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Property profile & analytics
OFF-MARKET
Estimated value
$9,610,000
Office buildings
2340 Trinity Mls Rd Carrollton, TX 75006-1942
Entity Owned
9-yr Hold
Free & Clear
Property ID
US83-3872171
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
FRAME
Total area
55,017 SF
Lot
6.84 ac (298,125 SF)
Zoning code
Z235
APN
141072300A0010000
UPID
US83-3872171
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
by Request
CAP Approach
CAP
$11.19M
Comparable Approach
Comparable
$8.04M
Blend (final)
Blend
$9.61M
Owner & transaction history
Regal Center LLC · 9 yrs held
Regal Center LLC
since 2016
7 recorded transactions
Zoning & alternative use
Z235 · Carrollton, 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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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%
$12,115,000
6.5%
$11,185,000
7%
$10,385,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,245,000
Current use
COMMERCIAL (GENERAL)
$7,130,000
Change: -14% · Conversion: Easy
RESTAURANT
$7,115,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$9.61M
Range $8.65M – $10.57M · ±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
$175 / 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
$191,849
Tax year 2023
Assessed value
$9,212,000
Assessed 2023
Previous assessed
$9,212,000
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$2,235,930
Assessed improvement
$6,976,070
Land market value
$2,235,930
Improvement market value
$6,976,070
Total market value
$9,212,000
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
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
55,017 SF
Lot
6.84 ac (298,125 SF)
Zoning code
Z235
APN
141072300A0010000
UPID
US83-3872171
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z235 · Carrollton, TX
Zoning Z235 · permitted uses
Z235 · Carrollton, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.2M
COMMERCIAL (GENERAL)
Est. value
$7.1M
RESTAURANT
Est. value
$7.1M
OFFICE BUILDING 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
1985
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Lot
6.84 ac
Current owner
From public records · entity-resolved
Regal Center LLC
Entity
Free & Clear · 9 yrs held
Mailing address
11418 DENNIS RD, DALLAS, TX 75229-2463
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2016
—
Regal Center LLC
Roeder Management LLC
Warranty Deed
—
Dec 16, 2016
—
Roeder Management LLC
Great Oaks Water Co
Warranty Deed
—
Nov 30, 2012
—
Great Oaks Water Co INC
Scaff David & Lois Trust
Grant Deed
—
Jan 24, 2012
—
Donald L Kleckner
Henderson,helen P
Grant Deed
—
Jun 10, 2011
—
Scaff David M & Lois M Trust
Scaff Mitchell N Trust
Quit Claim Deed
related
—
Aug 11, 2010
—
Htpm Trinity Center LLC
Heartland Townhomes Prop Mgmt
Warranty Deed
—
Nov 13, 2009
—
Browning Living Trust
Browning,dean R & Janet M
Quit Claim Deed
related
—
May 19, 2009
—
Tic Trinity Center LLC
For 1031 Trinity LLC
Grant Deed
—
Sep 29, 2006
—
D Bar H Ranch Family Trust
Kleckner,donald L
Grant Deed
related
—
Jul 17, 2006
—
Smith Family Trust
Rinella Leonard Living Trust
Grant Deed
—
Jun 29, 2005
—
Peter G Junger
Junger,karen L
Quit Claim Deed
related
—
Jun 7, 2004
—
Farrish Properties LLC
1031 Trinity LLC
Grant Deed
related
—
Jun 1, 2004
—
James Vangesen
1031 Trinity LLC
Grant Deed
related
—
May 21, 2004
—
Great Oaks Water Co INC
1031 Trinity LLC
Grant Deed
related
—
May 12, 2004
—
Oscar R Abernathy JR.
For 1031 Trinity LLC
Grant Deed
related
—
May 5, 2004
—
Salt Lake Exchange Accommodati
For 1031 Trinity LLC
Grant Deed
related
—
Apr 30, 2004
—
Salt Lake Exchange Accommodati
1031 Trinity LLC
Grant Deed
related
—
Apr 28, 2004
—
Bvs Family
1031 Trinity LLC
Grant Deed
related
—
Apr 19, 2004
—
Abernathy,tr
1031 Trinity LLC
Grant Deed
related
—
Apr 16, 2004
—
W & S Ostrow Family Ptshp
1031 Trinity LLC
Grant Deed
related
—
Mar 24, 2004
—
John C Mcdonald
1031 Trinity LLC
Grant Deed
related
—
Mar 17, 2004
—
Scaff,tr
1031 Trinity LLC
Grant Deed
related
—
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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