Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Banks
6166 Retail Rd Dallas, TX 75231-7806
Entity Owned
9-yr Hold
Free & Clear
Property ID
US82-2892464
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2011
Construction
FRAME
Total area
4,092 SF
Lot
1.01 ac (44,213 SF)
Zoning code
Z239
APN
005414000E0080000
UPID
US82-2892464
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
-
Bank of America (with Drive-thru ATM) Bank Loan Service
-
Bank of America ATM (Drive-thru) Atm
-
Bank of America (with Drive-thru services) Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$628k
Blend (final)
Blend
$595k
Owner & transaction history
Timber Creek Owner LP · 9 yrs held
Timber Creek Owner LP
since 2017
5 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$475,000
+1.2%
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
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$470,000
Current use
AUTO REPAIR, GARAGE
$475,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$145 / 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
$55,877
Tax year 2023
Assessed value
$2,434,940
Assessed 2023
Previous assessed
$2,434,940
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$663,200
Assessed improvement
$1,771,740
Land market value
$663,200
Improvement market value
$1,771,740
Total market value
$2,434,940
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2011
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,092 SF
Lot
1.01 ac (44,213 SF)
Zoning code
Z239
APN
005414000E0080000
UPID
US82-2892464
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · 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
FINANCIAL BUILDING Current
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$475,000
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
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
2011
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Timber Creek Owner LP
Entity
Free & Clear · 9 yrs held
Mailing address
6011 CONNECTION DR, IRVING, TX 75039-2607
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2017
—
Timber Creek Owner LP
—
Grant Deed
related
$55,000,000 · Miscellaneous Ins Co
Jan 12, 2017
—
Timber Creek Owner LP
Bre Rc Timber Creek Tx LP
Quit Claim Deed
related
—
May 26, 2016
—
Bre Rc Timber Creek Tx LP
Rc Timber Creek Riocan LP
Quit Claim Deed
related
$740,000,000 · Wells Fargo Bk
Nov 23, 2011
—
Rc Timber Creek Dunhill LP
Tc Timbercreek Associates LP
Grant Deed
$45,000,000 · Northwestern Mutual Life Ins
Dec 16, 2005
—
Tc Timbercreek Assc
Owner Name Unavailable
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.
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?”
You own 6166 Retail Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
