Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
401 College St Grand Prairie, TX 75050-5638
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-2748585
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1930
Construction
FRAME
Total area
3,400 SF
Lot
0.31 ac (13,350 SF)
Zoning code
Z415
APN
28219500090050000
UPID
US82-2748585
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
-
Salcedo Group Inc. Surveyor Civil Engineer
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
Salcedo Group INC · 7 yrs held
Salcedo Group INC
since 2019
5 recorded transactions
Zoning & alternative use
Z415 · Grand Prairie, 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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$11,606
Tax year 2023
Assessed value
$504,550
Assessed 2023
Previous assessed
$504,550
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$40,050
Assessed improvement
$464,500
Land market value
$40,050
Improvement market value
$464,500
Total market value
$504,550
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
3,400 SF
Lot
0.31 ac (13,350 SF)
Zoning code
Z415
APN
28219500090050000
UPID
US82-2748585
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z415 · Grand Prairie, TXZoning Z415 · permitted uses
Z415 · Grand Prairie, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Salcedo Group INC
Entity
Mailing address
401 COLLEGE ST, GRAND PRAIRIE, TX 75050-5638
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2019
—
Salcedo Group INC
United Residential Group LLC
Grant Deed
$425,000 · Grand Bk/tx
Sep 7, 2018
—
United Residl Mtg LLC
—
Deed
related
$264,000 · Austin Cnty St Bk
Jun 16, 2017
—
United Residential Group LLC
Bancroft Real Estate LLC
Warranty Deed
$264,000 · Austin Cnty St Bk
Apr 15, 2016
—
Bancroft Real Estate LLC
Dell,charles R & Virginia
Warranty Deed
related
—
—
—
United Residl Mtg LLC
—
Loan Modification
related
$264,000 · Austin Cnty St Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 401 College St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
