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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Commercial real estate
202 Parker Rd Plano, TX 75075-2392
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-0116260
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Total area
15,840 SF
Lot
0.98 ac (42,819 SF)
Zoning code
LC
APN
R-0103-001-0020-1
UPID
US82-0116260
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
-
Farmers Insurance Insurance Agency
-
Pharaoh smoke vape & phone repair (Bike/Boat/Book/etc) Store
-
Gold 7 Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
-
Masterpiece Tours Travel Agency Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.26M
Owner & transaction history
D316 Investments LLC · 10 yrs held
D316 Investments LLC
since 2015
6 recorded transactions
Zoning & alternative use
LC · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LC district is intended to provide for a wide array of retail, office and service uses to meet the needs of local residents and businesses.
Zone name
Light Commercial
General category
COMMERCIAL
Zone area
343.99 ac
Source
Realmo
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%
$1,450,000
6.5%
$1,340,000
7%
$1,245,000
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$80 / 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
Tax billed
$42,859
Tax year 2022
Assessed value
$2,519,573
Assessed 2023
Previous assessed
$2,242,719
+12.3% YoY
Effective rate
1.70%
On assessed value
Assessed land
$727,923
Assessed improvement
$1,791,650
Land market value
$727,923
Improvement market value
$1,791,650
Total market value
$2,519,573
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
1982
Heating
NONE
Stories
1
Total area
15,840 SF
Lot
0.98 ac (42,819 SF)
Zoning code
LC
APN
R-0103-001-0020-1
UPID
US82-0116260
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
LC · Plano, TXZoning LC · permitted uses
LC · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LC district is intended to provide for a wide array of retail, office and service uses to meet the needs of local residents and businesses.
Zone name
Light Commercial
General category
COMMERCIAL
Zone area
343.99 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
D316 Investments LLC
Entity
Mailing address
1900 PRESTON RD STE #267, PLANO, TX 75093-3604
Ownership since
2015
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
Oct 1, 2015
—
D316 Investments LLC
Windward Partners Xi LP
Grant Deed
$2,102,800 · Shinhan Bk
—
—
Windward Partners Xi LP
—
Loan Modification
related
$2,112,858 · Legacytexas Bank
—
—
Windward Partners Xi LP
—
Loan Modification
related
$4,318,841 · Legacytexas Bank
—
—
Windward Partners Xi LP
—
Deed Of Trust
related
$4,342,500 · Legacytexas Bank
—
—
Windward Partners Xi LP
—
Loan Modification
related
$1,282,858 · Legacytexas Bank
—
—
Windward Partners Xi LP
—
Deed Of Trust
related
$4,332,341 · Legacytexas 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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