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Property profile & analytics
OFF-MARKET
Estimated value
$10,250,000
Distribution centers
2210 Saint Germain Rd, Dallas, TX 75212-4811
Entity Owned
9-yr Hold
Free & Clear
Property ID
US83-3701231
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Construction
TILT-UP CONCRETE
Total area
107,345 SF
Lot
9.19 ac (400,273 SF)
Zoning code
Z115
APN
700591600000
UPID
US83-3701231
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
$11.44M
Comparable Approach
Comparable
$9.07M
Blend (final)
Blend
$10.25M
Owner & transaction history
Cabot IV-tx1m14 LLC · 9 yrs held
Cabot IV-tx1m14 LLC
since 2016
7 recorded transactions
Zoning & alternative use
Z115 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.1M
+181.8%
Office building
$12.7M
+136.8%
Auto repair, garage
$12.5M
+133.8%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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%
$12,385,000
6.5%
$11,435,000
7%
$10,615,000
Alternative Use
Use
Estimation
RESTAURANT
$15,090,000
Change: +182% · Conversion: Difficult
OFFICE BUILDING
$12,680,000
Change: +137% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,520,000
Change: +134% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$7,590,000
Change: +42% · Conversion: Moderate
MEDICAL BUILDING
$7,280,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$10.25M
Range $9.23M – $11.28M · ±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
$95 / 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
$218,205
Tax year 2023
Assessed value
$9,508,750
Assessed 2023
Previous assessed
$9,508,750
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$800,540
Assessed improvement
$8,708,210
Land market value
$800,540
Improvement market value
$8,708,210
Total market value
$9,508,750
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
107,345 SF
Lot
9.19 ac (400,273 SF)
Zoning code
Z115
APN
700591600000
UPID
US83-3701231
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z115 · Dallas, TX
Zoning Z115 · permitted uses
Z115 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$15.1M
OFFICE BUILDING
Est. value
$12.7M
AUTO REPAIR, GARAGE
Est. value
$12.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.6M
MEDICAL BUILDING
Est. value
$7.3M
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1973
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
9.19 ac
Current owner
From public records · entity-resolved
Cabot IV-tx1m14 LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1 BEACON ST STE #1700, BOSTON, MA 02108-3106
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2024
—
3209 Wood Owner LLC
—
Deed
related
$64,000,000 · Voya Investment Management LLC
Mar 20, 2024
—
Breit Industrial Canyon Tx1m14 LLC
—
Deed
related
$340,000,000 · Goldman Sachs Bank USA
Mar 20, 2018
—
Breit Indl Canyon Tx1m14 LLC
—
Grant Deed
related
$1,100,000,000 · Miscellaneous Ins Co
Aug 11, 2016
—
Cabot IV-tx1m14 LLC
Realty Associates Fund Viii LP
Grant Deed
—
Jan 28, 2010
—
Realty Associates Fund Viii LP
—
Deed Of Trust
related
$585,000,000 · Wells Fargo Bank
Jun 29, 2007
—
Realty Associates Fund Viii
Acss Dallas Industrial INC
Grant Deed
—
—
—
Realty Associates Fund Viii LP
—
Deed Of Trust
related
$395,000,000 · Wells Fargo Bank
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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