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Property profile & analytics
OFF-MARKET
Estimated value
$4,945,000
Industrial properties
7121 Shelby Ave Greenville, TX 75402-6145
Entity Owned
Absentee Owner
Free & Clear
Property ID
US82-5152436
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Total area
1,040,000 SF
Lot
93.75 ac (4,083,619 SF)
APN
4823-0010-0010-41
UPID
US82-5152436
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
-
Fritz Industries Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.95M
Owner & transaction history
Orbis Corporation
Orbis Corporation
since 2026
7 recorded transactions
Zoning & alternative use
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$5 / 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
$497,410
Tax year 2023
Assessed value
$22,233,000
Assessed 2024
Previous assessed
$24,122,810
-7.8% YoY
Effective rate
2.24%
On assessed value
Assessed land
$2,747,970
Assessed improvement
$19,485,030
Land market value
$2,747,970
Improvement market value
$19,485,030
Total market value
$22,233,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Total area
1,040,000 SF
Lot
93.75 ac (4,083,619 SF)
APN
4823-0010-0010-41
UPID
US82-5152436
Jurisdiction
HUNT
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
1979
Heating
NONE
Stories
1
Lot
93.75 ac
Current owner
From public records · entity-resolved
Orbis Corporation
Entity
Free & Clear · 0 yrs held
Mailing address
120 BROADWAY STE #2120, NEW YORK, NY 10271-2701
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2026
—
Orbis Corporation
Shelby 7121 Partnership LLC
Special Warranty Deed
—
Dec 28, 2020
—
Shelby 7121 Ptshp LLC
Fritz Industries INC
Grant Deed
$19,750,000 · Cerco Bridge Loans 6 LLC
Apr 13, 2020
—
Fritz Industries INC
—
Deed
related
$44,800,000 · Wells Fargo Bk
Dec 11, 2018
—
Fritz Industries INC
—
Deed
related
$978,444 · Wells Fargo Bk
Jan 3, 2018
—
Fritz Industries INC
—
Deed
related
$14,800 · Wells Fargo Bk
May 1, 2017
—
Fritz Industries INC
—
Loan Modification
related
$11,346,666 · Wells Fargo Bk
—
—
Fritz Industries INC
—
Loan Modification
related
$978,444 · Wells Fargo Bk
—
—
Fritz Industries INC
—
Loan Modification
related
$8,468,889 · Wells Fargo Bk
—
—
Fritz Industries INC
—
Loan Modification
related
$14,800 · Wells Fargo 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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