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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office buildings
2520 Fairmount St Dallas, TX 75201-1902
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US83-2739609
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
FRAME
Total area
10,864 SF
Lot
0.34 ac (14,867 SF)
Zoning code
Z239
APN
135481000000
UPID
US83-2739609
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
-
Andrew Sadousky Physician
-
Claire Spence Dental Office
-
Dr. Morgan Mayse Dental Office
-
MINT dentistry | Uptown Physician
-
Henley & Henley PC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$550k
Owner & transaction history
Henley & Henicy P C · 9 yrs held
Henley & Henicy P C
since 2016
7 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$770,000
+135.3%
Medical building
$735,000
+125.8%
Retail stores
$700,000
+114.9%
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
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$770,000
Change: +135% · Conversion: Difficult
MEDICAL BUILDING
$735,000
Change: +126% · Conversion: Easy
RETAIL STORES
$700,000
Change: +115% · Conversion: Moderate
RESTAURANT
$695,000
Change: +113% · Conversion: Moderate
WAREHOUSE, STORAGE
$430,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$51 / 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
$90,185
Tax year 2023
Assessed value
$3,930,000
Assessed 2023
Previous assessed
$3,930,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$2,230,050
Assessed improvement
$1,699,950
Land market value
$2,230,050
Improvement market value
$1,699,950
Total market value
$3,930,000
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
1960
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
10,864 SF
Lot
0.34 ac (14,867 SF)
Zoning code
Z239
APN
135481000000
UPID
US83-2739609
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$770,000
MEDICAL BUILDING
Est. value
$735,000
RETAIL STORES
Est. value
$700,000
RESTAURANT
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$430,000
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
WAREHOUSE, STORAGE
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
1960
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Henley & Henicy P C
Individual
Mailing address
2520 FAIRMOUNT ST, DALLAS, TX 75201-1902
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2016
—
Henley & Henicy P C
2520 Fairmount LLC
Venders Lien
$2,880,000 · Independent Bank
Nov 4, 2008
—
Sba
Owner Name Unavailable
Grant Deed
related
—
Feb 22, 2007
—
Domevlo Investments LLC
Tricon Investments LP
Venders Lien
$800,000 · Zions First National Bank
Mar 7, 2003
—
Saman Basharkhah
Nachman,george J
Grant Deed
$100,000 · Texas Community Bank & Trust
Jul 2, 1998
—
Tricon Investments LP
Carmel Bts INC
Grant Deed
$728,000 · Bank One Texas NA
—
—
2520 Fairmount LLC
—
Loan Modification
related
$1,960,000 · Texas Citizens Bk NA
—
—
Domevlo Investments LLC
—
Deed Of Trust
related
$661,000 · North Texas Certified Dev Corp
—
—
2520 Fairmount LLC
—
Deed Of Trust
related
$692,000 · Texas Citizens Bk NA
—
—
Carmel Bts INC
—
Deed Of Trust
related
$50,000 · Individual
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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