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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Strip malls
601 Saginaw Blvd Saginaw, TX 76179-1224
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0118578
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
10,500 SF
Lot
1 ac (43,604 SF)
APN
47013-1-3A1B
UPID
US82-0118578
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
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$635k
Owner & transaction history
Jonni Investment INC · 17 yrs held
Jonni Investment INC
since 2008
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$960,000
+102.7%
Medical building
$925,000
+94.4%
Retail stores
$890,000
+88.0%
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 Saginaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saginaw 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
Method
Estimation
Statistic approach
by Request
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$475,000
Current use
OFFICE BUILDING
$960,000
Change: +103% · Conversion: Moderate
MEDICAL BUILDING
$925,000
Change: +94% · Conversion: Difficult
RETAIL STORES
$890,000
Change: +88% · Conversion: Easy
AUTO REPAIR, GARAGE
$860,000
Change: +81% · Conversion: Difficult
WAREHOUSE, STORAGE
$395,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / 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
$56,403
Tax year 2023
Assessed value
$2,545,440
Assessed 2024
Previous assessed
$2,510,000
+1.4% YoY
Effective rate
2.22%
On assessed value
Assessed land
$512,288
Assessed improvement
$2,033,152
Land market value
$512,288
Improvement market value
$2,033,152
Total market value
$2,545,440
Applied tax rate
224.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
10,500 SF
Lot
1 ac (43,604 SF)
APN
47013-1-3A1B
UPID
US82-0118578
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, 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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$475,000
OFFICE BUILDING
Est. value
$960,000
MEDICAL BUILDING
Est. value
$925,000
RETAIL STORES
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$860,000
WAREHOUSE, STORAGE
Est. value
$395,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Jonni Investment INC
Entity
Mailing address
2301 LAWNMEADOW DR, RICHARDSON, TX 75080-2340
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2017
—
Jonni Investment INC
—
Deed
related
$4,200,000 · Origin Bk
Dec 23, 2008
—
Jonni Investment INC
Saginaw Investments Ltd
Warranty Deed
$800,000 · Community Trust Bank Of Texas
Nov 23, 2005
—
Saginaw Investments Ltd
Jahanzeb Investments INC
Grant Deed
related
—
—
—
Saginaw Investments Ltd
—
Deed Of Trust
related
$966,371 · Texas Capital Bank NA
—
—
Jonni Investment INC
—
Deed Of Trust
related
$4,200,000 · Origin Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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