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Property profile & analytics
FOR LEASE
Investment properties
1000 Texan Trl, Grapevine, TX 76051
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US82-3280216
For Lease
1 / 4
$23 SF/Yr
1000 Texan Trl, Grapevine, TX 76051
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Total area
49,926 SF
Lot
4.66 ac (202,990 SF)
APN
16061D-1-1
UPID
US82-3280216
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
-
Taeho Lee Alternative Medicine Practice
-
M. Joseph Koos Counseling Counselor Family Counselor
-
Jacobs Insurance Solutions Insurance Agency
-
WadeFX 3-D Graphics, LLC (Wade FX) Marketing & Advertising Advertising Agency
-
Concept Laser Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.15M
Blend (final)
Blend
$5.02M
Owner & transaction history
Grapevine Station LLC · 19 yrs held
Grapevine Station LLC
since 2006
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.3M
+1.1%
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 Grapevine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grapevine 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,255,000
Current use
RETAIL STORES
$4,300,000
Change: +1% · Conversion: Easy
RESTAURANT
$4,020,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$3,650,000
Change: -14% · Conversion: Easy
OFFICE BUILDING
$3,590,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$5.02M
Range $4.51M – $5.52M · ±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
$100 / 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
Tax billed
$145,849
Tax year 2023
Assessed value
$8,700,000
Assessed 2024
Previous assessed
$8,700,000
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$2,435,868
Assessed improvement
$6,264,132
Land market value
$2,435,868
Improvement market value
$6,264,132
Total market value
$8,700,000
Applied tax rate
224.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
2007
Heating
NONE
Stories
2
Total area
49,926 SF
Lot
4.66 ac (202,990 SF)
APN
16061D-1-1
UPID
US82-3280216
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.3M
RETAIL STORES
Est. value
$4.3M
RESTAURANT
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.6M
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
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
2007
Heating
NONE
Stories
2
Lot
4.66 ac
Current owner
From public records · entity-resolved
Grapevine Station LLC
Entity
Mailing address
1000 TEXAN TRL STE #200, GRAPEVINE, TX 76051-3777
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2008
—
Grapevine Station LLC
—
Deed Of Trust
related
$6,650,000 · Northstar Bank Of Texas
Oct 26, 2006
—
Grapevine Station LLC
Westwood Group Dev No II
Deed Of Trust
$6,650,000 · Northstar Bank Of Texas
—
—
Grapevine Station LLC
—
Deed Of Trust
related
$8,600,000 · Pinnacle Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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