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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office buildings
1144 Pioneer Pkwy Arlington, TX 76013-6389
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3699811
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Total area
9,600 SF
Lot
0.84 ac (36,586 SF)
APN
32485--6A
UPID
US83-3699811
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
-
Hook You Up Pro Shop (Bike/Boat/Book/etc) Store Bowling Alley
-
Springpack Healthcare Career, LLC Vocational School Training Center
-
NOIR THE SALON Hair Salon Nail Salon
-
Fisher Fisher Fitness/med Clinic Physician
-
Socialite Boutique + Flex Space Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$674k
Blend (final)
Blend
$520k
Owner & transaction history
Hre Pioneer Plaza LLC · 10 yrs held
Hre Pioneer Plaza LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$850,000
+22.3%
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$695,000
Current use
MEDICAL BUILDING
$850,000
Change: +22% · Conversion: Easy
RETAIL STORES
$670,000
Change: -4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$555,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$54 / 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
$18,323
Tax year 2023
Assessed value
$931,680
Assessed 2024
Previous assessed
$830,400
+12.2% YoY
Effective rate
1.97%
On assessed value
Assessed land
$146,360
Assessed improvement
$785,320
Land market value
$146,360
Improvement market value
$785,320
Total market value
$931,680
Applied tax rate
224.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
9,600 SF
Lot
0.84 ac (36,586 SF)
APN
32485--6A
UPID
US83-3699811
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
OFFICE BUILDING Current
Est. value
$695,000
MEDICAL BUILDING
Est. value
$850,000
RETAIL STORES
Est. value
$670,000
AUTO REPAIR, GARAGE
Est. value
$555,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1978
Heating
NONE
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Hre Pioneer Plaza LLC
Entity
Mailing address
1112 W PIONEER PKWY #1182, ARLINGTON, TX 76013-6367
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2020
—
Hre Pioneer Plaza LLC
—
Deed
related
$4,740,000 · Plainscapital Bk
Feb 8, 2016
—
Hre Pioneer Plaza LLC
Stewart,david T
Grant Deed
$4,150,000 · Plainscapital Bk
Apr 11, 2013
—
David T Stewart
—
Deed Of Trust
related
$3,375,000 · Wells Fargo Bank
Jan 6, 2006
—
David T Stewart
Smith,william L
Grant Deed
$3,797,500 · California Cu
—
—
Hre Pioneer Plaza LLC
—
Loan Modification
related
$4,740,000 · Plainscapital Bk
—
—
William L Smith
—
Deed Of Trust
related
$100,000 · Hibernia National Bank
—
—
William L Smith
—
Deed Of Trust
related
$1,000,000 · Hibernia Bank
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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