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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Turn key restaurants
350 Fm 1382, Cedar Hill, TX 75104-6024
Individually Owned
4-yr Hold
Free & Clear
Property ID
US83-4072664
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2001
Construction
FRAME
Total area
4,800 SF
Lot
1.05 ac (45,738 SF)
Zoning code
Z137
APN
16036450000050000
UPID
US83-4072664
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
-
OTB-0253 Cedar Hill Restaurant
-
On The Border Mexican Grill & Cantina Restaurant
-
David's Seafood Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$655k
Owner & transaction history
Herbert Katz Nolan · 4 yrs held
Herbert Katz Nolan
since 2021
7 recorded transactions
Zoning & alternative use
Z137 · Cedar Hill, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$855,000
+29.6%
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 Cedar Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Hill 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
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$660,000
Current use
COMMERCIAL (GENERAL)
$855,000
Change: +30% · Conversion: Easy
OFFICE BUILDING
$615,000
Change: -7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$565,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$136 / 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
$80,330
Tax year 2023
Assessed value
$3,456,000
Assessed 2023
Previous assessed
$3,456,000
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$640,330
Assessed improvement
$2,815,670
Land market value
$640,330
Improvement market value
$2,815,670
Total market value
$3,456,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,800 SF
Lot
1.05 ac (45,738 SF)
Zoning code
Z137
APN
16036450000050000
UPID
US83-4072664
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z137 · Cedar Hill, TX
Zoning Z137 · permitted uses
Z137 · Cedar Hill, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cedar Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$855,000
OFFICE BUILDING
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$565,000
RESTAURANT Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2001
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Herbert Katz Nolan
Individual
Free & Clear · 4 yrs held
Mailing address
1030 SILVER HL RD, REDWOOD CITY, CA 94061-1817
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
—
Herbert Katz Nolan
Ta Fm 1382 LLC
Special Warranty Deed
—
Jun 24, 2020
—
Ta Fm 1382 LLC
—
Deed
related
$1,566,927 · Prosperity Bk
Apr 3, 2017
—
Ta Fm 1382 LLC
Abdulla Cedar Hill LP
Grant Deed
$1,640,000 · Legacy Bk/tx
Jan 12, 2017
—
Abdulla Cedar Hill LP
Offices Of Cimarron Trails Gp INC
Warranty Deed
related
—
Oct 3, 2014
—
Abdulla Cedar Hill LP
Abdulla,iskander & Sultana
Quit Claim Deed
related
—
Sep 11, 2014
—
Abdulla Cedar Hill LP
Abdulla,iskander & Sultana
Quit Claim Deed
related
—
Jun 6, 2005
—
Iskander Abdulla
Cmn Plaza Cedar Hill Ltd
Grant Deed
$1,000,000 · Cmn Plaza Cedar Hill Ltd
—
—
Abdulla Cedar Hill LP
—
Deed Of Trust
related
$890,000 · Cathay Bk
—
—
Ta Fm 1382 LLC
—
Loan Modification
related
$1,566,927 · Prosperity Bk
—
—
Cmn Plaza Cedar Hill Ltd
—
Deed Of Trust
related
$1,000,000 · Allen & Pete Investments Ltd
—
—
Iskander Abdulla
—
Deed Of Trust
related
$1,100,000 · Cathay Bank
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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