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Property profile & analytics
OFF-MARKET
Estimated value
$3,030,000
Commercial real estate
650 Greenville Ave Allen, TX 75002-3037
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-5508079
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Total area
101,782 SF
Lot
7.3 ac (317,988 SF)
Zoning code
MF-12
APN
R-10136-001-0010-1
UPID
US82-5508079
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
-
Vitality Court Texas Star Nursing Home Retirement Community
-
Allen Vitality Housing Society
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.03M
Owner & transaction history
Vsl Allen LLC · 9 yrs held
Vsl Allen LLC
since 2017
4 recorded transactions
Zoning & alternative use
MF-12 · Allen, 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 Allen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allen 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
$30 / 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
$204,482
Tax year 2022
Assessed value
$10,621,988
Assessed 2023
Previous assessed
$10,300,000
+3.1% YoY
Effective rate
1.93%
On assessed value
Assessed land
$1,907,928
Assessed improvement
$8,714,060
Land market value
$1,907,928
Improvement market value
$8,714,060
Total market value
$10,621,988
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2014
Heating
NONE
Stories
1
Units
95
Total area
101,782 SF
Lot
7.3 ac (317,988 SF)
Zoning code
MF-12
APN
R-10136-001-0010-1
UPID
US82-5508079
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
MF-12 · Allen, TX
Zoning MF-12 · permitted uses
MF-12 · Allen, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
1
Units
95
Lot
7.3 ac
Current owner
From public records · entity-resolved
Vsl Allen LLC
Entity
Mailing address
5800 AMANDA DR STE #100, CARLSBAD, CA 92008
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2017
—
Vsl Allen LLC
—
Deed
related
$13,832,536 · Keybank USA
Apr 3, 2017
—
Vsl Allen LLC
Hsh Texas Properties LLC
Grant Deed
related
—
—
—
Texas Star Assisted Living LLC
—
Deed Of Trust
related
$8,116,000 · Omniamerican Bank
—
—
Vsl Allen LLC
—
Deed Of Trust
related
$13,832,536 · Keybank USA
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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