Financial
Distress signals
Property profile

575 Proffitt St A Midlothian, TX 76065

FOR LEASE
Other commercial real estate
Property ID
US82-5890425
13,130 SF 1.82 ac lot Built 1985
Last sale Jan 2026
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a flex suite combining front office space with rear warehouse space, configured for combined office and light industrial or storage use. The front office area features modern interior finishes, including LED lighting and updated flooring, and is suitable for reception or administrative functions. The rear warehouse area is set up for operational access with three bay doors, and includes an additional enclosed section that can be used as storage and/or secondary office space,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$1.12M
Assessed land$1.12M
Effective rate2.03%

Value estimate

· Sep 2026
$540k
$486k – $594k
AI approach$540k
Submarket $/SF estimate$545k
NOI build-up
Gross scheduled income$107k
Vacancy & credit loss−$9k
Operating expenses−$34k
NOI · 529.28% cap applied$64k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
529.28%
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionELLIS

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.0
Kitchen & Bath10.9
Wholesale Shop10.6

Location

575 Proffitt St, Unit A Midlothian, TX 76065
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
3602 Ovilla, Midlothian, TX 76065 $167,165 Feb 2023 8,942 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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