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Property profile & analytics
OFF-MARKET
Commercial land
State Hwy 121 Plano, TX 75024
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-8111713
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Construction
WOOD FRAME
Total area
1,300 SF
Lot
2.23 ac (97,052 SF)
Zoning code
RESI
APN
R-8660-00B-0010-1
UPID
US82-8111713
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
Land Partner Funding LLC · 2 yrs held
Land Partner Funding LLC
since 2024
7 recorded transactions
Zoning & alternative use
RESI · 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
$29,396
Tax year 2022
Assessed value
$1,746,695
Assessed 2023
Previous assessed
$1,746,695
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$1,746,695
Land market value
$1,746,695
Total market value
$1,746,695
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
1950
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,300 SF
Lot
2.23 ac (97,052 SF)
Zoning code
RESI
APN
R-8660-00B-0010-1
UPID
US82-8111713
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
RESI · Plano, TX
Zoning RESI · permitted uses
RESI · 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
1950
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Land Partner Funding LLC
Entity
Free & Clear · 2 yrs held
Mailing address
314 HARRIETT ST, ARLINGTON, TX 76010-2231
Ownership since
2024
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
Apr 16, 2024
—
Land Partner Funding LLC
7 Hills Developers LLC
Deed
—
Dec 4, 2023
—
Shenea Romero
7 Hills Developers LLC
Warranty Deed
—
May 30, 2018
—
7 Hills Developers LLC
Cadg Property Holdings IV LLC
Grant Deed
related
—
Mar 5, 2018
—
Cadg Property Holdings IV LLC
—
Deed
related
$1,000,000 · Texas Henderson LLC
Sep 27, 2017
—
Cadg Property Holdings IV LLC
—
Deed
related
$1,000,000 · Texas Henderson LLC
Oct 6, 2016
—
Cadg Property Holdings IV LLC
Mm Plano 54 LLC
Grant Deed
related
$1,000,000 · Texas Henderson LLC
Jul 23, 2015
—
Mm Plano 54 LLC
Headquarters-121 Venture Ltd
Trustees Deed
$9,750,000 · Other Institutional Lenders
Nov 30, 2005
—
Headquarters 121 Venture Ltd
Pickens Investments
Grant Deed
related
—
—
—
Cadg Property Holdings IV LLC
—
Loan Modification
related
$1,000,000 · Texas Henderson LLC
—
—
Cadg Property Holdings IV LLC
—
Loan Modification
related
$1,000,000 · Texas Henderson LLC
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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