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Property profile & analytics
OFF-MARKET
Drive through restaurants
214 Mulberry St Kaufman, TX 75142-2045
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3260333
Property summary
AI-generated overview
This property, previously operated as a drive-in restaurant, includes a fully equipped commercial kitchen. The kitchen features a walk-in cooler, triple sink, and a 1,000-gallon grease trap. The property offers ample parking and an outdoor dining area, complete with a covered patio and picnic tables. It is located within walking distance of City Hall and the downtown square in Kaufman, Texas. The 0.428-acre lot is suitable for various uses including drive-through restaurants, restaurants, retail properties, and commercial kitchens.
Property profile
Verified
Property type
Drive through restaurants
Use group
COMMERCIAL (GENERAL)
Year built
1988
Total area
1,100 SF
Lot
0.43 ac (18,631 SF)
APN
00.2020.0041.0000.00.03.03
UPID
US82-3260333
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
-
Detour Restaurant
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
Nedlo Properties LLC · 6 yrs held
Nedlo Properties LLC
since 2020
3 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 Kaufman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kaufman 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,066
Tax year 2023
Assessed value
$295,000
Assessed 2024
Previous assessed
$214,000
+37.9% YoY
Effective rate
1.72%
On assessed value
Assessed land
$81,181
Assessed improvement
$213,819
Land market value
$81,181
Improvement market value
$213,819
Total market value
$295,000
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
Drive through restaurants
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
1,100 SF
Lot
0.43 ac (18,631 SF)
APN
00.2020.0041.0000.00.03.03
UPID
US82-3260333
Jurisdiction
KAUFMAN
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
1988
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Nedlo Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
7140 SPG VLY RD, DALLAS, TX 75254-2721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
—
Nedlo Properties LLC
Cbs Solutions LLC
Grant Deed
—
Dec 31, 2019
—
Cbs Solutions LLC
Mays B J & Z H L/tr
Warranty Deed
related
—
Oct 3, 2017
—
Billy J Mays
Barbi Ents LLC
Warranty Deed
related
—
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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