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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Turn key restaurants
4350 Belt Line Rd, Addison, TX 75001-4511
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-0180156
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Construction
FRAME
Total area
9,496 SF
Lot
2.09 ac (90,823 SF)
Zoning code
Z137
APN
10002730000030000
UPID
US82-0180156
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
-
Osaka Sushi & Grill Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$650k
Owner & transaction history
Cheers Beer And Wine INC · 7 yrs held
Cheers Beer And Wine INC
since 2019
7 recorded transactions
Zoning & alternative use
Z137 · Addison, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$920,000
+25.2%
Medical building
$850,000
+15.4%
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 Addison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Addison 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
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$735,000
Current use
RETAIL STORES
$920,000
Change: +25% · Conversion: Easy
MEDICAL BUILDING
$850,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$68 / 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
$57,208
Tax year 2023
Assessed value
$2,637,650
Assessed 2023
Previous assessed
$2,637,650
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$1,362,330
Assessed improvement
$1,275,320
Land market value
$1,362,330
Improvement market value
$1,275,320
Total market value
$2,637,650
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
9,496 SF
Lot
2.09 ac (90,823 SF)
Zoning code
Z137
APN
10002730000030000
UPID
US82-0180156
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z137 · Addison, TX
Zoning Z137 · permitted uses
Z137 · Addison, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Addison. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$735,000
RETAIL STORES
Est. value
$920,000
MEDICAL BUILDING
Est. value
$850,000
RESTAURANT Current
RETAIL STORES
MEDICAL BUILDING
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
1992
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.09 ac
Current owner
From public records · entity-resolved
Cheers Beer And Wine INC
Entity
Mailing address
4350 BELT LINE RD, ADDISON, TX 75001-4511
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2021
—
Cheers Beer And Wine INC
—
Deed
related
$2,000,000 · United States Small Business Admin
May 24, 2019
—
Cheers Beer And Wine INC
Dar Wei Estate Development LP
Venders Lien
$4,055,000 · Metro City Bank
May 8, 2019
—
Dar Wei Real Estate Development LP
—
Deed
related
$1,500,000 · Jpmorgan Chase Bank NA
Mar 10, 2017
—
Dar Wel Real Estate Development LP
—
Deed
related
$200,000 · Jpmorgan Chase Bank NA
Oct 2, 2007
—
Dar Wei Real Estate Development LP
Ping Corp
Venders Lien
$845,000 · American First National Bank
—
—
Dar Wei Real Estate Dev LP
—
Loan Modification
related
$500,000 · American First National Bank
—
—
Wei Real Estate Dev Dar
—
Deed Of Trust
related
$1,350,000 · American First National Bank
—
—
Wei Real Estate Dev Dar
—
Deed Of Trust
related
$500,000 · American First National Bank
—
—
Dar Wei Real Estate Dev LP
—
Loan Modification
related
$545,263 · American First National Bank
—
—
Dar Wei Real Estate Dev LP
—
Loan Modification
related
$430,175 · American First National Bank
—
—
Dar Wei Real Estate Dev LP
—
Deed Of Trust
related
$788,007 · American First National Bank
—
—
Ping Corp
—
Deed Of Trust
related
$845,000 · American First National Bank
—
—
Ping Corp
—
Deed Of Trust
related
$600,000 · American First National Bank
—
—
Dar Wei Real Estate Dev LP
—
Deed Of Trust
related
$240,000 · American First National Bank
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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