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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Commercial real estate
3450 Frst Ln, Dallas, TX 75234-7714
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3248535
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
11,674 SF
Lot
0.76 ac (33,240 SF)
Zoning code
Z200
APN
644500000010000
UPID
US82-3248535
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
-
Sethuraman Venkat MD Physician
-
Spine Physicians Institute Medical Clinic
-
PT Solutions of North Dallas Medical Clinic
-
Dr. Daniel Cho Dental Office
-
DFW Concierge MD Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.27M
Owner & transaction history
Ns Holdings · 6 yrs held
Ns Holdings
since 2019
7 recorded transactions
Zoning & alternative use
Z200 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+120.0%
Auto repair, garage
$1.4M
+69.0%
Office building
$930,000
+15.1%
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
COMMERCIAL (GENERAL)
$805,000
Current use
RESTAURANT
$1,775,000
Change: +120% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,360,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$930,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$790,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±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
$108 / 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
$41,203
Tax year 2023
Assessed value
$1,751,200
Assessed 2023
Previous assessed
$1,751,100
+0.0% YoY
Effective rate
2.35%
On assessed value
Total market value
$1,751,200
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
11,674 SF
Lot
0.76 ac (33,240 SF)
Zoning code
Z200
APN
644500000010000
UPID
US82-3248535
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z200 · Dallas, TX
Zoning Z200 · permitted uses
Z200 · 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
COMMERCIAL (GENERAL) Current
Est. value
$805,000
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$930,000
MEDICAL BUILDING
Est. value
$790,000
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Ns Holdings
Entity
Mailing address
6037 MDW RD, DALLAS, TX 75230-5056
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
—
Ns Holdings
Golden Key Group LLC
Grant Deed
related
—
Dec 28, 2016
—
Golden Key Group LLC
Squire Abadia Properties LLC
Special Warranty Deed
$1,360,000 · Noah Bank
Nov 23, 2015
—
Squire Abadia Properties LLC
Ad Commercial LP
Special Warranty Deed
$714,400 · Preston National Bank
Aug 2, 2012
—
Ad Commercial Group LP
Marlene Nobles
Venders Lien
$467,500 · Jpmorgan Chase Bank NA
Mar 8, 2012
$385,623
Staton William F Living Trust
Bailey Paul L
Trustees Deed
related
—
Aug 10, 2005
—
Florence Urevbu
Staton,william F
Grant Deed
$447,000 · Staton William F Trust (tr)
Oct 12, 2004
—
3452 Forest Lane Associates
Davis Michael E
Grant Deed
related
—
—
—
Florence Urevbu
—
Deed Of Trust
related
$71,386 · Propel Financial Services
—
—
William F Staton
—
Deed Of Trust
related
$39,600 · Bank Of Desoto NA
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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