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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Office Spaces
119 Main St Weatherford, TX 76086-3257
Entity Owned
4-yr Hold
Free & Clear
Property ID
US82-1155267
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
9,943 SF
Lot
0.13 ac (5,663 SF)
APN
19035-004-001-00
UPID
US82-1155267
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
-
Fulgham Hampton Criminal Defense Attorneys Law Firm
-
Rafter T Roofing & Construction Roofing Company General Contractor
-
Weatherford Mediation Center LLC Law Firm
-
Wallace Real Estate Real Estate Agency
-
Roden's All Star Machine Manufacturing Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$690k
Owner & transaction history
Moncrief Properties LLC · 4 yrs held
Moncrief Properties LLC
since 2022
3 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 Weatherford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weatherford 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
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,065,000
Current use
INDUSTRIAL (GENERAL)
$920,000
Change: -14% · Conversion: Moderate
RETAIL STORES
$910,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$69 / 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
$21,726
Tax year 2023
Assessed value
$1,131,000
Assessed 2023
Previous assessed
$1,131,000
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$67,960
Assessed improvement
$1,063,040
Land market value
$67,960
Improvement market value
$1,063,040
Total market value
$1,131,000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Stories
1
Total area
9,943 SF
Lot
0.13 ac (5,663 SF)
APN
19035-004-001-00
UPID
US82-1155267
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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$920,000
RETAIL STORES
Est. value
$910,000
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
0.13 ac
Current owner
From public records · entity-resolved
Moncrief Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
420 THROCKMORTON ST STE #500, FORT WORTH, TX 76102-3721
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2022
—
Moncrief Properties LLC
Wallace Real Estate Group LLC
Warranty Deed
—
Jan 6, 2016
—
Wallace Real Estate Group LLC
Professional Building Ptshp
Warranty Deed
$535,000 · Private Individual
—
—
Professional Building Ptshp
—
Deed Of Trust
related
$27,000 · Morgan Steve D Trust (tr)
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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