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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Golf courses & driving ranges
2525 Honors Clb Dr Carrollton, TX 75006-5505
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US82-4041870
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
1955
Construction
FRAME
Total area
27,386 SF
Lot
0 ac (213 SF)
Zoning code
Z123
APN
14017050010010000
UPID
US82-4041870
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
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$965k
Owner & transaction history
Ma Columbian LLC · 12 yrs held
Ma Columbian LLC
since 2013
7 recorded transactions
Zoning & alternative use
Z123 · Carrollton, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+57.2%
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
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$700,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,105,000
Change: +57% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$35 / 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
$113,776
Tax year 2023
Assessed value
$5,463,160
Assessed 2023
Previous assessed
$5,463,160
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$4,123,640
Assessed improvement
$1,339,520
Land market value
$4,123,640
Improvement market value
$1,339,520
Total market value
$5,463,160
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
27,386 SF
Lot
0 ac (213 SF)
Zoning code
Z123
APN
14017050010010000
UPID
US82-4041870
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z123 · Carrollton, TX
Zoning Z123 · permitted uses
Z123 · 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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$700,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RECREATIONAL/ENTERTAINMENT (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
1955
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0 ac
Current owner
From public records · entity-resolved
Ma Columbian LLC
Entity
Mailing address
5910 N CENTRAL EXPY STE #1350, DALLAS, TX 75206-5194
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2020
—
Ma Columbian LLC
—
Deed
related
$6,706,829 · Veritex Cmnty Bk
Jul 9, 2020
—
Ma Columbian Operating LLC
—
Deed
related
$6,706,829 · Veritex Cmnty Bk
May 27, 2020
—
Ma Columbian LLC
—
Deed
related
$11,000,000 · Veritex Cmnty Bk
Nov 9, 2017
—
Ma Columbian LLC
—
Deed
related
$13,000,000 · Veritex Cmnty Bk
Feb 22, 2017
—
Ma Columbian LLC
—
Loan Modification
related
$13,000,000 · Veritex Cmnty Bk
Dec 31, 2013
—
Ma Columbian LLC
Honors Golf Club Dallas
Grant Deed
—
Apr 6, 2009
—
Golf Club Dallas Honors
—
Trustees Deed
related
$1,000,000 · Preston National Bank
—
—
Ma Columbian LLC
—
Deed Of Trust
related
$11,000,000 · Veritex Cmnty Bk
—
—
Golf Club Dallas Honors
—
Deed Of Trust
related
$7,000,000 · Hgc Funding Partners
—
—
Ma Columbian Operating LLC
—
Loan Modification
related
$6,706,829 · Veritex Cmnty Bk
—
—
Ma Columbian LLC
—
Deed Of Trust
related
$11,000,000 · Veritex Cmnty Bk
—
—
Golf Club Dallas Honors
—
Loan Modification
related
$172,140 · Ma Columbian LLC
—
—
Golf Club Dallas Honors
—
Loan Modification
related
$6,463,381 · Ma Columbian LLC
—
—
Ma Columbian LLC
—
Loan Modification
related
$13,000,000 · Veritex Cmnty Bk
—
—
Ma Columbian LLC
—
Loan Modification
related
$7,703,190 · Veritex Cmnty Bk
—
—
Ma Columbian LLC
—
Loan Modification
related
$6,706,829 · Veritex Cmnty Bk
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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