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Property profile & analytics
OFF-MARKET
Estimated value
$1,880,000
Commercial land
John W Elliott Dr Frisco, TX 75033
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-0320714
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2020
Total area
63,688 SF
Lot
2.29 ac (99,622 SF)
Zoning code
COMM
APN
R-10912-00A-0020-1
UPID
US83-0320714
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
$1.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$1.88M
Owner & transaction history
Frisco Fm I LLC · 8 yrs held
Frisco Fm I LLC
since 2017
7 recorded transactions
Zoning & alternative use
COMM · Frisco, 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 Frisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frisco 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
$1,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.88M
Range $1.69M – $2.07M · ±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
$30 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$45,264
Tax year 2022
Assessed value
$2,490,543
Assessed 2023
Previous assessed
$2,390,921
+4.2% YoY
Effective rate
1.82%
On assessed value
Assessed land
$2,490,543
Land market value
$2,490,543
Total market value
$2,490,543
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2020
Heating
NONE
Stories
2
Total area
63,688 SF
Lot
2.29 ac (99,622 SF)
Zoning code
COMM
APN
R-10912-00A-0020-1
UPID
US83-0320714
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
COMM · Frisco, TX
Zoning COMM · permitted uses
COMM · Frisco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frisco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
NONE
Stories
2
Lot
2.29 ac
Current owner
From public records · entity-resolved
Frisco Fm I LLC
Entity
Mailing address
4950 WESTGROVE DR STE #105, DALLAS, TX 75248-1948
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2019
—
Frisco Fm I LLC
—
Deed
related
$2,725,000 · Texas Bk
Dec 18, 2019
—
Frisco Fm I LLC
—
Loan Modification
related
$1,799,143 · Texas Bk
Dec 16, 2019
—
Frisco Fm I LLC
—
Loan Modification
related
$6,190,824 · Texas Bk
Jun 14, 2018
—
Twilight Hospitality LP
—
Deed
related
$8,277,750 · First United Bk
Dec 4, 2017
—
Frisco Fm I LLC
Frisco Fresh Market LLC
Quit Claim Deed
related
$6,350,000 · Texas Bk
Aug 1, 2017
—
Twilight Hospitality LP
Frisco Fresh Market LLC
Grant Deed
related
—
Feb 14, 2017
—
Frisco Fresh Market LLC
—
Grant Deed
related
$1,850,000 · Texas Bk
—
—
Frisco Fm I LLC
—
Loan Modification
related
$2,725,000 · Texas Bk
—
—
Twilight Hospitality LP
—
Deed Of Trust
related
$8,277,750 · First United 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.
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