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Financial
Distress signals
Property profile

16415 Addison Rd Addison, TX 75001

FOR LEASE
Parking lots & garages
Property ID
US83-4232944
93,275 SF 3.77 ac lot Built 1984
Last sale Sep 2020 · $10,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A renovated office building with an updated lobby, atrium, common areas, and restrooms, supported by exterior improvements and landscaping. The property includes on-site amenities for tenant use, including a building conference center, a tenant lounge with a golf simulator, and a fitness center with locker rooms and showers; it also features an outdoor tenant courtyard with a putting green. Additional on-site conveniences include a deli, on-site management, and an on-site engineer, with 24/7…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$339k
Tax billed · 2023
Assessed value$15.62M
Assessed land$2.30M
Assessed improvement$13.32M
Effective rate2.17%

Value estimate

· Oct 2026
$870k
$783k – $957k
AI approach$800k
Submarket $/SF estimate$938k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$13k
Operating expenses−$10k
NOI · 131,517.39% cap applied$30k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
131,517.39%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
Z236
JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.2
Dental Office15.3
Auto Parts Store13.9

Location

16415 Addison Rd Addison, TX 75001
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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