Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Grocery and convenience stores
5809 Lovers Ln Dallas, TX 75206-4324
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-2892927
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1995
Construction
TILT-UP CONCRETE
Total area
74,312 SF
Lot
6.65 ac (289,761 SF)
Zoning code
Z163
APN
005410000C0030000
UPID
US82-2892927
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
-
ArmsOfHope Drop Box Only Charitable Organization
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Tom Thumb Express Gas Station
-
Wells Fargo Bank Bank Loan Service
-
Wells Fargo ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.69M
Owner & transaction history
Ot Laurel Texas LP · 9 yrs held
Ot Laurel Texas LP
since 2016
7 recorded transactions
Zoning & alternative use
Z163 · 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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$36 / 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
$207,834
Tax year 2023
Assessed value
$9,056,800
Assessed 2023
Previous assessed
$9,056,800
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$8,692,320
Assessed improvement
$364,480
Land market value
$8,692,320
Improvement market value
$364,480
Total market value
$9,056,800
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1995
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
74,312 SF
Lot
6.65 ac (289,761 SF)
Zoning code
Z163
APN
005410000C0030000
UPID
US82-2892927
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z163 · Dallas, TX
Zoning Z163 · permitted uses
Z163 · 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.
Building & site characteristics
From public records
Year built
1995
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
6.65 ac
Current owner
From public records · entity-resolved
Ot Laurel Texas LP
Entity
Mailing address
11440 SAN VICENTE BLVD STE #200, LOS ANGELES, CA 90049-6217
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2018
—
Randalls Food & Drugs LP
—
Loan Modification
related
—
Sep 7, 2016
—
Ot Laurel Texas LP
Wpf Operating LLC
Trustees Deed
$110,000,000 · Miscellaneous Ins Co
Jun 24, 2004
—
Ot 12900 Victory Co
Ot Wfc Texas
Warranty Deed
related
—
Feb 19, 2004
—
Ot Laurel Texas LP
Lincoln Property Co
Grant Deed
related
—
—
—
Ot Laurel Texas LP
—
Deed Of Trust
related
$32,000,000 · Nationwide Life Insurance Co
—
—
Randalls Food & Drugs LP
—
Deed Of Trust
related
—
—
—
Randalls Food & Drugs LP
—
Deed Of Trust
related
$1,145,000,000 · Wilmington Trust (ct)
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 5809 Lovers Ln?
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.
