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Property profile & analytics
FOR SALE
Strip malls
9230 Skillman St Dallas, TX 75243
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5171457
For Sale
$600,000
9230 Skillman St, Dallas, TX 75243
View Listing →
Property summary
AI-generated overview
This exceptional investment opportunity presents a thriving retail property located at 9230 Skillman Street in Dallas, Texas, 75243. The property encompasses a total of 4,148 square feet situated on a 1.05-acre lot. It's a dual-tenant convenience center featuring a high-performing, corporately owned 7-Eleven store as its anchor tenant. The 7-Eleven occupies the entire space, ensuring 100% occupancy. The property boasts twelve gas pumps, catering to a significant volume of customers. Its prime location in a densely populated Northeast Dallas neighborhood ensures high visibility and accessibility, contributing to the strong performance of the 7-Eleven. The lease agreement includes rent bumps of 10% every five years, providing a predictable and growing income stream for the investor. This property is an ideal investment for those seeking a stable, high-performing retail asset with significant upside potential in a desirable Dallas location. The property's classification includes both Gas Station and Shopping Center subtypes.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Construction
TILT-UP CONCRETE
Total area
4,184 SF
Lot
1.1 ac (47,754 SF)
Zoning code
Z150
APN
008069000C01F0000
UPID
US82-5171457
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
-
FunK da Fried Fish & Chicken Restaurant Take-out & Catering
-
Western Union Bank Credit Union
-
7-Eleven Grocery & Convenience Store
-
Exxon Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
9230 Skillman LP
9230 Skillman LP
1 recorded transaction
Zoning & alternative use
Z150 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$490,000
+287.2%
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
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$490,000
Change: +287% · Conversion: Difficult
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
$143 / 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
$21,089
Tax year 2024
Assessed value
$870,000
Assessed 2024
Previous assessed
$870,000
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$382,030
Assessed improvement
$487,970
Land market value
$382,030
Improvement market value
$487,970
Total market value
$870,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1995
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,184 SF
Lot
1.1 ac (47,754 SF)
Zoning code
Z150
APN
008069000C01F0000
UPID
US82-5171457
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z150 · Dallas, TXZoning Z150 · permitted uses
Z150 · Dallas, 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
AUTO REPAIR, GARAGE
Est. value
$490,000
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
1995
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
9230 Skillman LP
Entity
Mailing address
3102 MAPLE AVE STE #500, DALLAS, TX 75201-1262
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
9230 Skillman LP
—
Deed Of Trust
related
$600,000 · First Nat'l Bk & Tr/mcalester
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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