID
US82-2871193
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z123 · Hutchins, TXZoning Z123 · permitted uses
Z123 · Hutchins, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Lot
11.87 ac
Current owner
From public records · entity-resolved
Bocks Board Packaging Of Texas In
Individual
Mailing address
5950 BERKSHIRE LN STE #900, DALLAS, TX 75225-5833
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2018
—
Platinum Wintergreen LP
—
Deed
related
$2,240,500 · Independent Bk
Feb 20, 2013
—
Bocks Board Packaging Of Texas In
Wamk Ltd
Grant Deed
$850,000 · Providence Bank
Dec 29, 2008
—
Jim Alexander
—
Trustees Deed
related
$750,000 · Independent Bank
—
—
Bocks Board Packaging Of Texas In
—
Deed Of Trust
related
$702,000 · North Texas Certified Dev Corp
—
—
Platinum Wintergreen LP
—
Deed Of Trust
related
$2,240,500 · Independent 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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