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Property profile & analytics
FOR LEASE
Parking lots & garages
5100 Belt Line Rd Addison, TX 75254
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9815390
For Lease
1 / 2
$14.50 SF/Yr
5100 Belt Line Rd, Addison, TX 75254
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2013
Construction
FRAME
Total area
215,125 SF
Lot
31.61 ac (1,376,844 SF)
Zoning code
Z236
APN
100059300001R0000
UPID
US82-9815390
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
-
Diamontrigue of Dallas (Bike/Boat/Book/etc) Store
-
Gorji Restaurant Restaurant
-
Mix Hair Color Bar Hair Salon
-
Hair by Laren at Mattison Avenue Salon Suites Addison Hair Salon
-
Vidorra 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
$2.44M
Owner & transaction history
5100 Belt Line Road Invtrs LLC · 11 yrs held
5100 Belt Line Road Invtrs LLC
since 2015
7 recorded transactions
Zoning & alternative use
Z236 · Dallas, 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,840,000
Current use
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±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
$11 / 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
$2,076,182
Tax year 2023
Assessed value
$95,725,000
Assessed 2023
Previous assessed
$95,725,000
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$34,421,100
Assessed improvement
$61,303,900
Land market value
$34,421,100
Improvement market value
$61,303,900
Total market value
$95,725,000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
2013
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
14
Stories
5
Total area
215,125 SF
Lot
31.61 ac (1,376,844 SF)
Zoning code
Z236
APN
100059300001R0000
UPID
US82-9815390
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Dallas, TX
Zoning Z236 · permitted uses
Z236 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.8M
PARKING LOT 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
2013
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
5
Buildings
14
Lot
31.61 ac
Current owner
From public records · entity-resolved
5100 Belt Line Road Invtrs LLC
Entity
Free & Clear · 11 yrs held
Mailing address
5701 SEVILLE CT, PLANO, TX 75093-4230
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2015
—
5100 Belt Line Road Invtrs LLC
Vop LP
Grant Deed
related
—
Aug 10, 2011
—
Vop LP
Atv Partners Ltd
Grant Deed
related
—
Apr 4, 2011
—
Vop LP
Csfb2004-c4 Village On Of Parkway
Grant Deed
$47,000,000 · Gf III/vop Lender LLC
Apr 1, 2011
—
Vop LP
Atv Partners Ltd
Grant Deed
related
—
Sep 7, 2010
—
Csfb2004-c4 Village On The Par
Beaty,kyle B
Trustees Deed
related
—
—
—
Vop LP
—
Loan Modification
related
$56,092,674 · Bank Of America
—
—
Vop LP
—
Loan Modification, Consolidation And Extension
related
$56,092,674 · Bank Of Nat'l Tr & Svgs
—
—
Vop LP
—
Loan Modification
related
$61,110,191 · Bank Of America
—
—
Vop LP
—
Loan Modification
related
$56,092,674 · Bank Of Nat'l Tr & Svgs
—
—
Vop LP
—
Loan Modification, Consolidation And Extension
related
$47,706,000 · Bank Of Nat'l Tr & Svgs
—
—
Vop LP
—
Loan Modification
related
$46,897,500 · Bank Of Nat'l Tr & Svgs
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?”
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