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Property profile & analytics
OFF-MARKET
Estimated value
$5,615,000
Refrigerated & Cold Storage
12360 Pipeline Rd Fort Worth, TX
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-0316398
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2019
Total area
98,436 SF
Lot
12.44 ac (541,886 SF)
APN
25760-1-1R2
UPID
US83-0316398
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.62M
Owner & transaction history
Nm Pqf LP · 2 yrs held
Nm Pqf LP
since 2024
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.0M
+118.5%
Medical building
$8.7M
+109.9%
Neighborhood: shopping center
$4.5M
+8.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,120,000
Current use
OFFICE BUILDING
$9,005,000
Change: +119% · Conversion: Difficult
MEDICAL BUILDING
$8,650,000
Change: +110% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,450,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$5.62M
Range $5.05M – $6.18M · ±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
$57 / 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
$208,829
Tax year 2023
Assessed value
$9,875,000
Assessed 2024
Previous assessed
$9,843,600
+0.3% YoY
Effective rate
2.11%
On assessed value
Assessed land
$1,625,658
Assessed improvement
$8,249,342
Land market value
$1,625,658
Improvement market value
$8,249,342
Total market value
$9,875,000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2019
Heating
NONE
Stories
1
Total area
98,436 SF
Lot
12.44 ac (541,886 SF)
APN
25760-1-1R2
UPID
US83-0316398
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
$4.1M
OFFICE BUILDING
Est. value
$9.0M
MEDICAL BUILDING
Est. value
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
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
2019
Heating
NONE
Stories
1
Lot
12.44 ac
Current owner
From public records · entity-resolved
Nm Pqf LP
Entity
Free & Clear · 2 yrs held
Mailing address
1633 BROADWAY RD FL, NEW YORK, NY 10019-6738
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2024
—
Nm Pqf LP
—
Deed
related
$18,790,000 · Webster Bank NA
Jan 3, 2024
—
Nm Pqf LP
D Bar Properties LLC
Special Warranty Deed
—
Feb 14, 2023
—
D Bar Properties LLC
—
Deed
related
$12,500,000 · Frost Bank
Jul 12, 2019
—
D Bar Properties LLC
—
Deed
related
$5,492,271 · Crockett Nat'l Bk
Jan 7, 2019
—
D Bar Properties LLC
—
Loan Modification
related
$6,000,000 · Crockett Nat'l Bk
—
—
D Bar Properties LLC
—
Loan Modification
related
$5,492,271 · Crockett Nat'l 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.
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