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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Office buildings
1575 Southlake Blvd Southlake, TX 76092-5562
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US83-4085021
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
12,984 SF
Lot
1.46 ac (63,728 SF)
APN
15805-1-2AR
UPID
US83-4085021
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
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$685k
Owner & transaction history
Jefflyn Properties Vi Ltd · 13 yrs held
Jefflyn Properties Vi Ltd
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$970,000
+21.9%
Medical building
$920,000
+15.3%
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 Southlake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southlake 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$795,000
Current use
RETAIL STORES
$970,000
Change: +22% · Conversion: Moderate
MEDICAL BUILDING
$920,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$53 / 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
$58,606
Tax year 2023
Assessed value
$3,215,407
Assessed 2024
Previous assessed
$3,215,407
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$955,905
Assessed improvement
$2,259,502
Land market value
$955,905
Improvement market value
$2,259,502
Total market value
$3,215,407
Applied tax rate
224.0000
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
Off-Market
Year built
2013
Heating
NONE
Stories
1
Total area
12,984 SF
Lot
1.46 ac (63,728 SF)
APN
15805-1-2AR
UPID
US83-4085021
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$795,000
RETAIL STORES
Est. value
$970,000
MEDICAL BUILDING
Est. value
$920,000
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
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
2013
Heating
NONE
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Jefflyn Properties Vi Ltd
Entity
Mailing address
PO BOX 670329, DALLAS, TX 75367-0329
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2021
—
Jefflyn Properties Vi Ltd
—
Deed
related
$1,931,713 · Dallas Capital Bank NA
May 28, 2013
—
Jefflyn Properties Vi Ltd
1575 Southlake LLC
Venders Lien
$3,000,000 · Wells Fargo Bank NA
Jul 7, 2010
—
1575 Southlake LLC
—
Trustees Deed
related
—
Jun 23, 2009
—
1575 Southlake LLC
—
Trustees Deed
related
$50,000 · First National Bank Central Tx
Aug 6, 2008
—
1575 Southlake LLC
—
Trustees Deed
related
$1,000,000 · First National Bank Central Tx
Jun 4, 2008
—
1575 Southlake LLC
—
Trustees Deed
related
$1,000,000 · First National Bank Central Tx
Oct 12, 2007
—
1575 Southlake LLC
Taylor,earnest E JR
Warranty Deed
$1,000,000 · First National Bank Central Tx
—
—
Jefflyn Properties Vi Ltd
—
Loan Modification
related
$3,000,000 · Wells Fargo Bk
—
—
1575 Southlake LLC
—
Deed Of Trust
related
$1,000,000 · First National Bank Central Tx
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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