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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Manufacturing properties
1835 Forms Dr Carrollton, TX 75006-3741
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0141859
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1964
Construction
TILT-UP CONCRETE
Total area
72,432 SF
Lot
5.99 ac (261,099 SF)
Zoning code
Z123
APN
14096500013BR0000
UPID
US82-0141859
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
-
Half price books warehouse (Bike/Boat/Book/etc) Store
-
eCarsandTrucks Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$997k
Blend (final)
Blend
$1.19M
Owner & transaction history
Mpi Gd LLC · 5 yrs held
Mpi Gd LLC
since 2021
7 recorded transactions
Zoning & alternative use
Z123 · Carrollton, TX
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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$1,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,500,000
Current use
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±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
$16 / 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
$72,058
Tax year 2023
Assessed value
$3,459,990
Assessed 2023
Previous assessed
$3,459,990
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$783,300
Assessed improvement
$2,676,690
Land market value
$783,300
Improvement market value
$2,676,690
Total market value
$3,459,990
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
72,432 SF
Lot
5.99 ac (261,099 SF)
Zoning code
Z123
APN
14096500013BR0000
UPID
US82-0141859
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z123 · Carrollton, TX
Zoning Z123 · permitted uses
Z123 · Carrollton, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
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
1964
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
5.99 ac
Current owner
From public records · entity-resolved
Mpi Gd LLC
Entity
Mailing address
5803 ENW HWY, DALLAS, TX 75231-6519
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2021
—
Mpi Gd LLC
Stp 1835 Forms LLC
Special Warranty Deed
—
Nov 29, 2017
—
Stp 1835 Forms LLC
Jor Dan 85 LLC
Special Warranty Deed
$5,500,000 · First Security Bank
Sep 14, 2017
—
Jor-dan 85 LLC
—
Deed
related
$1,860,000 · Texas Cap Bk
Aug 23, 2017
—
Jor-dan 85 LLC
—
Deed
related
$1,000,000 · Texas Cap Bk
Feb 13, 2017
—
Jor-dan 85 LLC
—
Deed
related
$1,000,000 · Texas Cap Bk
Feb 8, 2017
—
Jor-dan 85 LLC
—
Deed
related
$1,860,000 · Texas Cap Bk
Jan 20, 2012
—
Jor-dan 85 LLC
—
Deed Of Trust
related
$1,860,000 · Texas Capital Bank NA
Jun 9, 2006
—
Jor-dan 85 LLC
Windward Print Star INC
Grant Deed
$1,860,000 · Texas Cap Bk
—
—
Jor-dan 85 LLC
—
Deed Of Trust
related
$250,000 · Texas Capital Bank NA
—
—
Jor-dan 85 LLC
—
Deed Of Trust
related
$1,000,000 · Texas Capital Bank NA
—
—
Jor-dan 85 LLC
—
Deed Of Trust
related
$1,860,000 · Texas Capital Bank NA
—
—
Jor-dan 85 LLC
—
Deed Of Trust
related
$1,307,000 · Renee Standley
—
—
Jor-dan 85 LLC
—
Deed Of Trust
related
$2,000,000 · Kenneth J Standley
—
—
Jor-dan 85 LLC
—
Deed Of Trust
related
$1,000,000 · Texas Cap Bk
—
—
Rhodes Printing LP
—
Deed Of Trust
related
—
—
—
Jor-dan 85 LLC
—
Loan Modification
related
$1,860,000 · Texas Cap Bk
—
—
Jor-dan 85 LLC
—
Loan Modification
related
$1,000,000 · Texas Cap Bk
—
—
Jor-dan 85 LLC
—
Loan Modification
related
$1,000,000 · Texas Cap Bk
—
—
Jor-dan 85 LLC
—
Loan Modification
related
$1,860,000 · Texas Cap 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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