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Property profile & analytics
OFF-MARKET Estimated value $985,000
Strip malls

1201 Fm 1187th E Crowley, TX 76036-4371

24,400 SF 4.13 ac lot Built 2013
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3423909
Property summary
AI-generated overview

This Class A, 6,000 square foot commercial property in Crowley, Texas, offers a unique investment opportunity. Located at 1201 FM 1187 in Tarrant County, this multi-tenant building is currently fully vacant and available for lease. The space is divisible, with a minimum leasable area of 2,500 square feet and a maximum contiguous space of 6,000 square feet, providing flexibility for various business needs. The property is zoned for commercial and retail use, making it ideal for a wide range of businesses. Situated on a one-acre lot within a Walmart parking lot, this location boasts exceptional visibility and high traffic volume, with an estimated 33,000 vehicles passing daily. The property's strategic location ensures high foot traffic and convenient access for customers. The building's design allows for the potential development of drive-through facilities up to 2,500 square feet. Lease terms are negotiable and will be tailored to meet the specific requirements of the tenant. This prime location presents a significant opportunity for businesses seeking high visibility and accessibility in a thriving retail environment. The asking price is determined based on build-out requirements.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2013
Total area 24,400 SF
Lot 4.13 ac (179,772 SF)
APN 44955C-A-5R
UPID US82-3423909
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
  • Nail Studio Spa Nail Salon
  • Skillman Wok Restaurant
  • Dollar Tree Discount Store
  • Today Dental of Crowley Dental Office
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$985k
Owner & transaction history
380 Oser Associates LLC · 4 yrs held
380 Oser Associates LLC
since 2022
6 recorded transactions
2022
Price N/A
2021
Price N/A
2020
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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