Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Strip malls
1136 Seminary Dr Fort Worth, TX 76115
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3212852
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1968
Total area
31,525 SF
Lot
1.98 ac (86,249 SF)
APN
41110-1-A2
UPID
US83-3212852
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
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$885k
Owner & transaction history
Krishna K & K Investment INC · 6 yrs held
Krishna K & K Investment INC
since 2019
7 recorded transactions
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 Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth 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
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,315,000
Current use
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$28 / 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
$44,226
Tax year 2023
Assessed value
$2,800,000
Assessed 2024
Previous assessed
$1,954,521
+43.3% YoY
Effective rate
1.58%
On assessed value
Assessed land
$258,747
Assessed improvement
$2,541,253
Land market value
$258,747
Improvement market value
$2,541,253
Total market value
$2,800,000
Applied tax rate
223.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1968
Heating
NONE
Stories
1
Total area
31,525 SF
Lot
1.98 ac (86,249 SF)
APN
41110-1-A2
UPID
US83-3212852
Jurisdiction
TARRANT
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1968
Heating
NONE
Stories
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
Krishna K & K Investment INC
Entity
Free & Clear · 6 yrs held
Mailing address
1300 S PO BOX 328TH DR, FORT WORTH, TX 76101-0328
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2020
—
Gyant Seminary LLC
—
Deed
related
$100,000 · Legacy Bk/tx
Sep 30, 2019
—
Krishna K & K Investment INC
Tri M Pham
Grant Deed
related
—
Feb 11, 2019
—
Gyant Seminary LLC
—
Deed
related
$100,000 · Legacy Bk/tx
Aug 19, 2015
—
Gyant Seminary LLC
Carniceria Properties LLC
Grant Deed
—
Dec 8, 2008
—
Carniceria Properties LLC
9404 Ovella
Grant Deed
$1,415,000 · Pinnacle Bk/schuyler
Dec 18, 2007
—
Ovella 9404
Gk I Investments LLC
Grant Deed
$1,400,000 · Prosper Bank
Apr 28, 2006
—
Gki Investment LLC
Tran,andrew
Warranty Deed
$700,000 · Citic Ka Wah Bk Ltd Los Angele
Dec 8, 2003
—
Andrew Tran
Tran,andrew
Quit Claim Deed
related
$700,000 · National Bank Of Texas
—
—
Gyant Seminary LLC
—
Deed Of Trust
related
$100,000 · Legacy Bk/tx
—
—
Carniceria Properties LLC
—
Deed Of Trust
related
$1,304,019 · Pinnacle Bank
—
—
Gyant Seminary LLC
—
Loan Modification
related
$100,000 · Legacy Bk/tx
—
—
Carniceria Properties LLC
—
Loan Modification
related
$1,157,892 · Pinnacle Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1136 Seminary Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
