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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Warehouses
611 Belt Line Rd, Cedar Hill, TX 75104-2212
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-5108182
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
STEEL FRAME
Total area
82,325 SF
Lot
3.61 ac (157,252 SF)
Zoning code
Z137
APN
160012000A01R0000
UPID
US82-5108182
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
-
Penske Truck Rental Car Rental Facility
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
Possible 1031 LLC · 5 yrs held
Possible 1031 LLC
since 2021
4 recorded transactions
Zoning & alternative use
Z137 · Cedar Hill, 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 Cedar Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Hill 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
$21 / 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
$100,878
Tax year 2023
Assessed value
$4,340,000
Assessed 2023
Previous assessed
$4,340,000
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$235,880
Assessed improvement
$4,104,120
Land market value
$235,880
Improvement market value
$4,104,120
Total market value
$4,340,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
PARTIAL
Buildings
2
Stories
1
Units
545
Total area
82,325 SF
Lot
3.61 ac (157,252 SF)
Zoning code
Z137
APN
160012000A01R0000
UPID
US82-5108182
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z137 · Cedar Hill, TX
Zoning Z137 · permitted uses
Z137 · Cedar Hill, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cedar Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
PARTIAL
Cooling
Yes
Stories
1
Buildings
2
Units
545
Lot
3.61 ac
Current owner
From public records · entity-resolved
Possible 1031 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
18485 VIA CANDELA, RANCHO SANTA FE, CA 92091-0196
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2021
—
Possible 1031 LLC
—
Deed
related
$22,300,000 · Ubs Bank USA
May 24, 2021
—
Possible 1031 LLC
Allsafe Self Storage Ltd
Special Warranty Deed
—
Jun 8, 2020
—
Allsafe Self Storage Ltd
—
Deed
related
$6,200,000 · Plains Cap Bk
—
—
Allsafe Self Storage Ltd
—
Loan Modification
related
$6,200,000 · Plains Cap 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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