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Property profile & analytics
OFF-MARKET
Medical Office Space
951 York Dr Ste 101 Desoto, TX 75115-2052
Entity Owned
6-yr Hold
Free & Clear
Property ID
US83-3801596
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
FRAME
Total area
2,712 SF
Lot
0.74 ac (32,278 SF)
Zoning code
Z206
APN
20005550000010100
UPID
US83-3801596
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hoppenstein Prperties INC · 6 yrs held
Hoppenstein Prperties INC
since 2020
5 recorded transactions
Zoning & alternative use
Z206 · Desoto, 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 Desoto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desoto 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,235
Tax year 2023
Assessed value
$399,220
Assessed 2023
Previous assessed
$399,220
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$76,930
Assessed improvement
$322,290
Land market value
$76,930
Improvement market value
$322,290
Total market value
$399,220
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,712 SF
Lot
0.74 ac (32,278 SF)
Zoning code
Z206
APN
20005550000010100
UPID
US83-3801596
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z206 · Desoto, TX
Zoning Z206 · permitted uses
Z206 · Desoto, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desoto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Hoppenstein Prperties INC
Entity
Free & Clear · 6 yrs held
Mailing address
1131 ROCKINGHAM DR STE #128, RICHARDSON, TX 75080-4326
Ownership since
2020
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
Mar 16, 2020
—
Hoppenstein Prperties INC
Porter Real Proprties LLC
Warranty Deed
related
—
Feb 8, 2013
—
Porter Real Properties LLC
—
Deed Of Trust
related
$2,413,385 · Capital One
Sep 27, 2007
—
Porter Real Properties LLC
Wishard,bruce
Grant Deed
$2,859,559 · Capital One
Apr 14, 2003
—
Bruce Wishard
Thomas & Boren PC
Grant Deed
$1,449,624 · Stillwater Nat'l Bank & Trust
—
—
Porter Real Properties LLC
—
Deed Of Trust
related
$2,712,238 · Capital One
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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