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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Turn key restaurants
1801 Belt Line Rd Irving, TX 75061-1509
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US83-4162832
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Construction
TILT-UP CONCRETE
Total area
5,344 SF
Lot
0.68 ac (29,751 SF)
Zoning code
Z58
APN
322284900A0070000
UPID
US83-4162832
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
-
MLB Ballpark Bites Restaurant
-
NASCAR Refuel Tenders & Burgers Restaurant
-
IHOP Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$515k
Owner & transaction history
Cao,do Family Trust · 12 yrs held
Cao,do Family Trust
since 2013
7 recorded transactions
Zoning & alternative use
Z58 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$765,000
+0.9%
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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$760,000
Current use
COMMERCIAL (GENERAL)
$765,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$96 / 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
$21,776
Tax year 2023
Assessed value
$1,007,000
Assessed 2023
Previous assessed
$1,007,000
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$357,010
Assessed improvement
$649,990
Land market value
$357,010
Improvement market value
$649,990
Total market value
$1,007,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1992
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,344 SF
Lot
0.68 ac (29,751 SF)
Zoning code
Z58
APN
322284900A0070000
UPID
US83-4162832
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z58 · Irving, TX
Zoning Z58 · permitted uses
Z58 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$765,000
RESTAURANT Current
COMMERCIAL (GENERAL)
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
1992
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Cao,do Family Trust
Trust
Mailing address
11144 TYROLEAN WAY, SAN DIEGO, CA 92126-1031
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
Oct 24, 2018
—
Cao-do Texas LLC
—
Deed
related
$1,126,122 · Wells Fargo Bk
Sep 24, 2013
—
Cao,do Family Trust
Do,thuy-trang T
Quit Claim Deed
related
$1,126,122 · Wells Fargo Bank NA
Apr 26, 2013
—
Acg 1468 LP
—
Deed Of Trust
related
$45,500,000 · Bank Of America
Mar 11, 2013
—
Cao Do Family Trust
Do,thuy-trang T
Quit Claim Deed
related
—
Mar 11, 2005
—
Thuy-trang T Do
Cnl Net Lease Funding 2003 LLC
Grant Deed
$1,560,000 · Pacific Capital Bank NA
Aug 2, 2004
—
Cnl Net Lease Funding 2003 LLC
Southfork Properties
Grant Deed
related
—
—
—
Cao-do Texas LLC
—
Loan Modification
related
$1,126,122 · Wells Fargo Bk
—
—
Acg 1333
—
Deed Of Trust
related
$11,000,000 · Bank Of America
—
—
Acg 1468 LP
—
Loan Modification
related
$55,000,000 · Bank Of America
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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