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Property profile & analytics
OFF-MARKET
Estimated value
$5,010,000
Distribution centers
1726 1st St, Garland, TX 75040-4702
Entity Owned
Free & Clear
Property ID
US82-4219639
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1968
Construction
TILT-UP CONCRETE
Total area
44,459 SF
Lot
9.99 ac (435,164 SF)
APN
26175950010010000
UPID
US82-4219639
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
$5.24M
Comparable Approach
Comparable
$4.78M
Blend (final)
Blend
$5.01M
Owner & transaction history
Stockbridge 1718 1726 Fortress LP
Stockbridge 1718 1726 Fortress LP
since 2025
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.6M
+84.1%
Restaurant
$5.5M
+80.7%
Office building
$5.0M
+65.9%
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 Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland 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%
$5,675,000
6.5%
$5,240,000
7%
$4,865,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,020,000
Current use
AUTO REPAIR, GARAGE
$5,560,000
Change: +84% · Conversion: Easy
RESTAURANT
$5,455,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$5,010,000
Change: +66% · Conversion: Difficult
MEDICAL BUILDING
$3,930,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$3,910,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$5.01M
Range $4.51M – $5.51M · ±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
$113 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$123,418
Tax year 2024
Assessed value
$5,393,680
Assessed 2024
Previous assessed
$3,625,260
+48.8% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,109,670
Assessed improvement
$4,284,010
Land market value
$1,109,670
Improvement market value
$4,284,010
Total market value
$5,393,680
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
1968
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
44,459 SF
Lot
9.99 ac (435,164 SF)
APN
26175950010010000
UPID
US82-4219639
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, 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
WAREHOUSE, STORAGE Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$5.6M
RESTAURANT
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$3.9M
RETAIL STORES
Est. value
$3.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1968
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
9.99 ac
Current owner
From public records · entity-resolved
Stockbridge 1718 1726 Fortress LP
Entity
Free & Clear · 0 yrs held
Mailing address
107 PITTSBURG ST STE #112, DALLAS, TX 75207-7207
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2025
—
Stockbridge 1718 1726 Fortress LP
—
Deed
related
$35,000,000 · Truist Bank
Aug 29, 2025
—
Stockbridge 1718 1726 Fortress LP
Cantex Fortress LLC
Special Warranty Deed
—
Mar 17, 2023
—
Cantex Fortress LLC
First Street Real Estate LP
Special Warranty Deed
$2,000,000 · First National Bank Of Omaha
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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