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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Office buildings
38013803 Parkwood Blvd Frisco, TX 75034
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-2832193
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Total area
102,975 SF
Lot
11.29 ac (491,836 SF)
Zoning code
COMM
APN
R-4994-00A-001R-1
UPID
US82-2832193
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
$2.12M
Owner & transaction history
Orangestar Frisco I LLC · 7 yrs held
Orangestar Frisco I LLC
since 2019
7 recorded transactions
Zoning & alternative use
COMM · Frisco, 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 Frisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frisco 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
$21 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$378,045
Tax year 2022
Assessed value
$20,500,000
Assessed 2023
Previous assessed
$19,968,971
+2.7% YoY
Effective rate
1.84%
On assessed value
Assessed land
$6,393,867
Assessed improvement
$14,106,133
Land market value
$6,393,867
Improvement market value
$14,106,133
Total market value
$20,500,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Total area
102,975 SF
Lot
11.29 ac (491,836 SF)
Zoning code
COMM
APN
R-4994-00A-001R-1
UPID
US82-2832193
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
COMM · Frisco, TX
Zoning COMM · permitted uses
COMM · Frisco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frisco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
1
Lot
11.29 ac
Current owner
From public records · entity-resolved
Orangestar Frisco I LLC
Entity
Mailing address
3729 UN ST, MINERAL RIDGE, OH 44440-9004
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2019
—
Orangestar Frisco I LLC
Sdi-parkwood LLC
Grant Deed
$13,250,000 · Miscellaneous Ins Co
Dec 31, 2014
—
Sdi-parkwood LLC
Sealy Parkwood II LLC
Trustees Deed
$7,100,000 · Wells Fargo Bk
Dec 26, 2014
—
Sealy Parkwood II LLC
—
Loan Modification
related
$350,000,000 · Keybank USA
Jun 19, 2013
—
Sealy Parkwood II LLC
—
Deed Of Trust
related
$25,000,000 · Key Bank & Trust
Jan 30, 2013
—
Sealy Parkwood II LLC
—
Deed Of Trust
related
$75,000,000 · Key Bank & Trust
Nov 29, 2012
—
Sealy Parkwood II LLC
—
Deed Of Trust
related
$65,000,000 · Keybank USA
Jun 21, 2010
—
Sealy Parkwood II LLC
Sealy Parkwood LP
Quit Claim Deed
related
$5,700,000 · Iberiabank
Feb 23, 2006
—
Sealy Parkwood
—
Deed Of Trust
related
$11,600,000 · J P Morgan Chase Bank
Mar 1, 2005
—
Duke Realty
Sealy Parkwood
Grant Deed
related
—
—
—
Sealy Parkwood II LLC
—
Loan Modification
related
$185,000,000 · Keybank Nat'l Assn/edgewood
—
—
Sdi-parkwood LLC
—
Deed Of Trust
related
$8,000,000 · Miscellaneous Ins Co
—
—
Sealy Parkwood II LLC
—
Loan Modification
related
$95,000,000 · Key Bank & Trust
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.
Try Rey
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