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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Commercial real estate
1834 Fm 551 Fate, TX 75189-4916
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-7620354
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
10,000 SF
Lot
2.5 ac (108,900 SF)
APN
0159-0000-0003-12-0R
UPID
US82-7620354
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
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$550k
Owner & transaction history
Saro Partners LLC · 8 yrs held
Saro Partners LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fate 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$55 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$10,216
Tax year 2021
Assessed value
$960,943
Assessed 2023
Previous assessed
$960,943
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$326,700
Assessed improvement
$634,243
Land market value
$326,700
Improvement market value
$634,243
Total market value
$960,943
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2004
Heating
NONE
Total area
10,000 SF
Lot
2.5 ac (108,900 SF)
APN
0159-0000-0003-12-0R
UPID
US82-7620354
Jurisdiction
ROCKWALL
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
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
2.5 ac
Current owner
From public records · entity-resolved
Saro Partners LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1900 CD BOREN, FATE, TX 75087-0048
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2018
—
Saro Partners LLC
Valk,ron
Warranty Deed
related
—
May 18, 2016
—
Ron Valk
Mike Shanks LLC
Grant Deed
$400,000 · Private Individual
May 18, 2011
—
Mike Shanks LLC
Christ Alone INC
Warranty Deed
related
—
Feb 20, 2009
—
Christ Alone INC
Szolosi,kenneth J & Janet B
Warranty Deed
$200,000 · Kenneth J & Janet B Szolosi
Feb 16, 2007
—
Kenneth J Szolosi
—
Trustees Deed
related
$115,000 · Alliance Bank
Feb 9, 2006
—
Kenneth J Szolosi
—
Trustees Deed
related
$95,000 · Alliance Bank
Mar 26, 2004
—
Kenneth J Szolosi
Sebastian,rodney
Warranty Deed
related
—
—
—
Kenneth J Szolosi
—
Deed Of Trust
related
$104,448 · Alliance Bank
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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