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Property profile & analytics
OFF-MARKET
Commercial land
K Ave Plano, TX 75074
Individually Owned
7-yr Hold
Free & Clear
Property ID
US83-0341294
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1977
Total area
14,040 SF
Lot
0.04 ac (1,742 SF)
Zoning code
COMM
APN
R-0341-00A-001R-1
UPID
US83-0341294
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
Heath Hodnett · 7 yrs held
Heath Hodnett
since 2018
7 recorded transactions
Zoning & alternative use
COMM · Plano, 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 Plano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plano 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 2022Property tax & assessments
Tax year 2022
Tax billed
$533
Tax year 2022
Assessed value
$29,621
Assessed 2023
Previous assessed
$27,878
+6.3% YoY
Effective rate
1.80%
On assessed value
Assessed land
$29,621
Land market value
$29,621
Total market value
$29,621
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
1977
Heating
NONE
Stories
1
Total area
14,040 SF
Lot
0.04 ac (1,742 SF)
Zoning code
COMM
APN
R-0341-00A-001R-1
UPID
US83-0341294
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
COMM · Plano, TX
Zoning COMM · permitted uses
COMM · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plano. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Heath Hodnett
Individual
Free & Clear · 7 yrs held
Mailing address
414 HIGH BRK DR, RICHARDSON, TX 75080-1836
Ownership since
2018
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
Sep 11, 2019
—
Hyw Investments LLC
—
Deed
related
$250,000 · Jp Morgan Chase Bk
Nov 21, 2018
—
Heath Hodnett
Ruschhaupt,richard E
Grant Deed
related
—
Nov 5, 2018
—
Hyw Investments LLC
—
Deed
related
$1,360,000 · Jp Morgan Chase Bk
Aug 8, 2016
—
Heath Hodnett
Ruschhaupt,richard E & Ross E
Grant Deed
$187,052 · American Nat'l Bk/tx
Dec 29, 2004
—
Ruschhaupt Trust
Ruschhaupt,albert A
Quit Claim Deed
related
$92,945 · Ruschhaupt Trust (tr)
—
—
Hyw Investments LLC
—
Deed Of Trust
related
$1,360,000 · Jp Morgan Chase Bk
—
—
Hyw Investments LLC
—
Deed Of Trust
related
$250,000 · Jp Morgan Chase Bk
—
—
Ruschhaupt,richard E
—
Deed Of Trust
related
$578,250 · Independent Bk Teravista
—
—
Richard E Ruschhaupt
—
Deed Of Trust
related
$939,255 · Independent 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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