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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Warehouses
12104 Pipeline Rd Euless, TX 76040-6918
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1211724
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Total area
44,400 SF
Lot
5.89 ac (256,351 SF)
APN
32031-1-1
UPID
US82-1211724
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
-
Jacques Palmer Baseball Training Gym & Fitness Center
-
Qualtex Industries, Inc Painting Service General Contractor
-
Sunterra Landscape Services Landscaping General Contractor
-
Dallas Tigers Mid-Cities Gym & Fitness Center Sports School
-
Plumbing Euless TX General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$1.52M
Owner & transaction history
Ranval LLC · 2 yrs held
Ranval LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.2M
+26.2%
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 Euless submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Euless 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
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,730,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,185,000
Change: +26% · Conversion: Moderate
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±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
$34 / 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
$61,523
Tax year 2023
Assessed value
$3,108,000
Assessed 2024
Previous assessed
$2,900,000
+7.2% YoY
Effective rate
1.98%
On assessed value
Assessed land
$512,702
Assessed improvement
$2,595,298
Land market value
$512,702
Improvement market value
$2,595,298
Total market value
$3,108,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
44,400 SF
Lot
5.89 ac (256,351 SF)
APN
32031-1-1
UPID
US82-1211724
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
WAREHOUSE, STORAGE Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
5.89 ac
Current owner
From public records · entity-resolved
Ranval LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5188 COUNTY RD 419, STEPHENVILLE, TX 76401-7932
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
Ranval LLC
Brooking Press Holdings LLC
Special Warranty Deed
—
Mar 22, 2022
—
Brooking Press Holdings LLC
—
Deed
related
$500,000 · Bank Of The West
Oct 1, 2019
—
Brooking Press Holdings LLC
Iron Peak Pecan LLC
Grant Deed
$3,548,750 · Bank Of The West
Sep 28, 2017
—
Iron Park Pecan LLC
North Texas Development Ltd
Venders Lien
$2,081,250 · Columbia Community Cu
Jun 14, 2013
—
North Texas Developers Ltd
—
Trustees Deed
related
$539,558 · State Bank & Trust
Jan 7, 2010
—
North Texas Developers Ltd
—
Trustees Deed
related
$2,018,367 · Pointbank
Aug 21, 2007
—
North Texas Dev Ltd
Dill Edwin Family Trust Trust
Grant Deed
$380,000 · Justin State Bank
—
—
North Texas Developers Ltd
—
Deed Of Trust
related
$2,139,980 · Pointbank
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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