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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Office buildings
2321 Belt Line Rd Grand Prairie, TX 75051-4181
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0618292
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
TILT-UP CONCRETE
Total area
19,150 SF
Lot
2.12 ac (92,347 SF)
Zoning code
Z97
APN
28171580000010000
UPID
US82-0618292
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
-
MR Multiservices Accounting Firm
-
HOUSE OF PRAYER EVANGEL CHURCH Church
-
Consultoria Professional De Dallas Accounting Firm Tax Preparation
-
Splash Bliss General Contractor
-
SW Senior Solutions of Dallas Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$851k
Blend (final)
Blend
$725k
Owner & transaction history
Herrero LLC · 3 yrs held
Herrero LLC
since 2023
7 recorded transactions
Zoning & alternative use
Z97 · Grand Prairie, TX
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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$38 / 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
$30,364
Tax year 2023
Assessed value
$1,320,000
Assessed 2023
Previous assessed
$1,320,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$346,690
Assessed improvement
$973,310
Land market value
$346,690
Improvement market value
$973,310
Total market value
$1,320,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
19,150 SF
Lot
2.12 ac (92,347 SF)
Zoning code
Z97
APN
28171580000010000
UPID
US82-0618292
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z97 · Grand Prairie, TX
Zoning Z97 · permitted uses
Z97 · Grand Prairie, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Prairie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.12 ac
Current owner
From public records · entity-resolved
Herrero LLC
Entity
Free & Clear · 3 yrs held
Mailing address
118 ARVIN DR, SAN ANTONIO, TX 78209-6004
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2023
—
Herrero LLC
Jaime Rodriguez
Correction Deed
related
—
Apr 14, 2017
—
Jaime Rodriguez
Alamshaw Investments LLC
Warranty Deed
$1,000,000 · Transpecos Banks Ssb
Jun 17, 2015
—
Alamshaw Investments LLC
Westmoreland Gei Ltd
Venders Lien
$860,000 · Citizens 1st Bank
May 9, 2011
$720,000
Westmoreland Gei Ltd
Veach,nicholas R
Trustees Deed
—
Mar 4, 2009
—
Boyce Ents INC
Westmoreland Gei Ltd
Grant Deed
$720,000 · Westmoreland Gei Ltd
Jun 21, 2007
—
Westmoreland Gei Ltd
Falstaff Productions LLC
Grant Deed
$94,595 · Compass Bank
Sep 26, 2001
—
Falstaff Productions LLC
Bartlett Properties #9
Grant Deed
$703,000 · Texas 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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