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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Retail properties & Spaces
2120 Belt Line Rd Balch Springs, TX 75181-2006
Individually Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2686525
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
2000
Construction
STEEL FRAME
Total area
119,000 SF
Lot
20.96 ac (913,018 SF)
Zoning code
Z05
APN
65016724010150200
UPID
US82-2686525
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
$1.42M
Owner & transaction history
Owner Name Unavailable · 21 yrs held
Owner Name Unavailable
since 2004
7 recorded transactions
Zoning & alternative use
Z05 · Balch Springs, 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 Balch Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Balch Springs 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
$12 / 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
$5,519
Tax year 2023
Assessed value
$236,400
Assessed 2023
Previous assessed
$236,400
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$183,400
Assessed improvement
$53,000
Land market value
$183,400
Improvement market value
$53,000
Total market value
$236,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
YES
Stories
1
Total area
119,000 SF
Lot
20.96 ac (913,018 SF)
Zoning code
Z05
APN
65016724010150200
UPID
US82-2686525
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z05 · Balch Springs, TX
Zoning Z05 · permitted uses
Z05 · Balch Springs, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Balch Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
YES
Stories
1
Lot
20.96 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Mailing address
1714 SAINT JAMES PL, GARLAND, TX 75043-1133
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Jul 10, 2020
—
Hgjg Ventures LLC
—
Deed
related
$1,972,000 · First Nat'l Bk/mcgregor
Apr 7, 2020
—
Hgjg Ventures LLC
—
Deed
related
$967,700 · First Nat'l Bk/mcgregor
May 21, 2018
—
Hugh Ghormley III
—
Deed
related
$1,070,000 · Newtek Small Busn Fin
Dec 15, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$175,000 · Southtrust Bk/nc
—
—
Hugh Ghormley III
—
Deed Of Trust
related
$141,000 · Maxim Commercial Capital LLC
—
—
Hgjg Ventures LLC
—
Deed Of Trust
related
$967,700 · First Nat'l Bk/mcgregor
—
—
Hgjg Ventures LLC
—
Deed Of Trust
related
$1,972,000 · First Nat'l Bk/mcgregor
—
—
Hugh Ghormley III
—
Deed Of Trust
related
$1,070,000 · Newtek Small Busn Fin
—
—
Hugh Ghormley III
—
Deed Of Trust
related
$50,000 · Maxim Commercial Capital LLC
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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