Individually Owned Property summary
This exceptional investment opportunity features a 3,043 square-foot Dairy Queen in Red Oak, Texas, situated on a 1.035-acre lot. Built in 2011, this free-standing, single-tenant property boasts a strong 13.7 years remaining on a 20-year absolute NNN lease with a franchisee tenant. The lease includes 10% rent bumps every five years, providing significant long-term growth potential. The property generates a substantial net operating income (NOI) of $154,722 annually, resulting in a compelling… 6.75% cap rate. Located on a high-traffic exit ramp off Interstate 35, this Dairy Queen benefits from excellent visibility and accessibility, surrounded by major national retailers including Walmart, Walgreens, Dollar General, CVS, Brookshire's, Taco Bell, Whataburger, Denny's, and Panda Express. The property's prime location and strong tenant history make it an attractive investment with three five-year lease options, extending the potential lease term to 28 years. The asking price is $2,293,255, offering a price per square foot of $753.62. This fee-simple ownership presents a rare opportunity to acquire a well-established, high-performing asset in a thriving Texas market. The property is zoned commercial and enjoys 100% occupancy.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2018
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,043 SF
- Lot area
- 1.02 ac
- Year built
- 2011
- APN
- 72.3183.901.005.00.111
- Assessed value · 2023
- $1,734,510
- Annual tax · 2018
- $26,603
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
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