Back to Search
Property profile & analytics
OFF-MARKET
Drive through restaurants
507 Belt Line Rd Richardson, TX 75080-6302
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3834700
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Construction
FRAME
Total area
3,164 SF
Lot
0.62 ac (27,080 SF)
Zoning code
Z31
APN
42195800000030000
UPID
US83-3834700
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
-
Birdcall Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Carolyn M Georges · 1 yrs held
Carolyn M Georges
since 2025
7 recorded transactions
Zoning & alternative use
Z31 · Richardson, 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 Richardson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richardson 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$30,366
Tax year 2023
Assessed value
$1,350,000
Assessed 2023
Previous assessed
$1,350,000
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$433,280
Assessed improvement
$916,720
Land market value
$433,280
Improvement market value
$916,720
Total market value
$1,350,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2015
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,164 SF
Lot
0.62 ac (27,080 SF)
Zoning code
Z31
APN
42195800000030000
UPID
US83-3834700
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z31 · Richardson, TX
Zoning Z31 · permitted uses
Z31 · Richardson, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richardson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Carolyn M Georges
Individual
Free & Clear · 1 yrs held
Mailing address
2909 HILLCROFT ST STE #420, HOUSTON, TX 77057-5815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
—
Carolyn M Georges
Carolyn M Georges
Deed
related
—
Apr 30, 2025
—
Cynthia Binion Serna
Eric V Snyder
Deed
$300,000 · Umortgage LLC
Nov 20, 2024
—
Ryan Levon Hall
Ryan Levon Hall
Deed
related
—
Jun 28, 2024
—
Jahco Richardson Heights LLC
—
Deed
related
—
Feb 6, 2024
—
Philip Nolan Caffey
Philip Caffey
Intrafamily Transfer
related
—
Sep 20, 2022
—
Floyds Pink Properties LLC
Lisa A Schlensker
Special Warranty Deed
—
Sep 16, 2022
—
Orchard Property II LLC
Javier I Contreras
Warranty Deed
—
Jun 8, 2021
—
Kyle F Peavy
Pavel Nicoara
Venders Lien
$200,000 · Pavel Nicoara
Mar 15, 2013
—
Hartman Parkway LLC
—
Deed Of Trust
related
$30,000,000 · Texas Capital Bank NA
Dec 29, 2010
—
Richardson Heights Pro Hartman
Csmc 2007-c3 Richardson Height
Grant Deed
related
—
Jun 2, 2009
$20,000,000
2007-c3 Richardson Height Csmc
Patterson Mark L
Trustees Deed
—
Nov 22, 2005
—
Shafer Plaza Xlvi Ltd
Richardson Heights Village Ltd
Grant Deed
$27,765,000 · Wachovia Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 507 Belt Line Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
