Individually Owned Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1948
Construction
FRAME
Total area
57,600 SF
Lot
0.49 ac (21,166 SF)
Zoning code
Z239
APN
129448000000
UPID
US82-3621254
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Theater & Performing Art Venue
-
Property Management Company Apartment Complex
-
Consultant
-
Architecture Firm
-
Photography Service (Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.05M
Comparable Approach
Comparable
$4.24M
Blend (final)
Blend
$4.65M
Owner & transaction history
since 2010
3 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Top alternative use upside
Auto repair, garage
$6.7M
+108.2%
Retail stores
$5.8M
+79.1%
Office building
$4.6M
+42.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.65M
Value range
$4.18M – $5.11M
±10% around blend
Estimated value / SF
$81 / SF
Confidence
Property data
100
Comparable evidence
60
$4.18M
blend $4.65M
$5.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
57,600 SF
Lot area
0.49 ac
Year built
1948
Stories
6
APN
129448000000
Zoning
Z239
Assessed value
$6,000,000
Annual tax
$137,687
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.05M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.48M
@ 6.5% CAP return
$5.05M
@ 7% CAP return
$4.69M
4
Sales comparison
Partial preview
Sales approach indication
$4.24M
Range $1.84M – $4.52M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.65M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+108%
vs current-use indication
Retail Stores
Office Building
Neighborhood: Shopping Center
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.00M
Move the market yield to see immediate price impact.
Value / SF
$104
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$378k
$7.56M
$5.40M
$4.20M
$420k
$8.40M
$6.00M
$4.67M
$462k
$9.24M
$6.60M
$5.13M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$137,687
Tax year 2023
Assessed value
$6,000,000
Assessed 2023
Previous assessed
$6,000,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$952,470
Assessed improvement
$5,047,530
Land market value
$952,470
Improvement market value
$5,047,530
Total market value
$6,000,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1948
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
6
Units
37
Total area
57,600 SF
Lot
0.49 ac (21,166 SF)
Zoning code
Z239
APN
129448000000
UPID
US82-3621254
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TXZoning Z239 · permitted uses
Z239 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
6
Buildings
2
Units
37
Lot
0.49 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
Z239
Jurisdiction
Dallas, TX
Recorded code
Z239
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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