Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$16,865,000
Apartment buildings
7100 10th Memorial Rd Dallas, TX 75223
Individually Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0759989
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
FRAME
Total area
152,573 SF
Lot
5.25 ac (228,777 SF)
Zoning code
Z62
APN
226811000000
UPID
US82-0759989
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.07M
Blend (final)
Blend
$16.87M
Owner & transaction history
San Mateo Forest Apartments · 25 yrs held
San Mateo Forest Apartments
since 2001
3 recorded transactions
Zoning & alternative use
Z62 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$21.5M
+64.3%
Retail stores
$18.4M
+40.9%
Auto repair, garage
$17.8M
+36.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$13,060,000
Current use
RESTAURANT
$21,450,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$18,405,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,795,000
Change: +36% · Conversion: Difficult
WAREHOUSE, STORAGE
$15,565,000
Change: +19% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$11,225,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$16.87M
Range $15.18M – $18.55M · ±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
$111 / 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
$344,217
Tax year 2023
Assessed value
$15,000,000
Assessed 2023
Previous assessed
$15,000,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,143,910
Assessed improvement
$13,856,090
Land market value
$1,143,910
Improvement market value
$13,856,090
Total market value
$15,000,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
170
Total area
152,573 SF
Lot
5.25 ac (228,777 SF)
Zoning code
Z62
APN
226811000000
UPID
US82-0759989
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z62 · Dallas, TX
Zoning Z62 · permitted uses
Z62 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$13.1M
RESTAURANT
Est. value
$21.5M
RETAIL STORES
Est. value
$18.4M
AUTO REPAIR, GARAGE
Est. value
$17.8M
WAREHOUSE, STORAGE
Est. value
$15.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.2M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1973
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
170
Lot
5.25 ac
Current owner
From public records · entity-resolved
San Mateo Forest Apartments
Individual
Mailing address
1417 E INTERSTATE 30TH 1ST STE #1, GARLAND, TX 75043-4787
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2013
—
San Mateo Forest Apartments Ll
—
Deed Of Trust
related
$4,130,000 · Centerline Mortgage Capital
Feb 28, 2001
—
San Mateo Forest Apartments
San Mateo Forest LP
Quit Claim Deed
related
$3,400,000 · La Jolla Savings Bank
—
—
San Mateo Forest Apartments Ll
—
Deed Of Trust
related
$5,780,000 · General Electric Capital Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7100 10th Memorial Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
