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Property profile & analytics
OFF-MARKET
Estimated value
$13,010,000
Apartment buildings
2830 Dairy Rd Garland, TX 75041-2847
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0180578
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1983
Construction
FRAME
Total area
119,397 SF
Lot
7.41 ac (322,954 SF)
Zoning code
Z160
APN
26175500010020000
UPID
US82-0180578
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
by Request
Comparable Approach
Comparable
$10.39M
Blend (final)
Blend
$13.01M
Owner & transaction history
Husin Chandra · 20 yrs held
Husin Chandra
since 2005
2 recorded transactions
Zoning & alternative use
Z160 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.9M
+107.9%
Auto repair, garage
$14.9M
+83.1%
Medical building
$10.6M
+29.5%
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 Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,150,000
Current use
RESTAURANT
$16,945,000
Change: +108% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,930,000
Change: +83% · Conversion: Difficult
MEDICAL BUILDING
$10,555,000
Change: +29% · Conversion: Moderate
OFFICE BUILDING
$10,480,000
Change: +29% · Conversion: Moderate
RETAIL STORES
$10,190,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$13.01M
Range $11.71M – $14.31M · ±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
$109 / 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
$403,838
Tax year 2023
Assessed value
$17,648,780
Assessed 2023
Previous assessed
$17,648,780
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$968,870
Assessed improvement
$16,679,910
Land market value
$968,870
Improvement market value
$16,679,910
Total market value
$17,648,780
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
134
Total area
119,397 SF
Lot
7.41 ac (322,954 SF)
Zoning code
Z160
APN
26175500010020000
UPID
US82-0180578
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z160 · Garland, TXZoning Z160 · permitted uses
Z160 · Garland, TX
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$8.2M
RESTAURANT
Est. value
$16.9M
AUTO REPAIR, GARAGE
Est. value
$14.9M
MEDICAL BUILDING
Est. value
$10.6M
OFFICE BUILDING
Est. value
$10.5M
RETAIL STORES
Est. value
$10.2M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1983
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
134
Lot
7.41 ac
Current owner
From public records · entity-resolved
Husin Chandra
Individual
Free & Clear · 20 yrs held
Mailing address
1200 BRICKELL AVE STE #1650, MIAMI, FL 33131-4100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2005
—
Husin Chandra
Wembley Centerville Ptrs
Grant Deed
related
—
—
—
Broadway Manor LP
—
Deed Of Trust
related
$3,500,000 · Pw Funding INC
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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