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Property profile & analytics
OFF-MARKET
Estimated value
$5,940,000
Office buildings
209 State Hwy 121st Byp Lewisville, TX 75067-4151
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-6403655
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2011
Construction
TILT-UP CONCRETE
Total area
33,000 SF
Lot
2.68 ac (116,654 SF)
Zoning code
Z104
APN
910850000A2R20000
UPID
US82-6403655
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
-
Genusys Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Enabled Analytics Consultant
-
SkyOne Federal Credit Union Credit Union
-
HomeGo Real Estate Agency
-
New Western Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.48M
Blend (final)
Blend
$5.94M
Owner & transaction history
Westoplex Renewal Co LLC · 2 yrs held
Westoplex Renewal Co LLC
since 2024
7 recorded transactions
Zoning & alternative use
Z104 · Lewisville, 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 Lewisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewisville 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.94M
Range $5.35M – $6.53M · ±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
$180 / 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
$126,584
Tax year 2023
Assessed value
$6,273,300
Assessed 2023
Previous assessed
$6,273,300
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$524,880
Assessed improvement
$5,748,420
Land market value
$524,880
Improvement market value
$5,748,420
Total market value
$6,273,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2011
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
33,000 SF
Lot
2.68 ac (116,654 SF)
Zoning code
Z104
APN
910850000A2R20000
UPID
US82-6403655
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z104 · Lewisville, TX
Zoning Z104 · permitted uses
Z104 · Lewisville, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lewisville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
2.68 ac
Current owner
From public records · entity-resolved
Westoplex Renewal Co LLC
Entity
Mailing address
209 STATE HWY 121ST BYP #101, LEWISVILLE, TX 75067-4151
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
—
Westoplex Renewal Co LLC
Jacquelyn Sands Lane
Warranty Deed
—
May 9, 2024
—
Westoplex Renewal Co LLC
Regina Lynn Seals
Warranty Deed
—
Apr 16, 2024
—
Westoplex Renewal Co LLC
Alicea L Fletcher
Warranty Deed
—
Apr 10, 2024
—
Westoplex Renewal Co LLC
Shanique Vance
Warranty Deed
—
Apr 5, 2024
—
Westoplex Renewal Co LLC
Melissa Lynn Warren
Warranty Deed
—
Apr 3, 2024
—
Westoplex Renewal Co LLC
Antonio Figueroa Reyes
Warranty Deed
—
Mar 7, 2024
—
Westoplex Renewal Co LLC
Jonathan Chavez
Warranty Deed
—
Jan 9, 2024
—
Westoplex Renewal Co LLC
Larry Dean Cassady
Warranty Deed
—
Dec 27, 2023
—
Westoplex Renewal Co LLC
Dusty Rental Properties LLC
Warranty Deed
—
Dec 18, 2023
—
Westoplex Renewal Co LLC
Shinea C Wright
Warranty Deed
—
Dec 15, 2023
—
Westoplex Renewal Co LLC
Virginia Roberts
Warranty Deed
—
Nov 21, 2023
—
Westoplex Renewal Co LLC
Victor Cruz
Warranty Deed
—
Oct 17, 2023
—
Westoplex Renewal Co LLC
James Dwain Gilbreath
Warranty Deed
—
Apr 21, 2023
—
Erika Rubio
Westoplex Renewal Co LLC
Venders Lien
$120,000 · I And T Builder Corporation
Sep 7, 2021
—
Chitra Holdings LLC
Genusys Properties LLC
Special Warranty Deed
$6,300,000 · Comerica Bank
Aug 13, 2012
—
Genusys Properties LLC
Genusys INC
Quit Claim Deed
related
—
Apr 19, 2011
—
Genusys INC
Jdb Coppell Village Plaza-comm
Grant Deed
related
—
Apr 1, 2011
—
Genusys INC
—
Trustees Deed
related
$2,762,531 · J P Morgan Chase Bank
Oct 4, 2010
—
Genusys INC
Jdb Coppell Village Plaza-comm
Grant Deed
related
—
Sep 2, 2010
—
Jdb Coppell Village Plaza-comm
—
Trustees Deed
related
$606,497 · Grand Bank For Savings Fsb
—
—
Genusys INC
—
Deed Of Trust
related
—
—
—
Genusys Properties LLC
—
Deed Of Trust
related
$1,980,000 · Capital Certified Dev Corp
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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