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Property profile & analytics
OFF-MARKET
Office buildings
2252 University Dr Mckinney, TX 75069-0901
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-0548309
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
1,515 SF
Lot
0.25 ac (10,759 SF)
APN
R-6157-003-3870-1
UPID
US82-0548309
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
-
Bill Sportsman & Associates Inc Construction Company General Contractor
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
Alize Properties LLC · 1 yrs held
Alize Properties LLC
since 2024
7 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 Mckinney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mckinney 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,033
Tax year 2022
Assessed value
$215,923
Assessed 2023
Previous assessed
$201,232
+7.3% YoY
Effective rate
1.87%
On assessed value
Assessed land
$64,504
Assessed improvement
$151,419
Land market value
$64,504
Improvement market value
$151,419
Total market value
$215,923
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Heating
NONE
Stories
1
Total area
1,515 SF
Lot
0.25 ac (10,759 SF)
APN
R-6157-003-3870-1
UPID
US82-0548309
Jurisdiction
COLLIN
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
1970
Heating
NONE
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Alize Properties LLC
Entity
Mailing address
4591 LN ST, DALLAS, TX 75211
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
—
Alize Properties LLC
Agapita Investments LLC
Deed
$305,000 · Agapita Investments LLC
Apr 4, 2023
—
Agapita Investments LLC
Westoplex Renewal Co LLC
Venders Lien
$203,000 · Scf Jake LP
Sep 1, 2017
—
Kelly Black
—
Deed
related
$92,924 · Allen M Ader
Nov 6, 2012
—
Kelly Black
Ader,allen M
Warranty Deed
$107,880 · Allen M Ader
Apr 16, 2012
—
Allen M Ader
Crandall Ryan W
Grant Deed
related
—
Apr 18, 2000
—
Mark Ragon
Sportsman,billy W & Ivas
Grant Deed
$64,000 · Hibernia Bank
—
—
Mark Ragon
—
Deed Of Trust
related
$310,000 · Allen M Ader
—
—
Kelly Black
—
Loan Modification
related
$92,924 · Allen M Ader
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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