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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Warehouses
11202 Fm 730 Azle, TX 76020-3054
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2291523
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
10,024 SF
Lot
1.5 ac (65,340 SF)
APN
21432-009-003-00
UPID
US82-2291523
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
$1.29M
Comparable Approach
Comparable
$989k
Blend (final)
Blend
$1.14M
Owner & transaction history
Rashbir Enterprise LLC · 1 yrs held
Rashbir Enterprise LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+191.5%
Commercial (general)
$1.7M
+165.2%
Auto repair, garage
$1.3M
+110.2%
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 Azle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Azle 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%
$1,395,000
6.5%
$1,285,000
7%
$1,195,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,845,000
Change: +192% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,675,000
Change: +165% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,330,000
Change: +110% · Conversion: Easy
RESTAURANT
$1,075,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$1,050,000
Change: +66% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$925,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±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
$114 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,552
Tax year 2024
Assessed value
$1,294,390
Assessed 2024
Previous assessed
$1,294,390
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$261,360
Assessed improvement
$1,033,030
Land market value
$261,360
Improvement market value
$1,033,030
Total market value
$1,294,390
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Stories
1
Total area
10,024 SF
Lot
1.5 ac (65,340 SF)
APN
21432-009-003-00
UPID
US82-2291523
Jurisdiction
PARKER
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
OFFICE BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$925,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
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
Heating
NONE
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Rashbir Enterprise LLC
Entity
Mailing address
673 SCENIC DR, IRVING, TX 75039-3658
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
—
Rashbir Enterprise LLC
Pioneer Grocery One INC
Deed
$4,720,000 · First Ic Bank
Jun 14, 2022
—
Pioneer Grocery One INC
Nama Realestate LLC
Venders Lien
$3,180,000 · Ready Capital Corp
Mar 15, 2022
—
Nama Realestate LLC
—
Deed
related
$15,000,000 · Cattlemens Bank
Sep 10, 2020
—
Nama Realestate LLC
—
Deed
related
$548,000 · Mccraw Oil Co INC
Jun 24, 2019
—
Nama Realestate LLC
Hameed,gul
Grant Deed
—
Apr 11, 2018
—
Hameed Gul
Nettles,david & Tanya
Warranty Deed
$548,000 · James D & Tanya Nettles
Apr 2, 2018
—
James D Nettles
—
Deed
related
—
—
—
James D Nettles
—
Deed Of Trust
related
—
—
—
Nama Realestate LLC
—
Deed Of Trust
related
$548,000 · Mccraw Oil Co INC
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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