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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Strip malls
506 Nursery Rd Irving, TX 75060-3187
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-4381971
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
TILT-UP CONCRETE
Total area
8,750 SF
Lot
0.68 ac (29,540 SF)
Zoning code
Z58
APN
322036200A0010000
UPID
US82-4381971
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
-
Aldo Torrente, PA Physician
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
NOELIA YESENIA SOLIS RAMIREZ Physician
-
Fruteria Cano Food Market Specialty Food Shop
-
Clinicas Mi Doctor Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$635k
Owner & transaction history
7918 Ferguson LLC · 5 yrs held
7918 Ferguson LLC
since 2020
4 recorded transactions
Zoning & alternative use
Z58 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+87.1%
Medical building
$920,000
+64.0%
Auto repair, garage
$875,000
+56.3%
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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$560,000
Current use
OFFICE BUILDING
$1,050,000
Change: +87% · Conversion: Moderate
MEDICAL BUILDING
$920,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: +56% · Conversion: Difficult
RETAIL STORES
$865,000
Change: +54% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$600,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$73 / 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
$43,249
Tax year 2023
Assessed value
$2,000,000
Assessed 2023
Previous assessed
$2,000,000
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$147,700
Assessed improvement
$1,852,300
Land market value
$147,700
Improvement market value
$1,852,300
Total market value
$2,000,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,750 SF
Lot
0.68 ac (29,540 SF)
Zoning code
Z58
APN
322036200A0010000
UPID
US82-4381971
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z58 · Irving, TXZoning Z58 · permitted uses
Z58 · Irving, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$560,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$875,000
RETAIL STORES
Est. value
$865,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2004
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
7918 Ferguson LLC
Entity
Mailing address
5335 SPG VLY RD, DALLAS, TX 75254-3009
Ownership since
2020
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
Dec 14, 2020
—
7918 Ferguson LLC
David & Young S Plaza Ltd
Venders Lien
$1,687,500 · Prosperity Bank
—
—
David & Youngs Plaza Ltd
—
Deed Of Trust
related
$1,150,000 · Metrobank
—
—
David & Youngs Plaza Ltd
—
Deed Of Trust
related
$1,100,000 · First National Bank Town Squar
—
—
David & Youngs Plaza Ltd
—
Deed Of Trust
related
$330,000 · Metrobank
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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