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Property profile & analytics
FOR SALE
Gas stations
2411 Butler St Dallas, TX 75235
Individually Owned
10-yr Hold
Free & Clear
Property ID
US82-4489689
For Sale
1 / 23
$2,500,000
2411 Butler St, Dallas, TX 75235
View Listing →
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1966
Construction
STEEL FRAME
Total area
5,640 SF
Lot
0.84 ac (36,721 SF)
Zoning code
Z116
APN
430444000000
UPID
US82-4489689
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
-
Socos Wrecker Service Auto Repair Shop
-
Prime Auto Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$530k
Owner & transaction history
Enanu Ejigu · 10 yrs held
Enanu Ejigu
since 2015
2 recorded transactions
Zoning & alternative use
Z116 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$790,000
+116.4%
Auto repair, garage
$660,000
+80.0%
Neighborhood: shopping center
$400,000
+9.1%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$365,000
Current use
COMMERCIAL (GENERAL)
$790,000
Change: +116% · Conversion: Difficult
AUTO REPAIR, GARAGE
$660,000
Change: +80% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$400,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$340,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$94 / 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
$28,674
Tax year 2023
Assessed value
$1,249,510
Assessed 2023
Previous assessed
$1,249,510
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,248,510
Assessed improvement
$1,000
Land market value
$1,248,510
Improvement market value
$1,000
Total market value
$1,249,510
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
For Sale
Year built
1966
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
5,640 SF
Lot
0.84 ac (36,721 SF)
Zoning code
Z116
APN
430444000000
UPID
US82-4489689
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z116 · Dallas, TX
Zoning Z116 · permitted uses
Z116 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$365,000
COMMERCIAL (GENERAL)
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$660,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$400,000
RETAIL STORES
Est. value
$340,000
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1966
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
0.84 ac
Current owner
From public records · entity-resolved
Enanu Ejigu
Individual
Free & Clear · 10 yrs held
Mailing address
3825 MANCHESTER CIR, PLANO, TX 75023-5914
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2015
—
Enanu Ejigu
Giorgis,tekabo G
Warranty Deed
related
—
Jul 21, 2010
—
Kidist Tsehai
Tsehai,tadesse
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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