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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Strip malls
230 Collins Rd Sunnyvale, TX 75182-4625
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3653654
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
TILT-UP CONCRETE
Total area
8,100 SF
Lot
2.06 ac (89,646 SF)
Zoning code
Z265
APN
52006960010010000
UPID
US82-3653654
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
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$561k
Blend (final)
Blend
$620k
Owner & transaction history
Arsel Group LLC · 1 yrs held
Arsel Group LLC
since 2025
6 recorded transactions
Zoning & alternative use
Z265 · Sunnyvale, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+147.1%
Office building
$795,000
+95.2%
Retail stores
$650,000
+59.3%
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
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$410,000
Current use
AUTO REPAIR, GARAGE
$1,010,000
Change: +147% · Conversion: Difficult
OFFICE BUILDING
$795,000
Change: +95% · Conversion: Moderate
RETAIL STORES
$650,000
Change: +59% · Conversion: Easy
MEDICAL BUILDING
$645,000
Change: +59% · Conversion: Difficult
WAREHOUSE, STORAGE
$445,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$77 / 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
$38,950
Tax year 2023
Assessed value
$1,780,620
Assessed 2023
Previous assessed
$1,780,620
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$672,250
Assessed improvement
$1,108,370
Land market value
$672,250
Improvement market value
$1,108,370
Total market value
$1,780,620
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
8,100 SF
Lot
2.06 ac (89,646 SF)
Zoning code
Z265
APN
52006960010010000
UPID
US82-3653654
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z265 · Sunnyvale, TX
Zoning Z265 · permitted uses
Z265 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$410,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$795,000
RETAIL STORES
Est. value
$650,000
MEDICAL BUILDING
Est. value
$645,000
WAREHOUSE, STORAGE
Est. value
$445,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Arsel Group LLC
Entity
Free & Clear · 1 yrs held
Mailing address
535 E TRIPP RD, SUNNYVALE, TX 75182-3207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jan 29, 2025
—
Arsel Group LLC
Zoila Martinez Lopez
Deed
related
—
Mar 8, 2019
—
Texas Transportation Comn
Ocampo Brothers Ltd
Grant Deed
related
—
Mar 9, 2006
—
Ocampo Brothers Ltd
—
Trustees Deed
related
$1,000,000 · Jefferson Bank
Aug 9, 2005
—
Ocampo Brothers Ltd
Martinez,fausto & Maria R
Warranty Deed
related
—
—
—
Ocampo Brothers Ltd
—
Deed Of Trust
related
$1,116,225 · American Nat'l Bk/tx
—
—
Ocampo Brothers Ltd
—
Deed Of Trust
related
$953,100 · American National Bank Texas
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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