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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Commercial real estate
437 Coit Rd Plano, TX 75075-5709
Trust Owned
3-yr Hold
Free & Clear
Property ID
US82-4831853
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Total area
7,086 SF
Lot
1.49 ac (64,904 SF)
Zoning code
LI-1
APN
R-4892-001-002R-1
UPID
US82-4831853
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
-
Legacy Bank and Trust Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$790k
Owner & transaction history
Legacy Bank & Trust Company · 3 yrs held
Legacy Bank & Trust Company
since 2023
2 recorded transactions
Zoning & alternative use
LI-1 · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LI-1 district is intended to provide areas for light manufacturing firms engaged in processing, assembling, warehousing, research and development and incidental services that are developed in accordance with the same performance standards applicable to all other zoning districts.
Zone name
Light Industrial 1
General category
INDUSTRIAL
Zone area
1,584.45 ac
Source
Realmo
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 Plano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plano 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
$760,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$111 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$69,985
Tax year 2022
Assessed value
$3,883,722
Assessed 2023
Previous assessed
$3,662,177
+6.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$2,336,580
Assessed improvement
$1,547,142
Land market value
$2,336,580
Improvement market value
$1,547,142
Total market value
$3,883,722
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
7,086 SF
Lot
1.49 ac (64,904 SF)
Zoning code
LI-1
APN
R-4892-001-002R-1
UPID
US82-4831853
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
LI-1 · Plano, TXZoning LI-1 · permitted uses
LI-1 · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LI-1 district is intended to provide areas for light manufacturing firms engaged in processing, assembling, warehousing, research and development and incidental services that are developed in accordance with the same performance standards applicable to all other zoning districts.
Zone name
Light Industrial 1
General category
INDUSTRIAL
Zone area
1,584.45 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Legacy Bank & Trust Company
Trust
Free & Clear · 3 yrs held
Mailing address
437 COIT RD, PLANO, TX 75075-5709
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
—
Legacy Bank & Trust Company
Bm2f Investments I LLC
Special Warranty Deed
—
Jan 13, 2023
—
Bm2 F Investments I LLC
Capital One
Special Warranty Deed
—
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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