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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Car washes
224 Collins Rd Sunnyvale, TX 75182-4625
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-4125347
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2006
Construction
TILT-UP CONCRETE
Total area
5,236 SF
Lot
2.74 ac (119,354 SF)
Zoning code
Z267
APN
52150950010010000
UPID
US82-4125347
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
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$700k
Owner & transaction history
Caseys Marketing Company · 2 yrs held
Caseys Marketing Company
since 2023
6 recorded transactions
Zoning & alternative use
Z267 · Sunnyvale, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$710,000
+8.7%
Restaurant
$670,000
+3.1%
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 Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale 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
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$650,000
Current use
COMMERCIAL (GENERAL)
$710,000
Change: +9% · Conversion: Moderate
RESTAURANT
$670,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$134 / 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
$57,967
Tax year 2023
Assessed value
$2,650,000
Assessed 2023
Previous assessed
$2,650,000
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$1,193,670
Assessed improvement
$1,456,330
Land market value
$1,193,670
Improvement market value
$1,456,330
Total market value
$2,650,000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
2
Total area
5,236 SF
Lot
2.74 ac (119,354 SF)
Zoning code
Z267
APN
52150950010010000
UPID
US82-4125347
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z267 · Sunnyvale, TX
Zoning Z267 · permitted uses
Z267 · Sunnyvale, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$710,000
RESTAURANT
Est. value
$670,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
2.74 ac
Current owner
From public records · entity-resolved
Caseys Marketing Company
Entity
Free & Clear · 2 yrs held
Mailing address
1 SE CONVENIENCE BLVD, ANKENY, IA 50021-9672
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
—
Caseys Marketing Company
W Douglass Distributing Ltd
Special Warranty Deed
—
Feb 21, 2019
—
Texas Dept Of Transportation
W Douglass Distributing Ltd
Grant Deed
related
—
Nov 11, 2014
—
W Douglass Distributing Ltd
Towers At Sunnyvale LLC
Warranty Deed
$30,000,000 · Citizens Bank NA
Nov 23, 2010
—
Anra Properties LLC
Sunnyvale Medical Dev LLC
Grant Deed
$667,000 · J P Morgan Chase Bank
Jun 13, 2006
—
Towers Of Sunnyvale LLC
Henard,larry G & Dan M
Warranty Deed
$1,850,000 · Enterprise Bank & Trust
—
—
W Douglass Distributing Ltd
—
Loan Modification
related
$50,000,000 · Citizens Bk NA
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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