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Property profile & analytics
OFF-MARKET
Retail space
609 Main St Grand Prairie, TX 75050-5832
Entity Owned
7-yr Hold
Free & Clear
Property ID
US82-4772238
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
TILT-UP CONCRETE
Total area
5,760 SF
Lot
0.33 ac (14,550 SF)
Zoning code
Z20
APN
28060500020090000
UPID
US82-4772238
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
-
Hands Up Volunteer Association / Organization
-
Frontend Solutions (Bike/Boat/Book/etc) Store Printing Service
-
Vasquez Jiu Jitsu Training Center Sports School
-
Best Roofers Grand Prairie Roofing Company General Contractor
-
SOL Space (Bike/Boat/Book/etc) Store Photography Service
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
Hermont Management LLC · 7 yrs held
Hermont Management LLC
since 2018
7 recorded transactions
Zoning & alternative use
Z20 · Grand Prairie, 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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$8,777
Tax year 2023
Assessed value
$381,540
Assessed 2023
Previous assessed
$381,540
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$94,580
Assessed improvement
$286,960
Land market value
$94,580
Improvement market value
$286,960
Total market value
$381,540
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,760 SF
Lot
0.33 ac (14,550 SF)
Zoning code
Z20
APN
28060500020090000
UPID
US82-4772238
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z20 · Grand Prairie, TX
Zoning Z20 · permitted uses
Z20 · Grand Prairie, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Prairie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Hermont Management LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 541117, GRAND PRAIRIE, TX 75054-1117
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2020
—
Hermont Management LLC
—
Deed
related
$420,000 · Prosperity Bk
Sep 25, 2018
—
Hermont Management LLC
Short,tommy E JR & Teresa L
Warranty Deed
—
Dec 2, 2016
—
Tommy E Short JR.
—
Deed
related
$422,000 · Grand Bk/tx
Nov 23, 2016
—
Tommy E Short JR
Bridgestone Retail Operations
Grant Deed
related
—
Mar 28, 2011
—
Bridgestone Retail Operations
Saco Corp
Grant Deed
related
—
—
—
Tommy E Short JR.
—
Deed Of Trust
related
$422,000 · Grand Bk/tx
—
—
Hermont Management LLC
—
Deed Of Trust
related
$420,000 · Prosperity 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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