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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Parking lots & garages
8111 Lyndon B Johnson Fwy, Dallas, TX 75251-1313
Entity Owned
7-yr Hold
Free & Clear
Property ID
US82-1409968
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1982
Construction
FRAME
Total area
317,688 SF
Lot
4.14 ac (180,338 SF)
Zoning code
Z151
APN
0077560E0009B0000
UPID
US82-1409968
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
-
Dallas Fence General Contractor Construction Company
-
Modern Tile & Stone General Contractor Renovation Specialist
-
Dallas Fort Worth Therapist Crisis Center Medical Clinic
-
PrismTelemanagement.com Construction Company
-
Look 4 Electric Electric Utility Company Public Utility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.25M
Owner & transaction history
Hartman Spe LLC · 7 yrs held
Hartman Spe LLC
since 2018
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
Method
Estimation
Statistic approach
by Request
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±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
$4 / 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
$488,887
Tax year 2023
Assessed value
$20,168,230
Assessed 2023
Previous assessed
$20,168,230
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$2,704,920
Assessed improvement
$17,463,310
Land market value
$2,704,920
Improvement market value
$17,463,310
Total market value
$20,168,230
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
5
Total area
317,688 SF
Lot
4.14 ac (180,338 SF)
Zoning code
Z151
APN
0077560E0009B0000
UPID
US82-1409968
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
1982
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
5
Buildings
2
Lot
4.14 ac
Current owner
From public records · entity-resolved
Hartman Spe LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2909 HILLCROFT ST STE #420, HOUSTON, TX 77057-5815
Ownership since
2018
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
Oct 2, 2018
—
Hartman Spe LLC
Hartman 1960 Properties LLC
Quit Claim Deed
—
Dec 1, 2014
$179,685
Nile Martinez
Jimmy C Marks
Warranty Deed
$179,685 · Aspire Financial INC
Aug 5, 2010
—
Hartman 1960 Properties LLC
Koll Bren Fund V LP
Grant Deed
$7,575,000 · Texas Capital Bank NA
Aug 3, 2009
—
Bren Fund V Koll
—
Deed Of Trust
related
$12,000,000 · American Investors Life Ins
—
—
Bren Fund V LP Koll
—
Deed Of Trust
related
$5,657,565 · Aviva Life & Annuity Co
—
—
Hartman 1960 Properties LLC
—
Deed Of Trust
related
$19,075,000 · Symetra Life Insurance Co
—
—
Bren Fund V LP Koll
—
Deed Of Trust
related
$2,870,833 · Aviva Life & Annuity Co
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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