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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Office buildings
431 Wintergreen Rd Desoto, TX 75115-2309
Entity Owned
Free & Clear
Property ID
US82-2759442
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
FRAME
Total area
7,737 SF
Lot
22.8 ac (993,255 SF)
Zoning code
Z236
APN
600755000A27A0000
UPID
US82-2759442
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
-
The Bridgemoor at DeSoto Apartment Complex
-
Allison S. Hope Freight Service Logistics Company
-
Allison Hope Handicapped Transportation Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
$1.80M
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.33M
Owner & transaction history
Senior Living San Marcos LLC
Senior Living San Marcos LLC
since 2026
7 recorded transactions
Zoning & alternative use
Z236 · Desoto, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+22.0%
Restaurant
$995,000
+9.9%
Medical building
$940,000
+4.0%
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 Desoto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desoto 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
$875,000
CAP Approach
CAP Return
Estimation
6%
$1,950,000
6.5%
$1,800,000
7%
$1,670,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$905,000
Current use
COMMERCIAL (GENERAL)
$1,105,000
Change: +22% · Conversion: Easy
RESTAURANT
$995,000
Change: +10% · Conversion: Moderate
MEDICAL BUILDING
$940,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$910,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±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
$171 / 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
$673,252
Tax year 2023
Assessed value
$30,000,000
Assessed 2023
Previous assessed
$30,000,000
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$1,986,510
Assessed improvement
$28,013,490
Land market value
$1,986,510
Improvement market value
$28,013,490
Total market value
$30,000,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
7,737 SF
Lot
22.8 ac (993,255 SF)
Zoning code
Z236
APN
600755000A27A0000
UPID
US82-2759442
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Desoto, TX
Zoning Z236 · permitted uses
Z236 · Desoto, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desoto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$995,000
MEDICAL BUILDING
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$910,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2009
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
22.8 ac
Current owner
From public records · entity-resolved
Senior Living San Marcos LLC
Entity
Free & Clear · 0 yrs held
Mailing address
24903 NORTHAMPTON FRST DR, SPRING, TX 77389-2914
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Senior Living San Marcos LLC
Shaw/feddern LP
Special Warranty Deed
—
Apr 1, 2021
—
Senior Living Real Estate LLC
—
Deed
related
$2,750,000 · Wells Fargo Bank NA
Aug 1, 2018
—
Senior Living Real Estate Ll
Colcom Of Desoto Ltd
Grant Deed
$20,280,000 · Wells Fargo Bk
May 5, 2017
—
Colcom Of Desoto Ltd
—
Deed
related
$1,820,000 · Deutsche Bk Tr #2013-k26 (ce)
Aug 29, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Colcom Of Desoto Ltd
—
Deed Of Trust
related
$18,200,000 · Northmarq Capital INC
—
—
Colcom Of Desoto Ltd
—
Loan Modification
related
$1,820,000 · Deutsche Bk Tr #2013-k26 (ce)
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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