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Property profile & analytics
FOR LEASE
Warehouses
9244 Markville Dr Dallas, TX 75243
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US82-0808834
For Lease
1 / 3
$9.25 SF/Yr
9244 Markville Dr, Dallas, TX 75243
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1970
Construction
TILT-UP CONCRETE
Total area
51,172 SF
Lot
2.36 ac (102,932 SF)
Zoning code
Z151
APN
008414000101A0000
UPID
US82-0808834
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
-
Medisend College of Biomedical Engineering Technology College Educational Institution
-
LEDSION LIGHTING Industrial Manufacturer
-
Pace Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.33M
Owner & transaction history
Medisend Of International · 21 yrs held
Medisend Of International
since 2005
7 recorded transactions
Zoning & alternative use
Z151 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.0M
+41.6%
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
$1,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,430,000
Current use
INDUSTRIAL (GENERAL)
$2,025,000
Change: +42% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±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
$26 / 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
Assessed value
$2,917,850
Assessed 2023
Previous assessed
$2,917,850
+0.0% YoY
Assessed land
$1,029,540
Assessed improvement
$1,888,310
Land market value
$1,029,540
Improvement market value
$1,888,310
Total market value
$2,917,850
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
1970
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
PARTIAL
Buildings
2
Stories
1
Units
1
Total area
51,172 SF
Lot
2.36 ac (102,932 SF)
Zoning code
Z151
APN
008414000101A0000
UPID
US82-0808834
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z151 · Dallas, TX
Zoning Z151 · permitted uses
Z151 · 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
WAREHOUSE, STORAGE Current
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
1970
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Medisend Of International
Individual
Mailing address
9244 MARKVILLE DR, DALLAS, TX 75243-4404
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
—
Medisend College Of Biomedical Eng
—
Deed
related
$500,000 · Citizens National Bank
Dec 16, 2020
—
Mediseni Clg Of Biomedical Engine
—
Deed
related
$1,512,817 · Verabank NA
Dec 2, 2019
—
Medisend Clg Of Biomedica Enginee
—
Deed
related
$1,500,000 · Verabank NA
Jun 14, 2005
—
Medisend Of International
Markville Holdings Ltd
Grant Deed
$1,350,000 · Comerica Bank
—
—
Medisend Of International
—
Loan Modification
related
$1,350,000 · Comerica Bank
—
—
Medisend Of International
—
Deed Of Trust
related
$600,000 · Comerica Bk
—
—
Medisend Clg Of Biomedica Enginee
—
Deed Of Trust
related
$1,500,000 · Verabank NA
—
—
Ergobilt INC
—
Deed Of Trust
related
$5,000,000 · Comerica Bank Texas
—
—
Medisend Of International
—
Loan Modification
related
$600,000 · Comerica Bk
—
—
Mediseni Clg Of Biomedical Engine
—
Loan Modification
related
$1,512,817 · Verabank NA
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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