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Property profile & analytics
OFF-MARKET
Estimated value
$4,870,000
Apartment buildings
744 Brick Row Dr Richardson, TX 75081-4939
Entity Owned
3-yr Hold
Property ID
US82-1947799
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2009
Construction
FRAME
Total area
289,023 SF
Lot
3.82 ac (166,399 SF)
Zoning code
Z236
APN
421046500M01B0000
UPID
US82-1947799
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
-
Refresh Thai Spa Alternative Medicine Practice Spa & Massage Center
-
Coach Kay Life Coach
-
Tina Swain - Speaker | Coach | Trainer Life Coach
-
Adam's Travel Travel Agency
-
GlassCracks Windshield Repair General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.87M
Owner & transaction history
Shlp Brick Row LLC · 3 yrs held
Shlp Brick Row LLC
since 2022
6 recorded transactions
Zoning & alternative use
Z236 · 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
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)
$6,940,000
Current use
Blend value · Realmo final
$4.87M
Range $4.38M – $5.36M · ±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
$17 / 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
$1,121,519
Tax year 2023
Assessed value
$49,860,880
Assessed 2023
Previous assessed
$49,860,880
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$998,390
Assessed improvement
$48,862,490
Land market value
$998,390
Improvement market value
$48,862,490
Total market value
$49,860,880
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
2009
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
3
Units
247
Total area
289,023 SF
Lot
3.82 ac (166,399 SF)
Zoning code
Z236
APN
421046500M01B0000
UPID
US82-1947799
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Richardson, TX
Zoning Z236 · permitted uses
Z236 · Richardson, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richardson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS) Current
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
2009
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Units
247
Lot
3.82 ac
Current owner
From public records · entity-resolved
Shlp Brick Row LLC
Entity
Mailing address
7601 E TECHNOLOGY WAY STE #600, DENVER, CO 80237-3190
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
—
Shlp Brick Row LLC
Brick Row Apartments LLC
Special Warranty Deed
$270,000 · Wells Fargo Bank NA
Jul 2, 2012
—
Brick Row Apartments LLC
Centennial Park Richardson Ltd
Trustees Deed
$38,000,000 · Miscellaneous Ins Co
Feb 10, 2012
—
Centennial Park Richardson Ltd
—
Deed Of Trust
related
$39,877,933 · Branch Banking & Trust Co
Jun 15, 2007
—
Centennial Pk Richardson
Owner Name Unavailable
Grant Deed
related
$10,240,000 · Private Individual
—
—
Centennial Park Richardson Ltd
—
Deed Of Trust
related
$118,362 · Branch Banking & Trust Co
—
—
Brick Row Apartments LLC
—
Deed Of Trust
related
$2,000,000 · Prudential Insurance Co Americ
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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