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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Specialty properties
1813 K Ave Plano, TX 75074-5924
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US82-9891304
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2018
Total area
15,185 SF
Lot
1.81 ac (78,669 SF)
Zoning code
R
APN
R-10589-00A-0010-1
UPID
US82-9891304
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
-
Wall-Robbins Historical House Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Emilys Place INC · 12 yrs held
Emilys Place INC
since 2013
6 recorded transactions
Zoning & alternative use
R · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R district is primarily intended to provide areas for neighborhood, local and regional shopping facilities for the retail sales of goods and services including convenience stores, shopping centers and regional malls but not including wholesaling or warehousing.
Zone name
Retail
General category
COMMERCIAL
Zone area
1,734.98 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.3M
+7.8%
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 Plano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plano 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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$1,160,000
Current use
COMMERCIAL (GENERAL)
$1,250,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$1,115,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±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
$74 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$2,723,075
Assessed 2023
Previous assessed
$2,605,848
+4.5% YoY
Assessed land
$629,355
Assessed improvement
$2,093,720
Land market value
$629,355
Improvement market value
$2,093,720
Total market value
$2,723,075
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2018
Heating
NONE
Stories
2
Total area
15,185 SF
Lot
1.81 ac (78,669 SF)
Zoning code
R
APN
R-10589-00A-0010-1
UPID
US82-9891304
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
R · Plano, TXZoning R · permitted uses
R · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R district is primarily intended to provide areas for neighborhood, local and regional shopping facilities for the retail sales of goods and services including convenience stores, shopping centers and regional malls but not including wholesaling or warehousing.
Zone name
Retail
General category
COMMERCIAL
Zone area
1,734.98 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
COMMERCIAL (GENERAL)
OFFICE 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
2018
Heating
NONE
Stories
2
Lot
1.81 ac
Current owner
From public records · entity-resolved
Emilys Place INC
Entity
Mailing address
PO BOX 860911, PLANO, TX 75086-0911
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2023
—
Emilys Place INC
—
Deed
related
$1,250,000 · Guaranty Bank & Trust Co
Sep 26, 2013
—
Emilys Place INC
Dallas Providence Homes INC
Grant Deed
$965,000 · Regions Bk/fayette
Apr 6, 2010
$500,000
Cate,william N
Carlton Jerry L
Trustees Deed
related
—
Oct 12, 2005
—
Wall-robbins House LLC
Cate,william N
Grant Deed
$680,000 · William N Cate
—
—
Wall-robbins House LLC
—
Loan Modification
related
$74,000 · Legacy Bk/tx
—
—
Wall-robbins House LLC
—
Deed Of Trust
related
$74,000 · Legacy Bk/tx
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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