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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
3539 Dividend Dr Garland, TX 75042-7607
Entity Owned
14-yr Hold
Free & Clear
Property ID
US83-0020412
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1971
Construction
TILT-UP CONCRETE
Total area
28,800 SF
Lot
1.58 ac (68,738 SF)
Zoning code
Z144
APN
26226500010340000
UPID
US83-0020412
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
-
Dependable Mini Storage Storage Facility
-
Garland Neighborhood Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$640k
Owner & transaction history
Fsbam I LLC · 14 yrs held
Fsbam I LLC
since 2011
6 recorded transactions
Zoning & alternative use
Z144 · Garland, 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 Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland 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
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$22 / 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
$15,766
Tax year 2023
Assessed value
$689,000
Assessed 2023
Previous assessed
$689,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$618,670
Assessed improvement
$70,330
Land market value
$618,670
Improvement market value
$70,330
Total market value
$689,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
250
Total area
28,800 SF
Lot
1.58 ac (68,738 SF)
Zoning code
Z144
APN
26226500010340000
UPID
US83-0020412
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z144 · Garland, TX
Zoning Z144 · permitted uses
Z144 · Garland, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
250
Lot
1.58 ac
Current owner
From public records · entity-resolved
Fsbam I LLC
Entity
Free & Clear · 14 yrs held
Mailing address
3539 DIVIDEND DR STE #220, GARLAND, TX 75042-7607
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2011
—
Fsbam I LLC
Workspace Office Warehouses LP
Grant Deed
related
—
Feb 18, 2005
—
Yong Wah Dev-texas
Red Oak Mini
Trustees Deed
related
—
Jul 8, 2004
—
Oak Mini Red
—
Trustees Deed
related
$1,174,360 · Yong Wah Dev-texas LP
—
—
Workspace Office Warehouses LP
—
Deed Of Trust
related
$10,310 · Texas Land Fin Co II
—
—
Workspace Office Warehouses LP
—
Deed Of Trust
related
$7,409 · Texas Land Fin Co II
—
—
Workspace Office Warehouses LP
—
Deed Of Trust
related
$41,132 · Texas Land Finance Co II
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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