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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Warehouses
219 Loop 12 Irving, TX 75061-8703
Entity Owned
3-yr Hold
Free & Clear
Property ID
US82-2860751
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1960
Construction
STEEL FRAME
Total area
9,080 SF
Lot
7.09 ac (308,971 SF)
Zoning code
Z58
APN
65088944510140000
UPID
US82-2860751
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
-
America's Auto Auction - Dallas Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$561k
Blend (final)
Blend
$605k
Owner & transaction history
Svc Abs LLC · 3 yrs held
Svc Abs LLC
since 2023
4 recorded transactions
Zoning & alternative use
Z58 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$980,000
+158.3%
Auto repair, garage
$910,000
+139.6%
Retail stores
$715,000
+89.1%
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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$380,000
Current use
OFFICE BUILDING
$980,000
Change: +158% · Conversion: Difficult
AUTO REPAIR, GARAGE
$910,000
Change: +140% · Conversion: Easy
RETAIL STORES
$715,000
Change: +89% · Conversion: Moderate
MEDICAL BUILDING
$700,000
Change: +84% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$530,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$67 / 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
$41,689
Tax year 2023
Assessed value
$1,927,840
Assessed 2023
Previous assessed
$1,927,840
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$799,430
Assessed improvement
$1,128,410
Land market value
$799,430
Improvement market value
$1,128,410
Total market value
$1,927,840
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
PARTIAL
Buildings
2
Stories
1
Total area
9,080 SF
Lot
7.09 ac (308,971 SF)
Zoning code
Z58
APN
65088944510140000
UPID
US82-2860751
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z58 · Irving, TX
Zoning Z58 · permitted uses
Z58 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$380,000
OFFICE BUILDING
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$910,000
RETAIL STORES
Est. value
$715,000
MEDICAL BUILDING
Est. value
$700,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$530,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
Yes
Stories
1
Buildings
2
Lot
7.09 ac
Current owner
From public records · entity-resolved
Svc Abs LLC
Entity
Free & Clear · 3 yrs held
Mailing address
255 WASHINGTON ST STE #270, NEWTON, MA 02458-1634
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2023
—
Svc Abs LLC
Svcn 2 LLC
Special Warranty Deed
—
Sep 11, 2009
—
Spirit Master Funding II LLC
Spirit Master Funding III LLC
Quit Claim Deed
—
Apr 6, 2006
—
Btll
Lange Family Trust
Warranty Deed
related
—
Mar 15, 2006
—
Btll
Lange Family Trust
Grant Deed
$1,460,492 · Texasbank
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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