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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Office buildings
818 Hwy 67 Cedar Hill, TX 75104-2102
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-7133226
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
FRAME
Total area
5,712 SF
Lot
0.5 ac (21,736 SF)
Zoning code
Z363
APN
160465000301R0000
UPID
US82-7133226
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
-
Family Medical Center-Cedar Hill Medical Clinic
-
Cedar Hill Eye Care Physician
-
Justin Obana Physician
-
Pixie-ish Beauty Bar Hair Salon Nail Salon
-
Kendra's House of Beauty Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$858k
Blend (final)
Blend
$855k
Owner & transaction history
818 Cedar Hill LLC · 4 yrs held
818 Cedar Hill LLC
since 2022
7 recorded transactions
Zoning & alternative use
Z363 · Cedar Hill, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+39.4%
Restaurant
$785,000
+7.6%
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 Cedar Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Hill 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
OFFICE BUILDING
$730,000
Current use
COMMERCIAL (GENERAL)
$1,020,000
Change: +39% · Conversion: Easy
RESTAURANT
$785,000
Change: +8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$670,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$150 / 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
$21,508
Tax year 2023
Assessed value
$925,340
Assessed 2023
Previous assessed
$925,340
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$130,420
Assessed improvement
$794,920
Land market value
$130,420
Improvement market value
$794,920
Total market value
$925,340
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
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
5,712 SF
Lot
0.5 ac (21,736 SF)
Zoning code
Z363
APN
160465000301R0000
UPID
US82-7133226
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z363 · Cedar Hill, TXZoning Z363 · permitted uses
Z363 · Cedar Hill, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
RESTAURANT
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$670,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2005
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
818 Cedar Hill LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2502 FEATHERSTONE CT, ARLINGTON, TX 76001-7005
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2022
—
818 Cedar Hill LLC
James K Smith
Special Warranty Deed
—
Aug 4, 2021
—
James K Smith
Charles A Foster
Venders Lien
$420,000 · Charles Foster
Nov 10, 2005
—
Charles A Foster
—
Trustees Deed
related
$657,000 · Bank Of America
Dec 22, 2004
—
Charles A Foster
Moore,john E JR & Mary
Warranty Deed
$50,000 · John & Mary Moore
—
—
Charles A Foster II
—
Loan Modification
related
$1,055,000 · Comerica Bk
—
—
Charles A Foster
—
Deed Of Trust
related
$1,055,000 · Comerica Bank
—
—
Charles A Foster
—
Deed Of Trust
related
$167,678 · Bank Of America
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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