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Property profile & analytics
OFF-MARKET
Office buildings
423 Metro Park Dr Mckinney, TX 75071-1828
Entity Owned
~
Est. High Equity
Property ID
US83-3439389
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
3,441 SF
Lot
0.41 ac (17,999 SF)
Zoning code
ML
APN
R-1418-002-0040-1
UPID
US83-3439389
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
-
Kelly Boys Inc. Construction Company
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
Classic Agrimed LLC
Classic Agrimed LLC
since 2025
7 recorded transactions
Zoning & alternative use
ML · Mckinney, 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 Mckinney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mckinney 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 2022Property tax & assessments
Tax year 2022
Tax billed
$12,357
Tax year 2022
Assessed value
$628,523
Assessed 2023
Previous assessed
$628,523
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$179,990
Assessed improvement
$448,533
Land market value
$179,990
Improvement market value
$448,533
Total market value
$628,523
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
2003
Heating
NONE
Stories
1
Total area
3,441 SF
Lot
0.41 ac (17,999 SF)
Zoning code
ML
APN
R-1418-002-0040-1
UPID
US83-3439389
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
ML · Mckinney, TX
Zoning ML · permitted uses
ML · Mckinney, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mckinney. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Classic Agrimed LLC
Entity
Mailing address
423 METRO PARK DR, MCKINNEY, TX 75071-1828
Ownership since
2025
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
Aug 29, 2025
—
Classic Agrimed LLC
Kelly Boys INC
Deed
$555,000 · Frost Bank
Feb 2, 2022
—
Kelly Boys INC
Mewelbol Metro Park LP
Venders Lien
$531,250 · First Bank
Oct 28, 2019
—
Mcwelbol Metro Park LP
—
Deed
related
$3,200,000 · Texas Star Bk
Nov 6, 2017
—
Mcwelbol Metro Park LP
—
Deed
related
$312,640 · Texas Star Bk
Jan 15, 2008
—
Metro Park Mcwelbol
Mccoy,brad
Warranty Deed
related
—
Apr 18, 2007
—
Brad Mccoy
Owner,record
Grant Deed
related
—
Apr 4, 2007
—
Brad Mccoy
Coursier Investments
Grant Deed
$325,000 · Texas Star Bank
Sep 19, 2005
—
Coursier Investments LP
D & S Properties
Venders Lien
$276,000 · Gnb Financial NA
—
—
Mcwelbol Metro Park LP
—
Loan Modification
related
$243,715 · Texas Star Bk
—
—
Brad Mccoy
—
Deed Of Trust
related
$304,070 · Mcwelbol Metro Park LP
—
—
Mcwelbol Metro Park LP
—
Deed Of Trust
related
$3,200,000 · Texas Star Bk
—
—
Mcwelbol Metro Park LP
—
Deed Of Trust
related
$312,640 · Texas Star 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.
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