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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
701 Spg Vly Rd Richardson, TX 75080-7200
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-4453752
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Construction
TILT-UP CONCRETE
Total area
2,100 SF
Lot
0.58 ac (25,351 SF)
Zoning code
Z137
APN
42222500000010000
UPID
US82-4453752
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
-
Chevron Auto Repair Shop
-
Cracker Barrel Cafe & Coffee Shop
-
ATM (ATM Link, Inc.) Atm
-
Spring Valley Gas & More Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shadco INC · 10 yrs held
Shadco INC
since 2015
7 recorded transactions
Zoning & alternative use
Z137 · Richardson, 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 Richardson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richardson 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
—
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
$19,681
Tax year 2023
Assessed value
$875,000
Assessed 2023
Previous assessed
$875,000
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$507,020
Assessed improvement
$367,980
Land market value
$507,020
Improvement market value
$367,980
Total market value
$875,000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1996
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,100 SF
Lot
0.58 ac (25,351 SF)
Zoning code
Z137
APN
42222500000010000
UPID
US82-4453752
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z137 · Richardson, TXZoning Z137 · permitted uses
Z137 · Richardson, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1996
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Shadco INC
Entity
Mailing address
1001 CRK BND, CARROLLTON, TX 75007-2787
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
—
Shadco INC
—
Deed
related
$709,687 · Golden Bk
Mar 12, 2018
—
Shadco INC
—
Deed
related
—
Oct 19, 2015
—
Shadco INC
Goodluck Corporation
Special Warranty Deed
$840,000 · Golden Bank NA
—
—
Goodluck Corp
—
Deed Of Trust
related
$1,300,000 · One World Bank
—
—
Goodluck Corp
—
Deed Of Trust
related
$44,412 · Tax Loans USA LLC
—
—
Goodluck Corp
—
Loan Modification
related
$1,127,475 · One World Bank
—
—
Shadco INC
—
Deed Of Trust
related
—
—
—
Goodluck Corp
—
Deed Of Trust
related
$31,624 · Tax Loans USA LLC
—
—
Goodluck Corp
—
Deed Of Trust
related
$18,694 · Tax Loans USA LLC
—
—
Goodluck Corp
—
Deed Of Trust
related
$55,774 · * Other Institutional Lenders
—
—
Shadco INC
—
Loan Modification
related
$709,687 · Golden 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.
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