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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Office buildings
5045 Lorimar Dr Plano, TX 75093-5720
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US82-1764403
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
22,659 SF
Lot
1.43 ac (62,117 SF)
Zoning code
R/MF
APN
R-4308-00A-0030-1
UPID
US82-1764403
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
-
Shy Realty Group / JP & Associates Realtors Real Estate Agency
-
Takehisa Horii, D.C. Alternative Medicine Practice
-
JPAR - Corporate Office Real Estate Agency
-
Fiana Feldman Realtor Real Estate Agency
-
Nita Advani, Realtor, JPAR - Plano Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$790k
Owner & transaction history
Zachariah Group LLC · 16 yrs held
Zachariah Group LLC
since 2009
7 recorded transactions
Zoning & alternative use
R/MF · Plano, 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 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
$780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$815,000
Current use
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
$35 / 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
$84,190
Tax year 2022
Assessed value
$4,675,557
Assessed 2023
Previous assessed
$4,405,529
+6.1% YoY
Effective rate
1.80%
On assessed value
Assessed land
$745,344
Assessed improvement
$3,930,213
Land market value
$745,344
Improvement market value
$3,930,213
Total market value
$4,675,557
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
1999
Heating
NONE
Stories
1
Total area
22,659 SF
Lot
1.43 ac (62,117 SF)
Zoning code
R/MF
APN
R-4308-00A-0030-1
UPID
US82-1764403
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
R/MF · Plano, TXZoning R/MF · permitted uses
R/MF · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$815,000
OFFICE BUILDING 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
1999
Heating
NONE
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Zachariah Group LLC
Entity
Mailing address
8235 DOUGLAS AVE STE #720, DALLAS, TX 75225-6007
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2025
—
The Zachariah Group LLC
—
Deed
related
$861,164 · Midfirst Bank
May 11, 2022
—
The Zachariah Group LLC
—
Deed
related
$1,000,000 · Midfirst Bank
Feb 9, 2021
—
The Zachariah Group LLC
—
Deed
related
$1,750,000 · Midfirst Bank
Mar 17, 2017
—
Tpp 304 Lakeside LLC
—
Loan Modification
related
$28,894,059 · Amegy Bk
Dec 30, 2009
—
Zachariah Group LLC
Lsm Center Partners LP
Grant Deed
$2,320,000 · J P Morgan Chase Bank
Feb 9, 2005
—
Lsm Center Partners
Turner Heritage Investments
Grant Deed
$25,500,000 · Wachovia Bank NA
—
—
Zachariah Group LLC
—
Deed Of Trust
related
$2,325,000 · Wells Fargo Bank
—
—
Zachariah Group LLC
—
Deed Of Trust
related
—
—
—
Lsm Center Partners
—
Deed Of Trust
related
$1,400,000 · Signature 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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