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Property profile & analytics
OFF-MARKET
Estimated value
$4,435,000
Commercial real estate
2550 Bobcat Blvd Trophy Club, TX 76262-5134
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-1854754
Property summary
AI-generated overview
Wonderland Plaza, a 21,970 square foot retail neighborhood center, presents a fantastic opportunity in Trophy Club, Texas. Built in 2017, this single-building property sits on a 2.28-acre lot at 2550 Bobcat Blvd, zip code 76262. Currently, one retail space is available, offering 2,074 square feet of contiguous space – ideal for a variety of businesses. The minimum divisible space is also 2,074 square feet, ensuring a flexible layout for potential tenants. Located in Denton County, this property benefits from its prime location within the thriving Trophy Club community. The modern construction and ample space make this an attractive option for businesses seeking a well-maintained and conveniently located retail space. The property's strategic placement offers excellent visibility and accessibility, promising strong foot traffic and potential for growth. This is a rare opportunity to secure a well-positioned retail space in a desirable Texas market. Contact us today to learn more about this exceptional property and its potential.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
19,646 SF
Lot
2.28 ac (99,317 SF)
APN
R660574
UPID
US83-1854754
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
by Request
CAP Approach
CAP
$4.08M
Comparable Approach
Comparable
$4.79M
Blend (final)
Blend
$4.44M
Owner & transaction history
Wonderland Plaza LLC · 5 yrs held
Wonderland Plaza LLC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.5M
+21.3%
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 Trophy Club submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trophy Club 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,420,000
6.5%
$4,080,000
7%
$3,790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,920,000
Current use
OFFICE BUILDING
$3,545,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$4.44M
Range $3.99M – $4.88M · ±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
$226 / 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
$99,381
Tax year 2023
Assessed value
$5,400,000
Assessed 2024
Previous assessed
$5,650,000
-4.4% YoY
Effective rate
1.84%
On assessed value
Assessed land
$893,851
Assessed improvement
$4,506,149
Land market value
$893,851
Improvement market value
$4,506,149
Total market value
$5,400,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2016
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
19,646 SF
Lot
2.28 ac (99,317 SF)
APN
R660574
UPID
US83-1854754
Jurisdiction
DENTON
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
COMMERCIAL (GENERAL) Current
Est. value
$2.9M
OFFICE BUILDING
Est. value
$3.5M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
2016
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.28 ac
Current owner
From public records · entity-resolved
Wonderland Plaza LLC
Entity
Mailing address
8600 RIVIERA CT, FLOWER MOUND, TX 75022-6529
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2020
—
Wonderland Plaza LLC
—
Deed
related
$3,269,700 · Texas Bk
Dec 27, 2017
—
Wonderland Plaza LLC
—
Deed
related
$2,985,356 · Happy Sts Bk
—
—
Wonderland Plaza LLC
—
Deed Of Trust
related
$2,985,356 · Happy Sts Bk
—
—
Wonderland Plaza LLC
—
Deed Of Trust
related
$3,269,700 · Texas 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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