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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Grocery and convenience stores
710 Spg Vly Rd Richardson, TX 75080-7256
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US83-0025992
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2001
Construction
TILT-UP CONCRETE
Total area
3,296 SF
Lot
1.11 ac (48,569 SF)
Zoning code
Z137
APN
422365000014A0000
UPID
US83-0025992
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
-
Zam Tires Auto Repair Shop
-
Athena Bitcoin ATM Atm Crypto Atm
-
Taqueria Garcia Restaurant
-
Exxon Gas Station
-
Bitcoin of America ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$487k
Blend (final)
Blend
$515k
Owner & transaction history
Le Neption Investments LLC · 12 yrs held
Le Neption Investments LLC
since 2014
7 recorded transactions
Zoning & alternative use
Z137 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$540,000
+220.3%
Auto repair, garage
$390,000
+129.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$540,000
Change: +220% · Conversion: Difficult
AUTO REPAIR, GARAGE
$390,000
Change: +130% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$156 / 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
$37,113
Tax year 2023
Assessed value
$1,650,000
Assessed 2023
Previous assessed
$1,650,000
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$971,120
Assessed improvement
$678,880
Land market value
$971,120
Improvement market value
$678,880
Total market value
$1,650,000
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
2001
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
3,296 SF
Lot
1.11 ac (48,569 SF)
Zoning code
Z137
APN
422365000014A0000
UPID
US83-0025992
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$390,000
MEDICAL BUILDING
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
2001
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
1.11 ac
Current owner
From public records · entity-resolved
Le Neption Investments LLC
Entity
Mailing address
708 SOUTHWYND ST, MESQUITE, TX 75150-4724
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2018
—
Le Nepton Investments LLC
—
Deed
related
$725,521 · Stockmans Bk
Jan 14, 2014
—
Le Neption Investments LLC
M Yonis Group INC
Venders Lien
$825,000 · Stockman Bank
Dec 13, 2011
—
M Yonis Group INC
F & M Properties INC
Warranty Deed
$848,000 · Wilshire State Bank
Jul 29, 2011
—
F & M Properties INC
State Bk Of Tx
Warranty Deed
—
Jul 5, 2011
$900,000
State Bk Of Tx
Irons,thomas J
Trustees Deed
related
—
Mar 17, 2008
—
Richardson Retail Inv LLC
—
Trustees Deed
related
$75,000 · State Bank Of Texas
Dec 10, 2007
—
Tpmh Ents INC
Richardson Retail Inv LLC
Warranty Deed
$1,180,000 · Richardson Retail Inv LLC
—
—
Tpmh Ents INC
—
Deed Of Trust
related
$50,000 · United Central Bank
—
—
Tpmh Ents INC
—
Deed Of Trust
related
$1,020,000 · State Bank Of Texas
—
—
Tpmh Ents INC
—
Deed Of Trust
related
$390,000 · State Bank Of Texas
—
—
Le Nepton Investments LLC
—
Loan Modification, Consolidation And Extension
related
$725,521 · Stockmans Bk
—
—
Tpmh Ents INC
—
Deed Of Trust
related
$50,000 · United Central Bank
—
—
Richardson Retail Inv LLC
—
Deed Of Trust
related
$1,105,000 · State Bank Of Texas
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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