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Property profile & analytics
OFF-MARKET
Estimated value
$2,510,000
Hospitals
2600 Pleasant Run Rd Lancaster, TX 75146-1114
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9107769
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1982
Construction
FRAME
Total area
94,057 SF
Lot
7.5 ac (326,700 SF)
Zoning code
Z125
APN
360679500A0010000
UPID
US82-9107769
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
-
SHRIRANG SHRIDHAR NEURGAONKAR Pediatrician Physician
-
Dr. Andre Graham Physician
-
STEPHEN R NEECE Physician
-
PAUL A SKLUZACEK Physician Medical Clinic
-
ANITHA BYREDDY Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.51M
Owner & transaction history
Asp Real Estate INC · 5 yrs held
Asp Real Estate INC
since 2021
7 recorded transactions
Zoning & alternative use
Z125 · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$27 / 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
$173,147
Tax year 2023
Assessed value
$7,181,700
Assessed 2023
Previous assessed
$7,181,700
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$868,780
Assessed improvement
$6,312,920
Land market value
$868,780
Improvement market value
$6,312,920
Total market value
$7,181,700
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
3
Units
90
Total area
94,057 SF
Lot
7.5 ac (326,700 SF)
Zoning code
Z125
APN
360679500A0010000
UPID
US82-9107769
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z125 · Lancaster, TX
Zoning Z125 · permitted uses
Z125 · Lancaster, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
3
Units
90
Lot
7.5 ac
Current owner
From public records · entity-resolved
Asp Real Estate INC
Entity
Mailing address
13988 DIPLOMAT DR, FARMERS BRANCH, TX 75234-8807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
—
Asp Real Estate INC
—
Deed
related
$2,594,395 · Truist Bank
Jan 25, 2021
—
Asp Real Estate INC
R & K Healthcare R/e LLC
Correction Deed
related
—
Aug 17, 2020
—
A & R Realestate LLC
—
Deed
related
$2,180,100 · Truist Bk
Aug 21, 2019
—
Asp Real Estate INC
—
Deed
related
$1,500,000 · Branch Bk&tr
Jul 3, 2019
—
Asp Real Estate INC
—
Deed
related
$434,095 · Branch Bk&tr
May 1, 2019
—
Asp Real Estate INC
—
Grant Deed
related
$2,000,000 · Branch Bk&tr
Sep 11, 2018
—
Asp Real Estate INC
R & K Healthcare R/e LLC
Grant Deed
$3,050,712 · Khalid Mahmood
Oct 1, 2013
—
R & K Healthcare R & E LLC
Crescent Hosp Equipment LLC
Warranty Deed
$5,000,000 · Wallis St Bk
Aug 13, 2013
—
R & K Healthcare R & E LLC
—
Trustees Deed
related
$1,000,000 · Wallis St Bk
Jul 16, 2013
—
Crescent Hosp Equipment LLC
R & K Healthcare R/e LLC
Warranty Deed
related
—
Feb 13, 2013
—
Hcp Lancaster Mob LLC
Merit Lancaster LP
Grant Deed
related
—
Oct 29, 2012
—
R & K Healthcare Real Estate LLC
Independent Hospital Partners LP
Special Warranty Deed
$2,122,355 · Wallis State Bank
Nov 1, 2010
—
Independent Hospital Ptrs LP
Franchise Portfolio 1 INC
Grant Deed
$550,000 · United Ctrl Bk/dallas Cnty
Aug 4, 2009
$1,000,000
Franchise Portfolio 1 INC
Kimball Eric W
Trustees Deed
—
Nov 15, 2004
—
Merit Lancaster
Lancaster General Hospital INC
Quit Claim Deed
related
$6,000,000 · Healthcare Busn Cr
Nov 10, 2004
—
Merit Lancaster Ltd Ptshp
Owner Name Unavailable
Grant Deed
related
—
—
—
A & R Realestate LLC
—
Deed Of Trust
related
$2,180,100 · Truist Bk
—
—
Abdul Hameed
—
Deed Of Trust
related
$3,050,712 · Khalid Mahmood
—
—
R & K Healthcare R & E LLC
—
Loan Modification
related
$2,114,661 · Wallis St Bk
—
—
Asp Real Estate INC
—
Deed Of Trust
related
$1,500,000 · Branch Bk&tr
—
—
Asp Real Estate INC
—
Deed Of Trust
related
$434,095 · Branch Bk&tr
—
—
A & R Realestate LLC
—
Deed Of Trust
related
$2,000,000 · Branch Bk&tr
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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