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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Grocery and convenience stores
7007 Lk June Rd Dallas, TX 75217-1327
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3841338
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1969
Construction
TILT-UP CONCRETE
Total area
18,886 SF
Lot
2.12 ac (92,230 SF)
Zoning code
Z59
APN
545174000000
UPID
US83-3841338
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
-
Librería católica san Judas Tadeo Religious Bookstore
-
Boost Mobile Mobile Phone Store Electronics & Wireless Store
-
Western Union Bank Credit Union
-
Malone's Cost Plus #2 Grocery & Convenience Store Food Market
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.00M
Owner & transaction history
Malones Food Stores LLC · 1 yrs held
Malones Food Stores LLC
since 2024
7 recorded transactions
Zoning & alternative use
Z59 · Dallas, 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 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
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,590,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±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
$53 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$26,046
Tax year 2024
Assessed value
$1,135,000
Assessed 2024
Previous assessed
$1,135,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$230,580
Assessed improvement
$904,420
Land market value
$230,580
Improvement market value
$904,420
Total market value
$1,135,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
18,886 SF
Lot
2.12 ac (92,230 SF)
Zoning code
Z59
APN
545174000000
UPID
US83-3841338
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z59 · Dallas, TX
Zoning Z59 · permitted uses
Z59 · 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
WAREHOUSE, STORAGE
Est. value
$1.6M
WAREHOUSE, STORAGE
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
1969
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
2.12 ac
Current owner
From public records · entity-resolved
Malones Food Stores LLC
Entity
Mailing address
4850 SAMUELL BLVD STE #1001, MESQUITE, TX 75149-1025
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2024
—
Malones Food Stores LLC
Dj Lakejune INC
Venders Lien
$2,000,000 · Dj Laicejune INC
Jun 26, 2023
—
Dj Lakejune INC
—
Deed
related
$850,000 · Global One Bancshares INC
Oct 18, 2017
—
Dj Lakejune INC
Malones Food Stores LLC
Warranty Deed
$910,000 · Bank Of Hope
Jan 31, 2007
—
Malones Food Stores Ltd
Malone,ronnie & Jane
Quit Claim Deed
related
$1,520,000 · Inwood National Bank
—
—
Malones Food Stores LLC
—
Deed Of Trust
related
$889,909 · Inwood National Bank
—
—
Malones Food Stores LLC
—
Deed Of Trust
related
$3,000,000 · Inwood Nat'l Bk
—
—
Malones Food Stores LLC
—
Deed Of Trust
related
$1,520,000 · Inwood National Bank
—
—
Malones Food Stores LLC
—
Deed Of Trust
related
$3,585,290 · Grocers Supply Co INC
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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