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Property profile & analytics
OFF-MARKET
Estimated value
$4,445,000
Distribution centers
3100 State Hwy 161 Grand Prairie, TX 75050-3028
Entity Owned
3-yr Hold
Free & Clear
Property ID
US83-0104446
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2016
Construction
TILT-UP CONCRETE
Total area
266,060 SF
Lot
14.91 ac (649,480 SF)
Zoning code
Z236
APN
28221320010010000
UPID
US83-0104446
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
-
Mama Lycha Big Box & Wholesale Store Food Market
-
Cintas FAS 79J Corporate Office
-
Scooter’s Coffee Distribution & Harvest Roasting Distribution Center Logistics Company
-
Cintas First Aid & Safety Building Supply General Contractor
-
Daikin Comfort Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.45M
Owner & transaction history
3100 State Highway 161 LLC · 3 yrs held
3100 State Highway 161 LLC
since 2023
4 recorded transactions
Zoning & alternative use
Z236 · Grand Prairie, 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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$17 / 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
$408,824
Tax year 2023
Assessed value
$17,772,650
Assessed 2023
Previous assessed
$17,772,650
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$2,597,920
Assessed improvement
$15,174,730
Land market value
$2,597,920
Improvement market value
$15,174,730
Total market value
$17,772,650
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2016
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
PARTIAL
Stories
1
Total area
266,060 SF
Lot
14.91 ac (649,480 SF)
Zoning code
Z236
APN
28221320010010000
UPID
US83-0104446
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Grand Prairie, TX
Zoning Z236 · permitted uses
Z236 · Grand Prairie, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Prairie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
Yes
Stories
1
Lot
14.91 ac
Current owner
From public records · entity-resolved
3100 State Highway 161 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
13727 NOEL RD STE #750, DALLAS, TX 75240-1367
Ownership since
2023
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
Jul 6, 2023
—
3100 State Highway 161 LLC
Colfin 2017 14 Industrial Owner LLC
Special Warranty Deed
—
Feb 7, 2022
—
Colfin 2017 14 Industrial Owner LLC
—
Deed
related
$263,000,000 · Citi Real Estate Funding INC
Dec 17, 2019
—
Colfin 2017 14 Industrial Owner LLC
—
Deed
related
—
Dec 18, 2017
—
Colfin 2017-14 Indl Owner LLC
Soho Of Somervell Trinity LP
Grant Deed
—
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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