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Property profile & analytics
OFF-MARKET
Estimated value
$2,055,000
Office buildings
230 Hunt St Mckinney, TX 75069-3820
Entity Owned
1-yr Hold
Free & Clear
Property ID
US82-2506074
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
17,550 SF
Lot
0.46 ac (19,994 SF)
Zoning code
BG
APN
R-10827-00A-0010-1
UPID
US82-2506074
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
-
APC Shelters Park
-
WZ Beauty Studio Wedding Service
-
Law Offices of Tim Powers Law Firm
-
Morrow Renewables Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$2.06M
Owner & transaction history
Morrow Mckinney Properties LLC · 1 yrs held
Morrow Mckinney Properties LLC
since 2024
6 recorded transactions
Zoning & alternative use
BG · Mckinney, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+40.3%
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,545,000
Current use
COMMERCIAL (GENERAL)
$2,165,000
Change: +40% · Conversion: Easy
Blend value · Realmo final
$2.06M
Range $1.85M – $2.26M · ±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
$117 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$66,134
Tax year 2022
Assessed value
$3,575,400
Assessed 2023
Previous assessed
$3,300,000
+8.3% YoY
Effective rate
1.85%
On assessed value
Assessed land
$339,899
Assessed improvement
$3,235,501
Land market value
$339,899
Improvement market value
$3,235,501
Total market value
$3,575,400
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
2015
Heating
NONE
Stories
1
Total area
17,550 SF
Lot
0.46 ac (19,994 SF)
Zoning code
BG
APN
R-10827-00A-0010-1
UPID
US82-2506074
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
BG · Mckinney, TX
Zoning BG · permitted uses
BG · Mckinney, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mckinney. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
2015
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Morrow Mckinney Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1 FOX HOLW LN, MELISSA, TX 75454-8901
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2024
—
Morrow Mckinney Properties LLC
Tynas Texas LP
Special Warranty Deed
—
Aug 18, 2020
—
Tynas Texas LP
Dfa 231 Hunt LLC
Grant Deed
—
Jun 5, 2020
—
Dfa 231 Hunt LLC
—
Deed
related
$1,673,686 · Independent Bk
May 26, 2015
—
Dfa 231 Hunt LLC
Dfa Ltd
Quit Claim Deed
related
$1,875,760 · Legacy Bk/tx
Apr 29, 2015
—
Dfa Ltd
Legacytexas Bk
Grant Deed
$161,250 · Legacy Bk/tx
—
—
Dfa 231 Hunt LLC
—
Deed Of Trust
related
$1,673,686 · Independent Bk
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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