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Property profile & analytics
OFF-MARKET Estimated value $800,000
Motels

1008 Sheppard Rd Burkburnett, TX 76354-3102

48,100 SF 1.66 ac lot Built 2006
Entity Owned 1-yr Hold Free & Clear
Property ID
US82-6958183
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 2006
Total area 48,100 SF
Lot 1.66 ac (72,183 SF)
Zoning code C/B
APN 5N01 040 05
UPID US82-6958183
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
  • Quality Inn & Suites Hotel & Motel
  • Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
by Request
Comparable Approach Comparable
$838k
Blend (final) Blend
$800k
Owner & transaction history
Viridis Burkburnett LLC · 1 yrs held
Viridis Burkburnett LLC
since 2024
3 recorded transactions
2024
Price N/A
2022
Price N/A
2017
Price N/A
Zoning & alternative use
C/B · Burkburnett, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 20 C/B -- COMMERCIAL / BUSINESS DISTRICT 20.1 GENERAL PURPOSE AND DESCRIPTION: The C/B, Commercial/Business, district is established to provide areas for a mixture of nonresidential land uses including office, retail, professional service, commercial and entertainment uses, as well as highway-oriented uses, such as hotels, motels and restaurants, whi…

Zone name Commercial Business
General category COMMERCIAL
Zone area 1,397.73 ac
Source Zoning Ordinance Text PDF
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