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Property profile & analytics
FOR SALE
Commercial land
602 3Rd St Mabank, TX 75147
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-1668430
For Sale
1 / 18
$150,000
602 3Rd St, Mabank, TX 75147
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
1,288 SF
Lot
0.43 ac (18,731 SF)
APN
00.2390.0015.0009.00.95.05
UPID
US83-1668430
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
by Request
Owner & transaction history
9276 Unconditional Love Britta · 5 yrs held
9276 Unconditional Love Britta
since 2020
7 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 Mabank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mabank 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
—
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
$1,421
Tax year 2023
Assessed value
$74,923
Assessed 2024
Previous assessed
$74,923
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$74,923
Land market value
$74,923
Total market value
$74,923
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
CENTRAL
Cooling
CENTRAL
Total area
1,288 SF
Lot
0.43 ac (18,731 SF)
APN
00.2390.0015.0009.00.95.05
UPID
US83-1668430
Jurisdiction
KAUFMAN
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
Heating
CENTRAL
Cooling
Yes
Lot
0.43 ac
Current owner
From public records · entity-resolved
9276 Unconditional Love Britta
Individual
Free & Clear · 5 yrs held
Mailing address
1005 S 3RD ST, MABANK, TX 75147-7692
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
—
9276 Unconditional Love Britta
Abdallah Abdin
Warranty Deed
—
Dec 28, 2017
—
Abdallah Abdin
Doug Fortenberry
Venders Lien
$68,000 · First State Bank
Oct 1, 2013
—
Fortenberry Family Trust
A & Affordable Roofing LLC
Warranty Deed
related
—
Jul 9, 2013
—
A & Affordable Roofing LLC Etal
Lewis James A
Warranty Deed
$48,300 · Citizens State Bank
May 15, 2013
$146,937
Lewis,christine E Trust
Shackelford,raymond L III
Trustees Deed
—
Feb 20, 2013
$146,937
Christine E Lewis
Shackelford,raymond L III
Trustees Deed
—
Feb 1, 2008
—
James A Lewis
Millender,kasey A
Deed In Lieu Of Foreclosure
related
—
Mar 9, 2004
—
Kasey A Millender
Lewis,james A & Christine
Warranty Deed
$115,000 · James A & Christine Lewis
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?”
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