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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office buildings
6205 Chapel Hl Blvd Plano, TX 75093-8439
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-0245815
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
11,817 SF
Lot
1.36 ac (59,242 SF)
Zoning code
RC
APN
R-4393-002-0020-1
UPID
US82-0245815
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
-
Ron Bowser - State Farm Insurance Agent Insurance Agency
-
Bridgepoint Communications General Contractor
-
Cura Emergency Services Consultant Environmental Consultant
-
Jones Square Financial Services, LLC Accounting Firm
-
Talis Advisory Services LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$413k
Blend (final)
Blend
$540k
Owner & transaction history
Chapel Hill Group LLC · 6 yrs held
Chapel Hill Group LLC
since 2020
4 recorded transactions
Zoning & alternative use
RC · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RC district promotes retail, service, office and limited manufacturing uses in culturally significant, high visibility areas, ensuring compatibility with surrounding neighborhoods.
Zone name
Regional Commercial
General category
INDUSTRIAL
Zone area
989.15 ac
Source
Realmo
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 Plano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plano 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%
$700,000
6.5%
$645,000
7%
$600,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$425,000
Current use
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$46 / 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
$42,257
Tax year 2022
Assessed value
$2,418,829
Assessed 2023
Previous assessed
$2,418,829
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$844,193
Assessed improvement
$1,574,636
Land market value
$844,193
Improvement market value
$1,574,636
Total market value
$2,418,829
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
2003
Heating
NONE
Stories
1
Total area
11,817 SF
Lot
1.36 ac (59,242 SF)
Zoning code
RC
APN
R-4393-002-0020-1
UPID
US82-0245815
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
RC · Plano, TXZoning RC · permitted uses
RC · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RC district promotes retail, service, office and limited manufacturing uses in culturally significant, high visibility areas, ensuring compatibility with surrounding neighborhoods.
Zone name
Regional Commercial
General category
INDUSTRIAL
Zone area
989.15 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$425,000
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
2003
Heating
NONE
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Chapel Hill Group LLC
Entity
Mailing address
6205 CHAPEL HL BLVD STE #200, PLANO, TX 75093-8441
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Feb 19, 2020
—
Chapel Hill Group LLC
—
Deed
related
$1,500,000 · Dallas Cap Bk NA
—
—
Chapel Hill Group LLC
—
Deed Of Trust
related
$1,500,000 · Dallas Cap Bk NA
—
—
Chapel Hill Group LLC
—
Deed Of Trust
related
$1,434,243 · Comerica Bank
—
—
Chapel Hill Group LLC
—
Deed Of Trust
related
$1,715,000 · Bank Of America
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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