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Property profile & analytics
OFF-MARKET Estimated value $2,820,000
Commercial real estate

11 Gilbert Rd Burkburnett, TX 76354-3362

20,750 SF 1.85 ac lot Built 1980
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US82-5782618
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 20,750 SF
Lot 1.85 ac (80,586 SF)
Zoning code SF-6
APN 5J07 006 00
UPID US82-5782618
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
  • Redneck Culinary Academy Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.23M
Comparable Approach Comparable
$2.41M
Blend (final) Blend
$2.82M
Owner & transaction history
Redneck Culinary Academy · 5 yrs held
Redneck Culinary Academy
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
SF-6 · Burkburnett, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

territory with a more permanent zoning classification (e.g., SF-10, SF-6, MF, C/B, etc.) than the Agricultural (“AG”) zoning designation upon a determination that such permanent zoning Zoning Ordinance - Ordinance #589 City of Burkburnett, Texas ss--c:\wp8.0\myfiles\burkburnett\zoningordin-txt.wpd 5 is in conformance with the City’s adopted Comprehensive Pla…

Zone name Single Family 6000 Square Feet Lots
General category RESIDENTIAL
Zone area 2,619.35 ac
Source Zoning Ordinance Text PDF
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