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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Office buildings
828 Carrier Pkwy Grand Prairie, TX 75051-1517
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3108492
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2014
Construction
FRAME
Total area
7,400 SF
Lot
0.64 ac (27,704 SF)
Zoning code
Z236
APN
282260000103R0000
UPID
US82-3108492
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
-
Grand Prairie WIC Office Charitable Organization Social Service Agency
-
WIC Social Service Agency Charitable Organization
-
Grocery Services North - WIC Accepted Here Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$902k
Blend (final)
Blend
$975k
Owner & transaction history
Svea Db Holdings II LLC · 2 yrs held
Svea Db Holdings II LLC
since 2024
7 recorded transactions
Zoning & alternative use
Z236 · Grand Prairie, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$990,000
+55.6%
Restaurant
$950,000
+49.1%
Retail stores
$705,000
+10.3%
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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$635,000
Current use
COMMERCIAL (GENERAL)
$990,000
Change: +56% · Conversion: Easy
RESTAURANT
$950,000
Change: +49% · Conversion: Moderate
RETAIL STORES
$705,000
Change: +10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$690,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$650,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$132 / 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
$32,779
Tax year 2023
Assessed value
$1,425,000
Assessed 2023
Previous assessed
$1,425,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$207,780
Assessed improvement
$1,217,220
Land market value
$207,780
Improvement market value
$1,217,220
Total market value
$1,425,000
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
2014
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
7,400 SF
Lot
0.64 ac (27,704 SF)
Zoning code
Z236
APN
282260000103R0000
UPID
US82-3108492
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Grand Prairie, TX
Zoning Z236 · permitted uses
Z236 · Grand Prairie, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Prairie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$990,000
RESTAURANT
Est. value
$950,000
RETAIL STORES
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$690,000
MEDICAL BUILDING
Est. value
$650,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2014
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Svea Db Holdings II LLC
Entity
Mailing address
1614 LAVACA ST, AUSTIN, TX 78701-1314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Feb 15, 2024
—
Svea Db Holdings II LLC
Svea Industrial I LLC
Correction Deed
related
—
Jul 20, 2021
—
Svea Db Holdings II LLC
Svea Industrial Holdings LLC
Warranty Deed
—
Oct 24, 2019
—
Svea Industrial I LLC
Columbia Colson Corp
Trustees Deed
$6,370,000 · Firstmark Cu
Oct 7, 2019
—
Columbia Colson Corp
—
Deed
related
$650,000 · Community Dev Commission
Feb 27, 2014
—
Columbia Colson Corp
Cedar Prairie Properties
Warranty Deed
—
—
—
Columbia Colson Corp
—
Deed Of Trust
related
$650,000 · Community Dev Commission
—
—
Columbia Colson Corp
—
Loan Modification
related
$650,000 · Community Dev Commission
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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