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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Commercial real estate
5308 Old Dallas Rd Elm Mott, TX 76640
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-7744856
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Construction
STEEL FRAME
Total area
4,000 SF
Lot
6.09 ac (265,324 SF)
Zoning code
R
APN
200371010001010
UPID
US82-7744856
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$610k
Owner & transaction history
Wpv Elm Mott Industrial LLC · 2 yrs held
Wpv Elm Mott Industrial LLC
since 2023
7 recorded transactions
Zoning & alternative use
R · Elm Mott, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$660,000
+60.3%
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 Elm Mott submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elm Mott 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
$555,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$410,000
Current use
OFFICE BUILDING
$660,000
Change: +60% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$153 / 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
$37,974
Tax year 2022
Assessed value
$2,639,650
Assessed 2023
Previous assessed
$2,639,650
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$358,370
Assessed improvement
$2,281,280
Land market value
$358,370
Improvement market value
$2,281,280
Total market value
$2,639,650
Applied tax rate
20.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
4,000 SF
Lot
6.09 ac (265,324 SF)
Zoning code
R
APN
200371010001010
UPID
US82-7744856
Jurisdiction
MCLENNAN
Zoning & alternative use
R · Elm Mott, TX
Zoning R · permitted uses
R · Elm Mott, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elm Mott. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$410,000
OFFICE BUILDING
Est. value
$660,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1989
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
6.09 ac
Current owner
From public records · entity-resolved
Wpv Elm Mott Industrial LLC
Entity
Free & Clear · 2 yrs held
Mailing address
963 S LOOP 340, WACO, TX 76706-4158
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
—
Wpv Elm Mott Industrial LLC
—
Deed
related
—
Aug 24, 2023
—
Wpv Elm Mott Industrial LLC
Wpv Development LLC
Warranty Deed
—
Dec 7, 2020
—
Wpv Dev LLC
—
Deed
related
$1,082,194 · Independent Bk
Jun 18, 2020
—
Wpv Dev LLC
—
Deed
related
$340,000 · American Bk NA
Feb 4, 2019
—
Wpv Dev LLC
Skirt Land Dev III LLC
Warranty Deed
$340,000 · American Bk NA
Dec 30, 2009
—
Skirt Land Dev III LLC
Westaker Land & Cattle Co
Warranty Deed
related
—
—
—
Wpv Dev LLC
—
Loan Modification
related
$340,000 · American Bk NA
—
—
Wpv Dev LLC
—
Deed Of Trust
related
$1,082,194 · Independent Bk
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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