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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Warehouses
2007 Lancaster Hutchins Rd Lancaster, TX 75134-3417
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-2446362
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1965
Construction
STEEL FRAME
Total area
194,425 SF
Lot
8.64 ac (376,533 SF)
Zoning code
Z125
APN
36053500000030000
UPID
US82-2446362
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
-
Cherokee Pallets Freight Service Logistics Company
-
Bentwood Kitchens Inc General Contractor Renovation Specialist
-
Neuline Hardware & Home Improvement Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.45M
Owner & transaction history
The Bentwood Companies INC · 5 yrs held
The Bentwood Companies INC
since 2021
7 recorded transactions
Zoning & alternative use
Z125 · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$1,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±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
$7 / 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
$47,375
Tax year 2023
Assessed value
$1,964,990
Assessed 2023
Previous assessed
$1,964,990
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$489,490
Assessed improvement
$1,475,500
Land market value
$489,490
Improvement market value
$1,475,500
Total market value
$1,964,990
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
194,425 SF
Lot
8.64 ac (376,533 SF)
Zoning code
Z125
APN
36053500000030000
UPID
US82-2446362
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z125 · Lancaster, TX
Zoning Z125 · permitted uses
Z125 · Lancaster, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
8.64 ac
Current owner
From public records · entity-resolved
The Bentwood Companies INC
Entity
Mailing address
PO BOX 308, LANCASTER, TX 75146-0308
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
—
The Bentwood Companies INC
—
Deed
related
$3,000,000 · Commerce Bank
Aug 24, 2016
—
The Bentwood Companies INC
—
Deed
related
$2,290,000 · Jpmorgan Chase Bank NA
Jul 6, 2010
—
Bentwood Companies INC
—
Trustees Deed
related
$600,000 · Texas Trust Cu
—
—
Bentwood Companies INC
—
Deed Of Trust
related
$300,000 · Texas Trust Cu
—
—
Bentwood Companies INC
—
Deed Of Trust
related
$600,000 · Texas Trust Cu
—
—
Bentwood Companies INC
—
Loan Modification
related
$400,000 · Texas Trust Cu
—
—
Bentwood Companies INC
—
Deed Of Trust
related
$600,000 · Citizens Nat'l Bank Waxhachie
—
—
Bentwood Companies INC
—
Deed Of Trust
related
$231,600 · Citizens Nat'l Bank Waxhachie
—
—
Bentwood Companies INC
—
Deed Of Trust
related
$400,000 · Texas Trust Cu
—
—
Bentwood Companies INC
—
Deed Of Trust
related
$600,000 · Texas Trust Cu
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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