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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Grocery and convenience stores
4101 Wheatland Rd Dallas, TX 75237-4070
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1120502
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1985
Construction
TILT-UP CONCRETE
Total area
58,940 SF
Lot
5.38 ac (234,514 SF)
Zoning code
Z150
APN
0075440B0001A0000
UPID
US82-1120502
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
-
Joe V's Smart Shop Bakery Specialty Food Shop
-
ALPA Insurance Insurance Agency
-
First Convenience Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.03M
Owner & transaction history
901 Polk Street Associates LLC · 11 yrs held
901 Polk Street Associates LLC
since 2014
6 recorded transactions
Zoning & alternative use
Z150 · Dallas, 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 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
$1,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$17 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$41,956
Tax year 2024
Assessed value
$1,775,000
Assessed 2024
Previous assessed
$1,775,000
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$703,540
Assessed improvement
$1,071,460
Land market value
$703,540
Improvement market value
$1,071,460
Total market value
$1,775,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
58,940 SF
Lot
5.38 ac (234,514 SF)
Zoning code
Z150
APN
0075440B0001A0000
UPID
US82-1120502
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z150 · Dallas, TX
Zoning Z150 · permitted uses
Z150 · 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.
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.38 ac
Current owner
From public records · entity-resolved
901 Polk Street Associates LLC
Entity
Free & Clear · 11 yrs held
Mailing address
646 S FLORES ST, SAN ANTONIO, TX 78204-1219
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
—
901 Polk Street Associates
—
Deed
related
$4,565,000 · Third Coast Bk Ssb
Oct 29, 2014
—
901 Polk Street Associates LLC
1027 Wilshire Associates LLC
Grant Deed
—
Apr 19, 2007
—
1027 Wilshire Associates LLC
Nhi Tx Owner
Grant Deed
related
—
Jun 29, 2006
—
Nhi Tx Owner LP
Nhi Investment Partners LP
Warranty Deed
$1,689,279 · Greenwich Capital Financial Product
Aug 27, 2004
—
Albertsons INC
Albertsons INC Execut Trust
Quit Claim Deed
related
—
—
—
901 Polk Street Associates
—
Deed Of Trust
related
$4,565,000 · Third Coast Bk Ssb
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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