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Property profile & analytics
OFF-MARKET
Post offices
103 Morse Rd Bivins, TX 75555-2466
Entity Owned
Absentee Owner
Free & Clear
Property ID
US82-5669888
Property summary
AI-generated overview
This commercial property is located in Bivins, TX, Cass County, and is situated on a 0.42-acre lot. The building has a living area of 921 square feet and was previously under lease to the United States Post Office with a lease that was renewed for 5 years at $5227 per year, paid in monthly payments.
Property profile
Verified
Property type
Post offices
Use group
COMMERCIAL (GENERAL)
Year built
1960
Total area
1,224 SF
Lot
0.42 ac (18,426 SF)
APN
10681-00310-00000-000000
UPID
US82-5669888
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
FULLER KELLEY INVESTMENT PROPERTIES LLC
FULLER KELLEY INVESTMENT PROPERTIES LLC
Zoning & alternative use
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 Bivins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bivins 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
Assessed value
$9,420
Assessed 2024
Previous assessed
$9,260
+1.7% YoY
Assessed land
$1,280
Assessed improvement
$8,140
Land market value
$1,280
Improvement market value
$8,140
Total market value
$9,420
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Post offices
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
WINDOW A/C
Total area
1,224 SF
Lot
0.42 ac (18,426 SF)
APN
10681-00310-00000-000000
UPID
US82-5669888
Jurisdiction
CASS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Cooling
Yes
Lot
0.42 ac
Current owner
From public records · entity-resolved
FULLER KELLEY INVESTMENT PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1809 N HOLLAND RD, MANSFIELD, TX 76063-5532
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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