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Property profile & analytics
FOR SALE
Commercial real estate
1108 W Adams Ave Temple, TX 76504
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3282409
For Sale
1 / 6
$1,350,000
1108 W Adams Ave, Temple, TX 76504
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
5,700 SF
Lot
0.34 ac (14,741 SF)
Zoning code
GR
APN
114301
UPID
US82-3282409
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
-
Fred Loya Insurance Insurance Agency
-
Smoke Center (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Domino's Pizza Take-out & Catering
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Liberty Tax Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$933k
Blend (final)
Blend
$910k
Owner & transaction history
Florence Industrial Portfolio LLC · 4 yrs held
Florence Industrial Portfolio LLC
since 2021
4 recorded transactions
Zoning & alternative use
GR · Temple, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$680,000
+15.7%
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 Temple submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temple 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%
$960,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$585,000
Current use
INDUSTRIAL (GENERAL)
$680,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$160 / 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
$18,341
Tax year 2023
Assessed value
$782,361
Assessed 2024
Previous assessed
$1,237,111
-36.8% YoY
Effective rate
2.34%
On assessed value
Assessed land
$43,925
Assessed improvement
$738,436
Land market value
$43,925
Improvement market value
$738,436
Total market value
$782,361
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2016
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
5,700 SF
Lot
0.34 ac (14,741 SF)
Zoning code
GR
APN
114301
UPID
US82-3282409
Jurisdiction
BELL
Zoning & alternative use
GR · Temple, TX
Zoning GR · permitted uses
GR · Temple, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Temple. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$585,000
INDUSTRIAL (GENERAL)
Est. value
$680,000
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
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
2016
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Florence Industrial Portfolio LLC
Entity
Mailing address
3000 RACE ST #100, FORT WORTH, TX 76111-4116
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
Florence Industrial Portfolio LLC
Rancier Investment I LLC
Venders Lien
$787,500 · Ubank
Dec 31, 2014
—
Rancier Investment 1 LLC
Bentley,scyble H & James E
Grant Deed
related
—
Sep 3, 2014
—
Exeter 1031 Exchange Svcs LLC
Bentley,scyble H & James E
Grant Deed
related
—
—
—
Rancier Investment 1 LLC
—
Deed Of Trust
related
$715,000 · Bank Of The Ozarks
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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