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Property profile & analytics
OFF-MARKET
Assisted living facilities
2815 Medlin Dr, Arlington, TX 76015-2329
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US83-3361647
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1993
Total area
23,746 SF
Lot
2.34 ac (101,930 SF)
APN
28060--97
UPID
US83-3361647
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
-
Meadow View Assisted Living Nursing Home Retirement Community
-
heminyx Clothing Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Meadow View Ltc Land LLC · 10 yrs held
Meadow View Ltc Land LLC
since 2016
7 recorded transactions
Zoning & alternative use
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
—
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
$47,772
Tax year 2023
Assessed value
$2,165,000
Assessed 2024
Previous assessed
$2,165,000
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$489,264
Assessed improvement
$1,675,736
Land market value
$489,264
Improvement market value
$1,675,736
Total market value
$2,165,000
Applied tax rate
224.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1993
Heating
NONE
Stories
1
Total area
23,746 SF
Lot
2.34 ac (101,930 SF)
APN
28060--97
UPID
US83-3361647
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, 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
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Stories
1
Lot
2.34 ac
Current owner
From public records · entity-resolved
Meadow View Ltc Land LLC
Entity
Mailing address
1518 LEGACY DR STE #110, FRISCO, TX 75034-6047
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2016
—
Meadow View Ltc Land LLC
—
Deed
related
$2,446,465 · Valliance Bk
Jun 7, 2016
—
Meadow View Ltc Land LLC
Hta Senior Care Poftfolio 1 LLC
Special Warranty Deed
$2,248,000 · Texas Bank And Trust Co
Apr 8, 2008
—
G & E Healthcare Reit Senior C
Hcp Swltc Tx 2008 LLC
Grant Deed
$24,800,000 · Red Mortgage Capital INC
Apr 2, 2008
—
Hcp Swltc Tx 2008 LLC
Texas Hcp Holding
Quit Claim Deed
related
—
Jul 10, 2006
—
Texas Hcp Holding
Southwest Ltc-meadow View Ltd
Grant Deed
—
Jun 5, 2006
—
Senior Living Acquisit Capital
Covenant Place Of Arlington INC
Warranty Deed
related
—
—
—
Meadow View Ltc Land LLC
—
Deed Of Trust
related
$963,988 · Valliance Bk
—
—
Meadow View Ltc Land LLC
—
Deed Of Trust
related
$2,446,465 · Valliance 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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