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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Office buildings
1701 Belt Line Rd Wilmer, TX 75172-1528
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-0104476
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Construction
STEEL FRAME
Total area
12,052 SF
Lot
71.21 ac (3,101,995 SF)
Zoning code
Z268
APN
60015760000000100
UPID
US83-0104476
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
-
Cash For Cars - Dallas South Auto Repair Shop Auto Parts Store
-
Copart - Dallas South Car Dealership
-
Performance Food Group (PFG) - Dallas Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.66M
Owner & transaction history
Houston Copart Salvage Auto Au · 5 yrs held
Houston Copart Salvage Auto Au
since 2020
2 recorded transactions
Zoning & alternative use
Z268 · Wilmer, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+158.7%
Restaurant
$1.6M
+72.9%
Auto repair, garage
$1.4M
+49.5%
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 Wilmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmer 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,455,000
Change: +159% · Conversion: Easy
RESTAURANT
$1,640,000
Change: +73% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,415,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$1,170,000
Change: +23% · Conversion: Moderate
MEDICAL BUILDING
$1,080,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±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
$138 / 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
$91,437
Tax year 2023
Assessed value
$5,864,830
Assessed 2023
Previous assessed
$5,864,830
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$3,560,600
Assessed improvement
$2,304,230
Land market value
$3,560,600
Improvement market value
$2,304,230
Total market value
$5,864,830
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
2010
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
PARTIAL
Buildings
3
Stories
2
Total area
12,052 SF
Lot
71.21 ac (3,101,995 SF)
Zoning code
Z268
APN
60015760000000100
UPID
US83-0104476
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z268 · Wilmer, TXZoning Z268 · permitted uses
Z268 · Wilmer, TX
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
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
2010
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
Yes
Stories
2
Buildings
3
Lot
71.21 ac
Current owner
From public records · entity-resolved
Houston Copart Salvage Auto Au
Individual
Free & Clear · 5 yrs held
Mailing address
14185 DALLAS PKWY STE #300, DALLAS, TX 75254-1327
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2020
—
Houston Copart Salvage Auto Au
Benda Farm LLC
Grant Deed
related
—
Nov 2, 2009
—
Estes Dallas
Estes,t Carroll
Quit Claim Deed
related
$6,423,387 · Compass 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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