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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Manufacturing properties
2405 Shiloh Rd Garland, TX 75041-1344
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-0329621
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Construction
STEEL FRAME
Total area
32,673 SF
Lot
4.31 ac (187,961 SF)
Zoning code
Z144
APN
26207500030020200
UPID
US82-0329621
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
-
GTM Plastics Industrial Manufacturer Production Facility
-
Clarion Technologies Inc - Garland Office Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.05M
Owner & transaction history
2405 Shiloh Porperty LLC · 8 yrs held
2405 Shiloh Porperty LLC
since 2017
7 recorded transactions
Zoning & alternative use
Z144 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.7M
+102.3%
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 Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland 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
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$820,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,660,000
Change: +102% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$32 / 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
$57,205
Tax year 2023
Assessed value
$2,500,000
Assessed 2023
Previous assessed
$2,500,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$751,760
Assessed improvement
$1,748,240
Land market value
$751,760
Improvement market value
$1,748,240
Total market value
$2,500,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
OTHER
Cooling
NONE
Buildings
3
Stories
1
Total area
32,673 SF
Lot
4.31 ac (187,961 SF)
Zoning code
Z144
APN
26207500030020200
UPID
US82-0329621
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z144 · Garland, TXZoning Z144 · permitted uses
Z144 · Garland, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
3
Lot
4.31 ac
Current owner
From public records · entity-resolved
2405 Shiloh Porperty LLC
Entity
Mailing address
4140 LOCKBOURNE RD, COLUMBUS, OH 43207-4221
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2020
—
2405 Shiloh Property LLC
—
Deed
related
$2,400,000 · Borrower's Ln Protection
Aug 29, 2018
—
2405 Shiloh Property LLC
—
Deed
related
$450,000 · Heartland Bank
Oct 6, 2017
—
2405 Shiloh Porperty LLC
Clarion Technologies Lonestar Real
Special Warranty Deed
$2,400,000 · Heartland Bank
Oct 2, 2017
—
Clarion Technologies Lonestar
Whicker R/e Holdings LLC
Grant Deed
—
Jul 10, 2012
—
Whicker R/e Holdings LLC
—
Trustees Deed
related
$1,080,000 · Bank Of Texas NA
Jan 5, 2009
—
Whicker R/e Holdings LLC
Kkkm Ents Ltd
Warranty Deed
related
$2,000,000 · Comerica Bank
—
—
Whicker R/e Holdings LLC
—
Deed Of Trust
related
$1,118,000 · Alliance Lending LLC
—
—
2405 Shiloh Property LLC
—
Loan Modification
related
$450,000 · Heartland Bk
—
—
2405 Shiloh Property LLC
—
Loan Modification
related
$2,400,000 · Borrower's Ln Protection
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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