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Property profile & analytics
FOR LEASE
Apartment buildings
300 North Akard St Dallas, TX 75201
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-0272842
For Lease
1 / 3
$4,405,000
300 North Akard St, Dallas, TX 75201
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
STEEL FRAME
Total area
442,545 SF
Lot
1.2 ac (52,272 SF)
Zoning code
Z21
APN
000233000001A0000
UPID
US82-0272842
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
-
Primo Tacos and Hot Dogs Restaurant
-
Star Vocal Studio & Performing Arts Tutoring Service Theater & Performing Art Venue
-
Venerable Legacy CPR Training Center
-
Kimberly Mosley Physician Medical Clinic
-
Luxury Car Rentals Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.41M
Owner & transaction history
Amfp Vi Mosaic Dallas LLC · 3 yrs held
Amfp Vi Mosaic Dallas LLC
since 2022
7 recorded transactions
Zoning & alternative use
Z21 · Dallas, 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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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)
$7,335,000
Current use
Blend value · Realmo final
$4.41M
Range $3.96M – $4.85M · ±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
$10 / 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
$2,180,042
Tax year 2023
Assessed value
$95,000,000
Assessed 2023
Previous assessed
$95,000,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$5,748,930
Assessed improvement
$89,251,070
Land market value
$5,748,930
Improvement market value
$89,251,070
Total market value
$95,000,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Lease
Year built
1960
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
24
Units
440
Total area
442,545 SF
Lot
1.2 ac (52,272 SF)
Zoning code
Z21
APN
000233000001A0000
UPID
US82-0272842
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z21 · Dallas, TX
Zoning Z21 · permitted uses
Z21 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1960
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
24
Buildings
4
Units
440
Lot
1.2 ac
Current owner
From public records · entity-resolved
Amfp Vi Mosaic Dallas LLC
Entity
Mailing address
100 PARK AVE #3500, NEW YORK, NY 10017-5516
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2022
—
Amfp Vi Mosaic Dallas LLC
Ww Mosaic Dallas LLC
Special Warranty Deed
—
Nov 19, 2014
—
Ww Mosaic Dallas LLC
Wlk Mosaic Owner LP
Grant Deed
$57,000,000 · Holliday Fenoglio Fowler
May 6, 2013
—
Wlk Mosaic Owner LP
—
Deed Of Trust
related
$50,000,000 · Bank Of America
Aug 6, 2010
—
Wlk Mosaic Owner LP
Prudential Coml Prop Holding
Grant Deed
$36,500,000 · Prudential Insurance Co
May 4, 2010
$48,500,000
Coml Prop Holding Prudential
Roberts Kim A
Trustees Deed
—
Apr 12, 2004
—
Fidelity Hamilton
Txu Business Services
Grant Deed
$75,000 · Txu Business Services Co
—
—
Ww Mosaic Dallas LLC
—
Deed Of Trust
related
$11,381,000 · Holliday Fenoglio Fowler
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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