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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office buildings
6051 Virginia Pkwy Mckinney, TX 75071-5853
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-0322929
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
14,007 SF
Lot
1.55 ac (67,518 SF)
Zoning code
SFR
APN
R-8675-00A-0020-1
UPID
US82-0322929
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
-
Manuel Sandoval I Ebby Halliday Realtors I Your Texican REALTOR® Real Estate Agency
-
FedEx Drop Box Postal Service Courier Service
-
Charlie Michael REALTOR Real Estate Agency
-
Texomaland - Sutherland Realty - Ebby Halliday Real Estate Agency
-
Daniel Nolley - Realtor® Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$845k
Owner & transaction history
6051 Virginia Parkway LLC · 4 yrs held
6051 Virginia Parkway LLC
since 2022
7 recorded transactions
Zoning & alternative use
SFR · Mckinney, 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 Mckinney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mckinney 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
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$890,000
Current use
Blend value · Realmo final
$845k
Range $761k – $930k · ±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 2022Property tax & assessments
Tax year 2022
Tax billed
$97,445
Tax year 2022
Assessed value
$5,326,171
Assessed 2023
Previous assessed
$4,862,429
+9.5% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,485,492
Assessed improvement
$3,840,679
Land market value
$1,485,492
Improvement market value
$3,840,679
Total market value
$5,326,171
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
14,007 SF
Lot
1.55 ac (67,518 SF)
Zoning code
SFR
APN
R-8675-00A-0020-1
UPID
US82-0322929
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
SFR · Mckinney, TX
Zoning SFR · permitted uses
SFR · Mckinney, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mckinney. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$890,000
OFFICE BUILDING Current
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
2005
Heating
NONE
Stories
1
Lot
1.55 ac
Current owner
From public records · entity-resolved
6051 Virginia Parkway LLC
Entity
Mailing address
2825 OAK LAWN AVE UNIT #191325, DALLAS, TX 75219-4591
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2022
—
6051 Virginia Parkway LLC
Denton Hines Properties INC
Warranty Deed
—
Oct 2, 2017
—
Redcorner Ebby Building LLC
Jefflyn Properties IV Ltd
Grant Deed
$4,040,000 · Independent Bk
Jan 3, 2017
—
Jefflyn Properties IV Ltd
—
Deed
related
$2,873,050 · Wells Fargo Bk
Jul 28, 2016
—
Jefflyn Properties IV Ltd
—
Trustees Deed
related
$991,000 · Wells Fargo Bk
Jul 12, 2006
—
Jefflyn Properties IV Ltd
—
Trustees Deed
related
$200,000 · Town North Bank NA
Feb 28, 2005
—
Jefflyn Properties IV Ltd
Virginia Ridge
Warranty Deed
$680,300 · Town North Bank NA
—
—
Jefflyn Properties IV Ltd
—
Loan Modification
related
$2,608,308 · Wells Fargo Bk
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$3,000,000 · Wells Fargo Bk Nw NA
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$200,000 · Town North Bank NA
—
—
Jefflyn Properties IV Ltd
—
Loan Modification
related
$3,000,000 · Wells Fargo Bk
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$2,517,300 · Town North Bank NA
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$2,608,308 · Wells Fargo Bank
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$1,975,900 · Wells Fargo Bank
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$1,975,900 · Wells Fargo Bank
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$2,608,308 · Wells Fargo Bank
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$2,873,050 · Wells Fargo Bk
—
—
Jefflyn Properties IV Ltd
—
Deed Of Trust
related
$2,608,308 · Wells Fargo Bk/tx
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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