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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Warehouses
1261 Hurst Blvd Hurst, TX 76053-7441
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1941299
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Total area
15,200 SF
Lot
0.61 ac (26,397 SF)
APN
31910--D
UPID
US82-1941299
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
-
AUTOMECHANIKA INC / DBA - Discount Auto Lifts Distribution Center Logistics Company
-
Discount Auto Lifts Auto Repair Shop Vehicle Inspection Center
-
All About Autos Auto Repair Shop
-
TX Automotive & Diesel LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$630k
Owner & transaction history
Pal Property Investments LLC · 5 yrs held
Pal Property Investments LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$895,000
+50.5%
Retail stores
$840,000
+41.3%
Neighborhood: shopping center
$595,000
+0.2%
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 Hurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hurst 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$595,000
Current use
OFFICE BUILDING
$895,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$840,000
Change: +41% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$595,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$41 / 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
$19,794
Tax year 2023
Assessed value
$988,000
Assessed 2024
Previous assessed
$988,000
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$19,800
Assessed improvement
$968,200
Land market value
$19,800
Improvement market value
$968,200
Total market value
$988,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
15,200 SF
Lot
0.61 ac (26,397 SF)
APN
31910--D
UPID
US82-1941299
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
$595,000
OFFICE BUILDING
Est. value
$895,000
RETAIL STORES
Est. value
$840,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$595,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
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
1969
Heating
NONE
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Pal Property Investments LLC
Entity
Mailing address
26322 IBEZA RD, MISSION VIEJO, CA 92692-5233
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jun 21, 2021
—
Pal Property Investments LLC
Automechanika INC
Venders Lien
$712,500 · Prosperity Bank
—
—
Automechanika INC
—
Deed Of Trust
related
$160,000 · North Texas Bank NA
—
—
Automechanika INC
—
Deed Of Trust
related
$103,347 · Worthington National Bank
—
—
Automechanika INC
—
Deed Of Trust
related
$119,954 · Worthington National Bank
—
—
Automechanika INC
—
Deed Of Trust
related
$60,000 · Mercantile Bank Texas
—
—
Automechanika INC
—
Deed Of Trust
related
$91,481 · Mercantile Bank Texas
—
—
Automechanika INC
—
Deed Of Trust
related
$147,000 · Woodhaven Bank Northeast
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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