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Property profile & analytics
FOR SALE
Strip malls
8701 Liberty Grove Rd Rowlett, TX 75089
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3971382
For Sale
1 / 18
$400,000
8701 Liberty Grove Rd, Rowlett, TX 75089
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Construction
FRAME
Total area
16,640 SF
Lot
1.99 ac (86,467 SF)
Zoning code
Z236
APN
441236100A0010000
UPID
US82-3971382
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
-
Jay Jaroszewski: Allstate Insurance Insurance Agency
-
Rowlett Security Solutions Security Service
-
Arboledas Restaurant
-
Marco's Pizza Restaurant
-
Choice Insurance Group Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$568k
Blend (final)
Blend
$555k
Owner & transaction history
Waterview Plaza LLC · 19 yrs held
Waterview Plaza LLC
since 2007
5 recorded transactions
Zoning & alternative use
Z236 · Rowlett, 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 Rowlett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rowlett 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Current use
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$33 / 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
$61,471
Tax year 2023
Assessed value
$2,662,400
Assessed 2023
Previous assessed
$2,662,400
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$302,640
Assessed improvement
$2,359,760
Land market value
$302,640
Improvement market value
$2,359,760
Total market value
$2,662,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
2014
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
16,640 SF
Lot
1.99 ac (86,467 SF)
Zoning code
Z236
APN
441236100A0010000
UPID
US82-3971382
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Rowlett, TXZoning Z236 · permitted uses
Z236 · Rowlett, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$670,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
1.99 ac
Current owner
From public records · entity-resolved
Waterview Plaza LLC
Entity
Mailing address
1921 UPLANDS DR, PLANO, TX 75025-3053
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2012
—
Waterview Plaza LLC
—
Trustees Deed
related
$1,120,000 · Pinnacle Bk/wy Cheyenne Br
Jun 4, 2007
—
Waterview Plaza LLC
Waterview Retail LLC
Quit Claim Deed
related
$500,000 · First Bank
—
—
Waterview Plaza LLC
—
Loan Modification
related
$1,120,000 · Pinnacle Bk
—
—
Waterview Plaza LLC
—
Loan Modification
related
$1,120,000 · Pinnacle Bank
—
—
Waterview Plaza LLC
—
Loan Modification
related
$1,071,948 · Pinnacle 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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