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Property profile & analytics
OFF-MARKET
Estimated value
$5,370,000
Industrial properties
606 Young St Dallas, TX 75202-4810
Entity Owned
17-yr Hold
Free & Clear
Property ID
US82-2000337
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1961
Construction
TILT-UP CONCRETE
Total area
69,148 SF
Lot
1.94 ac (84,289 SF)
Zoning code
Z21
APN
100129000100
UPID
US82-2000337
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
-
WFAA ABC 8 News Television Studio Media Distribution
-
Fence SEO Marketing & Advertising
-
WFAA Weather tower Charitable Organization Social Service Agency
-
Good Morning Texas Television Studio Media Distribution
-
KFWD Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.07M
Comparable Approach
Comparable
$4.68M
Blend (final)
Blend
$5.37M
Owner & transaction history
Wfaa-tv INC · 17 yrs held
Wfaa-tv INC
since 2008
1 recorded transaction
Zoning & alternative use
Z21 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.1M
+194.5%
Retail stores
$7.2M
+164.2%
Commercial (general)
$7.0M
+155.3%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,570,000
6.5%
$6,065,000
7%
$5,630,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,065,000
Change: +194% · Conversion: Easy
RETAIL STORES
$7,235,000
Change: +164% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,990,000
Change: +155% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,890,000
Change: +78% · Conversion: Difficult
MEDICAL BUILDING
$4,690,000
Change: +71% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,515,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$5.37M
Range $4.83M – $5.91M · ±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
$78 / 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
$203,117
Tax year 2023
Assessed value
$8,851,240
Assessed 2023
Previous assessed
$8,851,240
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$8,850,240
Assessed improvement
$1,000
Land market value
$8,850,240
Improvement market value
$1,000
Total market value
$8,851,240
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
1961
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
5
Stories
2
Total area
69,148 SF
Lot
1.94 ac (84,289 SF)
Zoning code
Z21
APN
100129000100
UPID
US82-2000337
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z21 · Dallas, TX
Zoning Z21 · permitted uses
Z21 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$8.1M
RETAIL STORES
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$7.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1961
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
5
Lot
1.94 ac
Current owner
From public records · entity-resolved
Wfaa-tv INC
Entity
Free & Clear · 17 yrs held
Mailing address
606 YOUNG ST, DALLAS, TX 75202-4810
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2008
—
Wfaa-tv INC
Dallas Morning News INC
Grant Deed
related
—
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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