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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Car washes
8612 Spg Vly Rd Dallas, TX 75240-4110
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0742727
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2016
Construction
TILT-UP CONCRETE
Total area
4,815 SF
Lot
0.89 ac (38,558 SF)
Zoning code
Z179
APN
776000000060000
UPID
US82-0742727
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
-
Clean N Shine Express Carwash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$794k
Blend (final)
Blend
$600k
Owner & transaction history
J E M Family Enterprizes LLC · 18 yrs held
J E M Family Enterprizes LLC
since 2008
6 recorded transactions
Zoning & alternative use
Z179 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$680,000
+20.8%
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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$560,000
Current use
COMMERCIAL (GENERAL)
$680,000
Change: +21% · Conversion: Moderate
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$125 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$25,285
Tax year 2024
Assessed value
$1,043,100
Assessed 2024
Previous assessed
$1,043,100
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$308,460
Assessed improvement
$734,640
Land market value
$308,460
Improvement market value
$734,640
Total market value
$1,043,100
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2016
Construction
TILT-UP CONCRETE
Heating
YES
Stories
1
Units
7
Total area
4,815 SF
Lot
0.89 ac (38,558 SF)
Zoning code
Z179
APN
776000000060000
UPID
US82-0742727
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z179 · Dallas, TX
Zoning Z179 · permitted uses
Z179 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$680,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
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
2016
Construction
TILT-UP CONCRETE
Heating
YES
Stories
1
Units
7
Lot
0.89 ac
Current owner
From public records · entity-resolved
J E M Family Enterprizes LLC
Entity
Mailing address
660 LAVERTON DR, FRISCO, TX 75036-6210
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2016
—
Jem Family Enterprizes LLC
—
Trustees Deed
related
$2,250,000 · Freedom Bk/ok
Apr 17, 2008
—
J E M Family Enterprizes LLC
John Malchi
Warranty Deed
$463,000 · The Laredo National Bank
Feb 28, 2008
$332,500
John Malchi
Serafino,v Charles
Trustees Deed
related
—
Feb 6, 2008
$332,500
John Malchi
Serafino,v Charles
Trustees Deed
related
—
May 15, 2002
—
May INC
Pemmican INC
Grant Deed
$809,000 · Comerica Bank Texas
—
—
Jem Family Enterprizes LLC
—
Loan Modification
related
$2,404,739 · Oklahoma Cap 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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