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Property profile & analytics
OFF-MARKET
Estimated value
$24,730,000
Apartment buildings
390 Oakenwald St Dallas, TX 75203-1272
Entity Owned
11-yr Hold
Free & Clear
Property ID
US82-5970096
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2011
Construction
TILT-UP CONCRETE
Total area
226,477 SF
Lot
2.85 ac (124,190 SF)
Zoning code
Z239
APN
003414000A01A0000
UPID
US82-5970096
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
-
Ayala Debt Management LLC Financial Advisor
-
Zang Triangle Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.27M
Blend (final)
Blend
$24.73M
Owner & transaction history
Vr Zang Triangle Holdings LP · 11 yrs held
Vr Zang Triangle Holdings LP
since 2014
4 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$40.3M
+195.8%
Retail stores
$34.2M
+150.6%
Restaurant
$31.8M
+133.5%
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)
$40,330,000
Change: +196% · Conversion: Moderate
RETAIL STORES
$34,175,000
Change: +151% · Conversion: Difficult
RESTAURANT
$31,840,000
Change: +133% · Conversion: Difficult
AUTO REPAIR, GARAGE
$26,415,000
Change: +94% · Conversion: Difficult
WAREHOUSE, STORAGE
$18,265,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$18,145,000
Change: +33% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$16,010,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$24.73M
Range $22.26M – $27.20M · ±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
$109 / 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
$992,493
Tax year 2023
Assessed value
$43,250,000
Assessed 2023
Previous assessed
$43,250,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$4,222,460
Assessed improvement
$39,027,540
Land market value
$4,222,460
Improvement market value
$39,027,540
Total market value
$43,250,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2011
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
4
Units
260
Total area
226,477 SF
Lot
2.85 ac (124,190 SF)
Zoning code
Z239
APN
003414000A01A0000
UPID
US82-5970096
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · 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)
Est. value
$40.3M
RETAIL STORES
Est. value
$34.2M
RESTAURANT
Est. value
$31.8M
AUTO REPAIR, GARAGE
Est. value
$26.4M
WAREHOUSE, STORAGE
Est. value
$18.3M
OFFICE BUILDING
Est. value
$18.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.0M
COMMERCIAL (GENERAL)
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2011
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
2
Units
260
Lot
2.85 ac
Current owner
From public records · entity-resolved
Vr Zang Triangle Holdings LP
Entity
Free & Clear · 11 yrs held
Mailing address
1725 16TH AVE RICHMOND HL 4TH 4TH ON STE 201ST XX
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2014
—
Vr Zang Triangle Holdings LP
Zang Triangle LLC
Quit Claim Deed
related
—
Jul 6, 2010
—
Zang Triangle LLC
Zang Dev LLC
Quit Claim Deed
related
—
Feb 18, 2010
—
Zang Dev LLC
—
Loan Modification
related
$2,335,944 · Benchmark Bk
—
—
Vr Zang Triangle Holdings LP
—
Deed Of Trust
related
$23,530,600 · Centennial Mtg
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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