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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office buildings
7900 Henneman Way Mckinney, TX 75070-2914
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US83-4086874
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
20,819 SF
Lot
1.66 ac (72,135 SF)
APN
R-9005-00A-0010-1
UPID
US83-4086874
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
-
Christine Baidwan, MD Physician
-
Wan Christine MD Physician
-
Brittnee Mccutchin Physician
-
Robin Evenson Practitioner Service Location Midwife
-
Advanced Medical Enterprises Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$548k
Blend (final)
Blend
$630k
Owner & transaction history
Shimer Properties LLP · 21 yrs held
Shimer Properties LLP
since 2004
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 Mckinney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mckinney 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
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$30 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$32,345
Tax year 2022
Assessed value
$1,996,430
Assessed 2023
Previous assessed
$1,600,000
+24.8% YoY
Effective rate
1.62%
On assessed value
Assessed land
$937,646
Assessed improvement
$1,058,784
Land market value
$937,646
Improvement market value
$1,058,784
Total market value
$1,996,430
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
20,819 SF
Lot
1.66 ac (72,135 SF)
APN
R-9005-00A-0010-1
UPID
US83-4086874
Jurisdiction
COLLIN
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
2005
Heating
NONE
Stories
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
Shimer Properties LLP
Entity
Mailing address
7900 HENNEMAN WAY STE #100, MCKINNEY, TX 75070-2906
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2018
—
Shimer Properties LLP
—
Deed
related
$291,400 · Independent Bk
Dec 27, 2017
—
Shimer Properties LLP
—
Deed
related
$291,400 · Independent Bk
May 2, 2017
—
Shimer Properties LLP
—
Deed
related
$240,000 · Independent Bk
Mar 5, 2008
—
Shimer Properties LLP
—
Trustees Deed
related
$95,489 · Independent Bank
Aug 23, 2004
—
Shimer Properties LLP
Vcim Partners
Grant Deed
$404,800 · Independent Bank
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$84,700 · Independent Bank
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$50,000 · Independent Bank
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$110,000 · Independent Bank
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$145,000 · Independent Bank
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$240,000 · Independent Bk
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$291,400 · Independent Bk
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$291,400 · Independent Bk
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$35,000 · Independence Bank Fsb
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$91,550 · Independent Bank
—
—
Shimer Properties LLP
—
Deed Of Trust
related
$84,700 · Independent Bank
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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