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Property profile & analytics
OFF-MARKET
Office buildings
5649 Lebanon Rd Frisco, TX 75034-7263
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US83-4258019
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
6,000 SF
Lot
0.76 ac (33,280 SF)
Zoning code
COMM
APN
R-4695-00A-0100-1
UPID
US83-4258019
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
-
Millennium Smiles Dental Office
-
Millennium Smiles Implant and Cosmetic Dentistry - Lebanon Dental Office
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
Sunlight Ventures Group LLC · 4 yrs held
Sunlight Ventures Group LLC
since 2021
7 recorded transactions
Zoning & alternative use
COMM · Frisco, 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 Frisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frisco 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 2022Property tax & assessments
Tax year 2022
Tax billed
$34,038
Tax year 2022
Assessed value
$2,198,571
Assessed 2023
Previous assessed
$1,797,943
+22.3% YoY
Effective rate
1.55%
On assessed value
Assessed land
$865,276
Assessed improvement
$1,333,295
Land market value
$865,276
Improvement market value
$1,333,295
Total market value
$2,198,571
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
2003
Heating
NONE
Stories
1
Total area
6,000 SF
Lot
0.76 ac (33,280 SF)
Zoning code
COMM
APN
R-4695-00A-0100-1
UPID
US83-4258019
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
COMM · Frisco, TX
Zoning COMM · permitted uses
COMM · Frisco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frisco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Sunlight Ventures Group LLC
Entity
Mailing address
3363 CORKWOOD DR, FRISCO, TX 75033-1380
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
—
Sunlight Ventures Group LLC
Jbhigh Management LLC
Venders Lien
$4,500,000 · Live Oak Banking Company
Jan 28, 2020
—
Auto Wash Ents INC
—
Deed
related
$1,062,597 · Southern Bk
Oct 25, 2018
—
Jbhigh Management LLC
—
Deed
related
$545,764 · First Com'l Bk
Oct 27, 2017
—
Jbhigh Management LLC
Auto Wash Ent INC
Grant Deed
related
—
Dec 12, 2014
—
Auto Wash Ent INC
Dh 5649 Lebanon LLC
Grant Deed
$1,293,031 · First Com'l Bk
Jul 20, 2012
—
Dh 5649 Lebanon LLC
Prosperity Farms
Grant Deed
$1,218,400 · Plains Capital Bank
—
—
Jbhigh Management LLC
—
Deed Of Trust
related
$545,764 · First Com'l Bk
—
—
Premier One Emergency Centers
—
Deed Of Trust
related
$1,200,000 · Bank Tx NA
—
—
Auto Wash Ents INC
—
Loan Modification
related
$1,062,597 · Southern Bk
—
—
Prosperity Farms
—
Deed Of Trust
related
$1,500,000 · First State 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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