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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Apartment buildings
4820 Westgrove Dr Addison, TX 75001-6170
Entity Owned
9-yr Hold
Property ID
US82-1992012
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
FRAME
Total area
262,188 SF
Lot
14.71 ac (640,985 SF)
Zoning code
Z09
APN
10000910671009900
UPID
US82-1992012
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
-
Estradas Auto Care Auto Repair Shop
-
CBT Apartments Leasing Office Real Estate Agency
-
Communities of Bent Tree Apartments Apartment Rental Agency Apartment Complex
-
Casa dirección Condominium Complex
-
Aurora Handmade.eu Party Supply Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$824k
Blend (final)
Blend
$880k
Owner & transaction history
Willmax Bt Brook LP · 9 yrs held
Willmax Bt Brook LP
since 2016
4 recorded transactions
Zoning & alternative use
Z09 · Addison, 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 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
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,125,000
Current use
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$3 / 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
$739,130
Tax year 2023
Assessed value
$34,078,540
Assessed 2023
Previous assessed
$34,078,540
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$9,614,540
Assessed improvement
$24,464,000
Land market value
$9,614,540
Improvement market value
$24,464,000
Total market value
$34,078,540
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
248
Bathrooms
24
Total area
262,188 SF
Lot
14.71 ac (640,985 SF)
Zoning code
Z09
APN
10000910671009900
UPID
US82-1992012
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z09 · Addison, TX
Zoning Z09 · permitted uses
Z09 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
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
1978
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
248
Bathrooms
24
Lot
14.71 ac
Current owner
From public records · entity-resolved
Willmax Bt Brook LP
Entity
Mailing address
8111 PRESTON RD STE #850, DALLAS, TX 75225-6374
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2016
—
Willmax Bt Brook LP
Kre Cc Bent Tree Brks Owner Ll
Grant Deed
$20,825,000 · Berkadia Com'l Mtg
Mar 30, 2015
—
Kre Cc Bent Tree Brks Owner Ll
Brooks Bent Tree LLC
Grant Deed
$16,720,000 · Berkadia Com'l Mtg
Dec 23, 2010
—
Brooks Bent Tree LLC
Bent Tree Brooks Props Ltd
Quit Claim Deed
related
—
—
—
Willmax Bt Brook LP
—
Deed Of Trust
related
$24,573,000 · Berkadia Com'l Mtg
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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