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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Industrial properties
601 National Dr Ennis, TX 75119-7823
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0517491
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Total area
311,250 SF
Lot
29.4 ac (1,280,838 SF)
APN
25.3765.000.041.00.903
UPID
US82-0517491
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
601 National Drive LLC · 6 yrs held
601 National Drive LLC
since 2020
6 recorded transactions
Zoning & alternative use
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 Ennis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ennis 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
$6 / 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
$198,606
Tax year 2023
Assessed value
$8,300,000
Assessed 2024
Previous assessed
$9,220,200
-10.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$1,537,006
Assessed improvement
$6,762,994
Land market value
$1,537,006
Improvement market value
$6,762,994
Total market value
$8,300,000
Applied tax rate
70.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
311,250 SF
Lot
29.4 ac (1,280,838 SF)
APN
25.3765.000.041.00.903
UPID
US82-0517491
Jurisdiction
ELLIS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Lot
29.4 ac
Current owner
From public records · entity-resolved
601 National Drive LLC
Entity
Free & Clear · 6 yrs held
Mailing address
9515 PLZ CIR, EL PASO, TX 79927-2005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2020
—
601 National Drive LLC
Indel Food Products INC
Grant Deed
related
—
Dec 6, 2016
—
Indel Food Products INC
Lsref4 Dual Holdings Qf LLC
Grant Deed
related
—
Feb 1, 2016
—
Lsref4 Dual Holdings Qf LLC
Bre 601 National Owner LP
Grant Deed
related
—
Jul 21, 2015
—
Bre 601 National Owner LP
Ge Coml Fin Busn Prop Corp
Grant Deed
related
—
Sep 19, 2007
—
Coml Finance Busn Prop Co Ge
Kdc-ennis I Investments
Grant Deed
related
—
Sep 26, 2006
—
Kdc-ennis I Investments
Ennis Economic Dev Corp INC
Quit Claim Deed
related
$13,944,000 · Lasalle National 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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