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Property profile & analytics
FOR SALE
Commercial real estate
212 N Austin Ave Denison, TX 75020
Entity Owned
Absentee Owner
Free & Clear
Property ID
US83-3943622
For Sale
1 / 9
$399,000
212 N Austin Ave, Denison, TX 75020
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Total area
1,306 SF
Lot
0.49 ac (21,449 SF)
APN
D016 3131375
UPID
US83-3943622
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
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
Usam I Fund LLC
Usam I Fund LLC
since 2026
7 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 Denison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denison 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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,537
Tax year 2022
Assessed value
$151,662
Assessed 2023
Previous assessed
$151,662
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$121,830
Assessed improvement
$29,832
Land market value
$121,830
Improvement market value
$29,832
Total market value
$151,662
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
For Sale
Year built
1968
Heating
CENTRAL
Cooling
CENTRAL
Total area
1,306 SF
Lot
0.49 ac (21,449 SF)
APN
D016 3131375
UPID
US83-3943622
Jurisdiction
GRAYSON
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
1968
Heating
CENTRAL
Cooling
Yes
Lot
0.49 ac
Current owner
From public records · entity-resolved
Usam I Fund LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1910 BALTIMORE DR, ALLEN, TX 75002-2624
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2026
$275,000
Usam I Fund LLC
Coughlin Cody
Trust Deed
—
Dec 17, 2025
—
Realatico LLC
—
Deed
related
$287,040 · Valliance Bank
Jun 16, 2025
—
Bobby C Hempkins & Associates LLC
Evergreen 12 LLC
Warranty Deed
$350,000 · Usam I Fund LLC
Jun 9, 2021
—
Bobby C Hempkins & Associates LLC
Kevin Hempkins
Venders Lien
$137,500 · Southwest Guaranty Mortgage Corpora
Jun 3, 2019
$27,307
Kevin Hempkins
Sheriff Of Grayson County|sira Investments LLC
Tax Deed
—
Oct 11, 2006
—
Mushtaq J Ali
Douglass,william P
Warranty Deed
related
—
Oct 5, 2006
—
Sira Investments LLC
Owner,record
Grant Deed
related
—
Feb 28, 2005
—
William P Douglas
Ali,mushtaq J
Warranty Deed
related
—
Nov 22, 2004
—
Mushtaq J M Ali
Ali,shehnaz M
Quit Claim Deed
related
$950,000 · Shehnaz M Ali
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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