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Property profile & analytics
OFF-MARKET
Commercial real estate
3516 Sweet Grass Dr, Aubrey, TX 76227-3373
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US83-1763173
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
14.16 ac (616,984 SF)
APN
R699079
UPID
US83-1763173
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Arun Kumar Akula · 2 yrs held
Arun Kumar Akula
since 2023
7 recorded transactions
Zoning & alternative use
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 Aubrey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aubrey 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
—
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
$38,105
Tax year 2023
Assessed value
$1,657,679
Assessed 2024
Previous assessed
$1,657,679
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$1,657,679
Land market value
$1,657,679
Total market value
$1,657,679
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
Heating
NONE
Lot
14.16 ac (616,984 SF)
APN
R699079
UPID
US83-1763173
Jurisdiction
DENTON
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
14.16 ac
Current owner
From public records · entity-resolved
Arun Kumar Akula
Individual
Mailing address
5760 LEGACY DR STE B3, PLANO, TX 75024-7103
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
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2023
—
Arun Kumar Akula
Highland Homes Dallas LLC
Venders Lien
$543,600 · Highland Homeloans LLC
Jun 28, 2023
—
Matthew Rosenzweig
Highland Homes Dallas LLC
Venders Lien
$672,576 · Highland Homeloans LLC
May 30, 2023
—
Amarjit Mondal
Highland Homes Dallas LLC
Venders Lien
$464,782 · Highland Homeloans LLC
May 25, 2023
—
Joshua Rocka
Highland Homes Dallas LLC
Venders Lien
$524,010 · Highland Homeloans LLC
May 22, 2023
—
Venkat Rama Raju Pallapu
Highland Homes Dallas LLC
Venders Lien
$548,007 · Highland Homeloans LLC
Apr 21, 2023
—
Thomas Neal Rombach
Highland Homes Dallas LLC
Venders Lien
$364,610 · Highland Homeloans LLC
Jul 15, 2021
—
Christopher Paul Nelson
Highland Homes Dallas LLC
Venders Lien
$433,248 · Highland Homeloans LLC
Jun 29, 2021
—
Jason Mark Bulauitan Lagundi
Highland Homes Dallas LLC
Venders Lien
$251,955 · Highland Homeloans LLC
Jun 28, 2021
—
Kelsey A Vogt
Highland Homes Dallas LLC
Venders Lien
$265,589 · Highland Homeloans LLC
Jun 2, 2021
—
John Francis Hake
Highland Homes Dallas LLC
Venders Lien
$336,064 · Highland Homeloans LLC
Jun 1, 2021
—
Derek Davis
Highland Homes Dallas LLC
Venders Lien
$320,402 · Paramount Residential Mortgage Grou
May 27, 2021
—
Kelley Bush
Highland Homes Dallas LLC
Venders Lien
$132,117 · Homewood Mortgage LLC
May 26, 2021
—
Stephen Charles Larbig
Highland Homes Dallas LLC
Venders Lien
$301,144 · Highland Homeloans LLC
May 24, 2021
—
Mohammed Sameer Siddiqui
Highland Homes Dallas LLC
Venders Lien
$323,895 · Highland Homeloans LLC
May 20, 2021
—
Jesse Baker
Highland Homes Dallas LLC
Venders Lien
$343,294 · Primelending
May 14, 2021
—
Jacob Thomas Geary
Highland Homes Dallas LLC
Venders Lien
$314,925 · Highland Homeloans LLC
Apr 29, 2021
—
James Wilson Glaviano
Highland Homes Dallas LLC
Venders Lien
$315,629 · Amcap Mortgage Ltd
Apr 28, 2021
—
Corena Bell Shaconie
Highland Homes Dallas LLC
Venders Lien
$306,722 · Highland Homeloans LLC
Apr 20, 2021
—
Nicole Dixon
Highland Homes Dallas LLC
Venders Lien
$324,022 · Loandepot.com LLC
Apr 6, 2021
—
Thomas Youngblood Clay
Highland Homes Dallas LLC
Venders Lien
$261,565 · Highland Homeloans LLC
Apr 1, 2021
—
Adam Michael Abruzzini
Highland Homes Dallas LLC
Venders Lien
$260,100 · Highland Homeloans LLC
Mar 31, 2021
—
Erin Nicole Gillette
Highland Homes Dallas LLC
Venders Lien
$253,317 · Highland Homeloans LLC
Mar 23, 2021
—
Lukas Joseph Tadder
Highland Homes Dallas LLC
Venders Lien
$231,358 · Highland Homeloans LLC
Mar 18, 2021
—
Keith Irving Pittman
Highland Homes Dallas LLC
Venders Lien
$302,251 · Highland Homeloans LLC
Mar 15, 2021
—
Benjamin Olivo
Highland Homes Dallas LLC
Venders Lien
$321,248 · Amcap Mortgage Ltd
Mar 4, 2021
—
Shawn Nickolus Yarnell
Highland Homes Dallas LLC
Venders Lien
$312,145 · Highland Homeloans LLC
Feb 24, 2021
—
Esther Ayeni Oluwakemi
Highland Homes Dallas LLC
Venders Lien
$314,364 · Highland Homeloans LLC
Feb 8, 2021
—
Thomas Edward Braudt
Highland Homes Dallas LLC
Venders Lien
$320,518 · Highland Homeloans LLC
Feb 1, 2021
—
Christian Micah Figueroa
Highland Homes Dallas LLC
Venders Lien
$301,355 · Highland Homeloans LLC
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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