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Property profile & analytics
OFF-MARKET
Commercial land
15215 Addison Rd Addison, TX 75001-4553
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3356227
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1930
Total area
2,460 SF
Lot
0.3 ac (13,250 SF)
Zoning code
Z137
APN
10000610010020000
UPID
US82-3356227
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tma Holding LLC · 2 yrs held
Tma Holding LLC
since 2023
7 recorded transactions
Zoning & alternative use
Z137 · Addison, 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 Addison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Addison 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,598
Tax year 2023
Assessed value
$212,000
Assessed 2023
Previous assessed
$212,000
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$212,000
Land market value
$212,000
Total market value
$212,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1930
Heating
NONE
Total area
2,460 SF
Lot
0.3 ac (13,250 SF)
Zoning code
Z137
APN
10000610010020000
UPID
US82-3356227
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z137 · Addison, TX
Zoning Z137 · permitted uses
Z137 · Addison, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Addison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Lot
0.3 ac
Current owner
From public records · entity-resolved
Tma Holding LLC
Entity
Free & Clear · 2 yrs held
Mailing address
8216 MEADOWBROOK DR STE #300, FORT WORTH, TX 76120-5312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 5, 2023
—
Tma Holding LLC
Kf Addison Rd LLC
Deed
—
Aug 4, 2021
—
Kf Addison Rd LLC
—
Deed
related
$1,000,000 · First Commonwealth Bank
Jan 13, 2020
—
Lkliii Properties 01 LLC
Mah Properties III LLC
Grant Deed
$3,100,000 · Grantor L K L I 2010 Tr 2 (pt)
Jun 3, 2016
—
Mah Properties III LLC
—
Deed
related
$2,380,000 · Suntrust Bk
Nov 20, 2015
—
Mah Properties III LLC
Dutchbrothers 4 LLC
Warranty Deed
related
—
Feb 19, 2014
—
Dutchbrothers 4 LLC
Wash Depot Xxv INC
Trustees Deed
$1,760,000 · Providence Bk/tx Ssb
May 8, 2013
—
Wash Depot Xxv INC
—
Deed Of Trust
related
$47,000,000 · Starwood Property Mortgage LLC
Dec 9, 2004
$1,102,500
Wash Dept Xxv INC
Renshaw,j R
Trustees Deed
—
—
—
Mah Properties III LLC
—
Deed Of Trust
related
$2,380,000 · Suntrust Bk
—
—
Dutchbrothers 4 LLC
—
Deed Of Trust
related
$150,000 · Providence Bk/tx Ssb
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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