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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Strip malls
1885 Esters Rd, Irving, TX 75061-8011
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-1927334
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
TILT-UP CONCRETE
Total area
6,000 SF
Lot
0.76 ac (33,118 SF)
Zoning code
Z393
APN
322054600B0020000
UPID
US82-1927334
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Esters Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
-
L.A.TACOS Restaurant
-
Shop N Go (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$500k
Blend (final)
Blend
$500k
Owner & transaction history
Esters An Poineer LLC · 9 yrs held
Esters An Poineer LLC
since 2016
7 recorded transactions
Zoning & alternative use
Z393 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$645,000
+99.7%
Auto repair, garage
$600,000
+85.2%
Retail stores
$475,000
+46.2%
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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$325,000
Current use
OFFICE BUILDING
$645,000
Change: +100% · Conversion: Moderate
AUTO REPAIR, GARAGE
$600,000
Change: +85% · Conversion: Difficult
RETAIL STORES
$475,000
Change: +46% · Conversion: Easy
MEDICAL BUILDING
$460,000
Change: +42% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$350,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$83 / 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
$30,166
Tax year 2023
Assessed value
$1,395,000
Assessed 2023
Previous assessed
$1,395,000
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$264,940
Assessed improvement
$1,130,060
Land market value
$264,940
Improvement market value
$1,130,060
Total market value
$1,395,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,000 SF
Lot
0.76 ac (33,118 SF)
Zoning code
Z393
APN
322054600B0020000
UPID
US82-1927334
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z393 · Irving, TX
Zoning Z393 · permitted uses
Z393 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$325,000
OFFICE BUILDING
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$600,000
RETAIL STORES
Est. value
$475,000
MEDICAL BUILDING
Est. value
$460,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$350,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2005
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Esters An Poineer LLC
Entity
Mailing address
2100 DEWSBURY DR, WYLIE, TX 75098-7431
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2016
—
Esters An Poineer LLC
Jonathon Y Yu
Warranty Deed
$880,000 · One World Bank
Sep 27, 2016
—
Esters & Pioneer LLC
Yu,jonathon Y & Nancy C
Warranty Deed
$880,000 · One World Bk
Jul 15, 2013
—
Lincoln Esters LLC
Big Stogie Investments LP
Warranty Deed
related
—
Dec 12, 2005
—
Jonathan Y Yu
Surya Holdings
Grant Deed
$480,000 · Surya Holdings LP
Nov 15, 2002
—
Surya Holdings Ltd
Chief Auto Parts INC
Grant Deed
related
—
—
—
Yu,jonathan & Nancy
—
Loan Modification
related
$551,022 · Preston Nat'l Bk
—
—
Jonathan Y Yu
—
Deed Of Trust
related
$598,571 · Preston National Bank
—
—
Jonathan Y Yu
—
Deed Of Trust
related
$20,456 · Texas Tax Solution LLC
—
—
Jonathan Y Yu
—
Deed Of Trust
related
$25,530 · Property Tax Solutions
—
—
Jonathan Yu
—
Loan Modification
related
$509,743 · Preston Nat'l Bk
—
—
Jonathan Y Yu
—
Deed Of Trust
related
$13,800 · Preston National Bank
—
—
Surya Holdings Ltd
—
Deed Of Trust
related
$448,000 · American Bank Of Texas
—
—
Yu,jonathan Y & Nancy C
—
Deed Of Trust
related
$675,000 · Preston Nat'l Bk/dallas
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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