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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Turn key restaurants
7515 Grand Ave Dallas, TX 75214-4136
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US83-4014523
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Construction
FRAME
Total area
5,102 SF
Lot
0.51 ac (22,250 SF)
Zoning code
Z59
APN
002738000E0120000
UPID
US83-4014523
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
-
Sales Mexico Lindo Restaurant Inc Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$610k
Owner & transaction history
Sales Mexico Lindo Restaurant · 22 yrs held
Sales Mexico Lindo Restaurant
since 2003
7 recorded transactions
Zoning & alternative use
Z59 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$760,000
+6.2%
Commercial (general)
$750,000
+4.5%
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
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$715,000
Current use
RETAIL STORES
$760,000
Change: +6% · Conversion: Easy
COMMERCIAL (GENERAL)
$750,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$595,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$120 / 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
$37,519
Tax year 2023
Assessed value
$1,634,990
Assessed 2023
Previous assessed
$1,634,990
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$667,500
Assessed improvement
$967,490
Land market value
$667,500
Improvement market value
$967,490
Total market value
$1,634,990
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
5,102 SF
Lot
0.51 ac (22,250 SF)
Zoning code
Z59
APN
002738000E0120000
UPID
US83-4014523
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z59 · Dallas, TX
Zoning Z59 · permitted uses
Z59 · 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
RESTAURANT Current
Est. value
$715,000
RETAIL STORES
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$595,000
RESTAURANT Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
2004
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Sales Mexico Lindo Restaurant
Individual
Mailing address
7515 E GRAND AVE, DALLAS, TX 75214-4136
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2018
—
Sales Mexico Lindo Restaurant & Son
—
Deed
related
$129,219 · Midsouth Bank
Feb 26, 2018
—
Sales Mexico Lindo Restaurant
—
Deed
related
$429,654 · Mid South Bk
Sep 16, 2003
—
Sales Mexico Lindo Restaurant
Keller,jacqueline & William D
Grant Deed
$190,000 · Jacqueline & William D Keller
—
—
Sales Mexico Lindo Restaurant
—
Deed Of Trust
related
$429,654 · Mid South Bank
—
—
Sales Mexico Lindo Restaurant
—
Deed Of Trust
related
$84,725 · Laredo National Bank
—
—
Sales Mexico Lindo Restaurant
—
Deed Of Trust
related
$550,000 · First Bank
—
—
Sales Mexico Lindo Restaurant
—
Loan Modification
related
$429,654 · Mid South 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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