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Property profile & analytics
OFF-MARKET
Drive through restaurants
8045 Frst Ln Dallas, TX 75243-3801
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-2477064
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2001
Construction
TILT-UP CONCRETE
Total area
1,457 SF
Lot
0.87 ac (37,767 SF)
Zoning code
Z151
APN
007748000A12A0000
UPID
US82-2477064
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
-
Sonic Drive-In Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
8045 Forest Lane LLC · 5 yrs held
8045 Forest Lane LLC
since 2020
7 recorded transactions
Zoning & alternative use
Z151 · Dallas, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$28,089
Tax year 2023
Assessed value
$1,158,750
Assessed 2023
Previous assessed
$1,158,750
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$755,340
Assessed improvement
$403,410
Land market value
$755,340
Improvement market value
$403,410
Total market value
$1,158,750
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2001
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,457 SF
Lot
0.87 ac (37,767 SF)
Zoning code
Z151
APN
007748000A12A0000
UPID
US82-2477064
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z151 · Dallas, TX
Zoning Z151 · permitted uses
Z151 · 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.
Building & site characteristics
From public records
Year built
2001
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
8045 Forest Lane LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3696 N FEDERAL HWY STE #203, FORT LAUDERDALE, FL 33308-6262
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2020
—
8045 Forest Lane LLC
Ccp Forestcent I LP
Grant Deed
related
—
Dec 11, 2014
—
Forest Park Flats Partners LP
—
Grant Deed
related
$29,422,587 · Nxt Cap
Oct 31, 2014
—
Forest Park Flats Partners LP
Wrc Central Forest LP
Quit Claim Deed
related
—
Apr 11, 2011
—
Wrc Central Forest LP
—
Loan Modification
related
$1,384,478 · Live Oak St Bk
Apr 15, 2010
—
Wrc Central Forest LP
—
Loan Modification
related
$1,420,000 · Live Oak St Bk
Apr 27, 2009
—
Wrc Central Forest
—
Loan Modification, Consolidation And Extension
related
$6,208,820 · Texas Lbg Lender LP
Feb 6, 2009
—
Wrc Central Forest
—
Loan Modification, Consolidation And Extension
related
$6,208,820 · Texas Lbg Lender LP
Jan 8, 2009
—
Wrc Central Forest
—
Loan Modification, Consolidation And Extension
related
$19,900,000 · Texas Lbg Lender LP
Mar 5, 2008
—
Ccp Forestcent I LP
Owner Name Unavailable
Grant Deed
related
$4,680,000 · Northstar Bank Of Texas
Dec 27, 2006
—
Central Forest Wrc
Tri State Theatres
Grant Deed
$19,900,000 · Wrightwood Cap Lender LLC
—
—
Wrc Central Forest LP
—
Loan Modification
related
$1,347,000 · Live Oak St Bk
—
—
Wrc Central Forest LP
—
Loan Modification
related
$569,806 · Live Oak State Bank
—
—
Ccp Forestcent I LP
—
Deed Of Trust
related
$5,800,000 · Viewpoint Bank
—
—
Wrc Central Forest LP
—
Loan Modification
related
$1,420,000 · Independent 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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