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Property profile & analytics
OFF-MARKET
Estimated value
$32,130,000
Apartment buildings
8749 Southwestern Blvd Dallas, TX 75206-2702
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4012674
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2012
Construction
FRAME
Total area
302,553 SF
Lot
15.59 ac (679,013 SF)
Zoning code
Z239
APN
394918000000
UPID
US82-4012674
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
-
The Village Upper East Side Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$24.83M
Blend (final)
Blend
$32.13M
Owner & transaction history
Fm Village Fixed Rate LLC · 11 yrs held
Fm Village Fixed Rate LLC
since 2015
2 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$44.0M
+135.0%
Office building
$37.1M
+97.8%
Auto repair, garage
$35.3M
+88.3%
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$44,040,000
Change: +135% · Conversion: Difficult
OFFICE BUILDING
$37,070,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$35,285,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$35,120,000
Change: +87% · Conversion: Difficult
MEDICAL BUILDING
$20,525,000
Change: +10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$19,485,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$32.13M
Range $28.92M – $35.34M · ±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
$106 / 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
$1,571,925
Tax year 2023
Assessed value
$68,500,000
Assessed 2023
Previous assessed
$68,500,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$10,185,200
Assessed improvement
$58,314,800
Land market value
$10,185,200
Improvement market value
$58,314,800
Total market value
$68,500,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2012
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
322
Total area
302,553 SF
Lot
15.59 ac (679,013 SF)
Zoning code
Z239
APN
394918000000
UPID
US82-4012674
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · 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
RESTAURANT
Est. value
$44.0M
OFFICE BUILDING
Est. value
$37.1M
AUTO REPAIR, GARAGE
Est. value
$35.3M
RETAIL STORES
Est. value
$35.1M
MEDICAL BUILDING
Est. value
$20.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.5M
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2012
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
322
Lot
15.59 ac
Current owner
From public records · entity-resolved
Fm Village Fixed Rate LLC
Entity
Mailing address
2000 MCKINNEY AVE STE #1000, DALLAS, TX 75201-2027
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2015
—
Fm Village Fixed Rate LLC
PC Village Apartments Dallas L
Trustees Deed
$18,349,000 · Holliday Fenoglio Fowler
—
—
Fm Village Fixed Rate LLC
—
Deed Of Trust
related
$38,542,000 · Holliday Fenoglio Fowler
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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