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Property profile

600 Fm 981 Blue Ridge, TX 75424

FOR SALE
Other commercial real estate
Property ID
US82-4608322
4,200 SF 0.92 ac lot Built 1985
Last sale Jul 2020
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This flex property comprises multiple warehouse and office configurations totaling approximately 10,000 square feet. The site includes several enclosed warehouse buildings with roll-up doors, including units with 12x10-foot and 14-foot roll-up doors, a warehouse featuring multiple 11x14-foot roll-up doors with a dock-high loading dock, and an additional warehouse with a second-level storage area and a 12x14-foot roll-up door. Metal walk doors are provided across the warehouse buildings for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$131k
Assessed land$70k
Assessed improvement$61k
Effective rate1.98%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$8k
Operating expenses−$12k
NOI · 3.66% cap applied$70k

Realmo valuation models over county records and 7 qualifying comparable sales.

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?
3.66%
$70k 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.

JurisdictionCOLLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop9.2
Dental Office8.9
Wholesale Shop8.7

Location

600 Fm 981 Blue Ridge, TX 75424
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales 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

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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