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Property profile & analytics
OFF-MARKET
Estimated value
$4,370,000
Apartment buildings
2422 Carrier Pkwy Grand Prairie, TX 75051-3989
Entity Owned
1-yr Hold
Free & Clear
Property ID
US82-0121022
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2022
Construction
FRAME
Total area
158,430 SF
Lot
4.42 ac (192,448 SF)
Zoning code
Z97
APN
28067530010010000
UPID
US82-0121022
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
-
Casa nueva Apartment Building
-
The Gibson Apartments Apartment Complex Apartment Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.37M
Owner & transaction history
Gibson Grand Prairie LP · 1 yrs held
Gibson Grand Prairie LP
since 2024
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$28 / 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
$219,389
Tax year 2023
Assessed value
$9,537,430
Assessed 2023
Previous assessed
$9,537,430
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$769,790
Assessed improvement
$8,767,640
Land market value
$769,790
Improvement market value
$8,767,640
Total market value
$9,537,430
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2022
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
5
Units
199
Total area
158,430 SF
Lot
4.42 ac (192,448 SF)
Zoning code
Z97
APN
28067530010010000
UPID
US82-0121022
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
2022
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
5
Units
199
Lot
4.42 ac
Current owner
From public records · entity-resolved
Gibson Grand Prairie LP
Entity
Free & Clear · 1 yrs held
Mailing address
3972 WESTCLIFF RD, GRAND PRAIRIE, TX 75052-3109
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
—
Gibson Grand Prairie LP
The Gibson Mf LLC
Intrafamily Transfer
related
—
Sep 4, 2019
—
The Gibson Mf LLC
David Nicklas Organ Donor Awareness
Warranty Deed
—
May 13, 2019
—
David Nicklas Organ Donor Awar
Om Grand Shopping LLC
Warranty Deed
related
—
Mar 30, 2004
—
Om Grand Shopping LLC
Yu,tse O W
Warranty Deed
$650,000 · New Era Life Insurance Co
—
—
Om Grand Shopping LLC
—
Deed Of Trust
related
$750,000 · Itec Fin'l
—
—
Om Grand Shopping LLC
—
Deed Of Trust
related
$44,438 · New Era Life Ins Co
—
—
Om Grand Shopping LLC
—
Deed Of Trust
related
$453,107 · New Era Life Ins Co
—
—
Om Grand Shopping LLC
—
Deed Of Trust
related
$250,000 · Shree Properties INC
—
—
Om Grand Shopping LLC
—
Deed Of Trust
related
$78,439 · New Era Life Ins Co
—
—
Om Grand Shopping LLC
—
Deed Of Trust
related
$950,000 · Shirahil Investments LLC
—
—
Om Grand Shopping LLC
—
Loan Modification
related
$950,000 · Shirahil Investments LLC
—
—
Om Grand Shopping LLC
—
Deed Of Trust
related
$80,000 · New Era Life Ins Co
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
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