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Property profile & analytics
OFF-MARKET
Commercial real estate
208 Central St Ferris, TX 75125-2622
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-0211403
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1962
Total area
3,040 SF
Lot
0.15 ac (6,360 SF)
APN
29.2001.012.007.00.105
UPID
US82-0211403
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
-
Elite MTS Insurance Agency Insurance Agency
-
Ellis County Press Publishing House Newspaper & Magazine
-
Texas Handgun License Course Training Center Vocational School
-
3DiMarketing Advertising Agency Marketing & Advertising
-
MIA Money Services Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
A Better Place LLC · 2 yrs held
A Better Place LLC
since 2023
6 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 Ferris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferris 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2018Property tax & assessments
Tax year 2018
Tax billed
$1,625
Tax year 2018
Assessed value
$316,891
Assessed 2023
Previous assessed
$316,891
+0.0% YoY
Effective rate
0.51%
On assessed value
Assessed land
$85,833
Assessed improvement
$231,058
Land market value
$85,833
Improvement market value
$231,058
Total market value
$316,891
Applied tax rate
70.0000
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
1962
Heating
NONE
Stories
1
Bathrooms
1
Total area
3,040 SF
Lot
0.15 ac (6,360 SF)
APN
29.2001.012.007.00.105
UPID
US82-0211403
Jurisdiction
ELLIS
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
1962
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
A Better Place LLC
Entity
Mailing address
3008 CANTON ST, DALLAS, TX 75226-1605
Ownership since
2023
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
Aug 16, 2024
—
A Better Place LLC
—
Deed
related
$100,000 · Texasbank
Aug 4, 2023
—
A Better Place LLC
Charles D Hatfield JR
Venders Lien
$160,000 · Charles Hatfield
May 17, 2021
—
2525 Investment LP
Pummell Laney Properties LLC
Warranty Deed
—
May 22, 2018
—
Brian S Pummell
—
Deed
related
$180,000 · Commercial St Bk
Dec 21, 2016
—
Sam D Laney
Smith,anita M
Warranty Deed
related
—
Aug 19, 2005
—
Sam D Laney
Smith,anita M
Warranty Deed
$75,000 · Anita M Smith
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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