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Property profile & analytics
OFF-MARKET
Estimated value
$5,540,000
Distribution centers
1631 Terre Colony Ct, Dallas, TX 75212-6222
Entity Owned
6-yr Hold
Free & Clear
Property ID
US82-3143167
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Construction
TILT-UP CONCRETE
Total area
58,755 SF
Lot
6.97 ac (303,439 SF)
Zoning code
Z116
APN
527664950000
UPID
US82-3143167
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
$6.26M
Comparable Approach
Comparable
$4.82M
Blend (final)
Blend
$5.54M
Owner & transaction history
G & I X Industrial Dallas LP · 6 yrs held
G & I X Industrial Dallas LP
since 2019
7 recorded transactions
Zoning & alternative use
Z116 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.3M
+181.8%
Office building
$6.9M
+136.8%
Auto repair, garage
$6.9M
+133.8%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,780,000
6.5%
$6,260,000
7%
$5,810,000
Alternative Use
Use
Estimation
RESTAURANT
$8,260,000
Change: +182% · Conversion: Difficult
OFFICE BUILDING
$6,940,000
Change: +137% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,855,000
Change: +134% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,155,000
Change: +42% · Conversion: Moderate
MEDICAL BUILDING
$3,985,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$5.54M
Range $4.99M – $6.09M · ±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
$94 / 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
$115,944
Tax year 2023
Assessed value
$5,052,490
Assessed 2023
Previous assessed
$5,052,490
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,067,200
Assessed improvement
$3,985,290
Land market value
$1,067,200
Improvement market value
$3,985,290
Total market value
$5,052,490
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
58,755 SF
Lot
6.97 ac (303,439 SF)
Zoning code
Z116
APN
527664950000
UPID
US82-3143167
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z116 · Dallas, TX
Zoning Z116 · permitted uses
Z116 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$8.3M
OFFICE BUILDING
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$6.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$4.0M
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
6.97 ac
Current owner
From public records · entity-resolved
G & I X Industrial Dallas LP
Entity
Free & Clear · 6 yrs held
Mailing address
220 E 42ND ST FL #27, NEW YORK, NY 10017-5806
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
G&i X Industrial Dallas LP
—
Deed
related
$865,000,000 · Bank Of America NA
Feb 4, 2020
—
G & I X Industrial Dallas LP
—
Deed
related
$684,600 · Bank Of America
Dec 18, 2019
—
G & I X Industrial Dallas LP
Sealy Sw Dallas LLC
Quit Claim Deed
related
—
Feb 22, 2019
—
Macex LLC
1601 Terre Colony Court LLC
Grant Deed
related
—
Sep 6, 2018
—
1617 Terre Colony Holdings LLC
Cornil-rowan Ltd
Warranty Deed
related
$3,247,500 · Comerica Bk
Jan 18, 2017
—
Sealy Sw Dallas LLC
—
Deed
related
$5,600,000 · Miscellaneous Ins Co
Jan 17, 2017
—
Sealy Sw Dallas LLC
—
Deed
related
$5,600,000 · Miscellaneous Ins Co
Nov 25, 2015
—
Sealy Sw Props Holdings LLC
Sealy Sw Properties LP
Quit Claim Deed
related
$260,000,000 · Keybank USA
Dec 1, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Sealy Sw Dallas LLC
—
Loan Modification
related
$240,000,000 · Keybank USA
—
—
G & I X Industrial Dallas LP
—
Deed Of Trust
related
$684,600 · Bank Of America
—
—
Sealy Sw Dallas LLC
—
Loan Modification
related
$260,000,000 · Keybank USA
—
—
Sealy Sw Dallas LLC
—
Deed Of Trust
related
$5,600,000 · Miscellaneous Ins Co
—
—
Sealy Sw Dallas LLC
—
Deed Of Trust
related
$5,600,000 · Miscellaneous Ins Co
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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