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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Office Spaces
1350 Fm 1187 Aledo, TX 76008-4614
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-6924248
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2015
Total area
3,848 SF
Lot
8.5 ac (370,260 SF)
APN
21331-002-007-00
UPID
US82-6924248
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
-
Aledo Acres Rv park Campground & RV Park
-
Local Paving And Chip Seal General Contractor Construction Company
-
Cline & Company Mobile RV Services Auto Repair Shop
-
Local Paving General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$822k
Blend (final)
Blend
$820k
Owner & transaction history
1350 Fm LLC · 6 yrs held
1350 Fm LLC
since 2019
5 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 Aledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aledo 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
$550,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$213 / 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
$60,893
Tax year 2023
Assessed value
$3,400,000
Assessed 2023
Previous assessed
$3,400,000
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$647,960
Assessed improvement
$2,752,040
Land market value
$647,960
Improvement market value
$2,752,040
Total market value
$3,400,000
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
Year built
2015
Heating
NONE
Stories
1
Total area
3,848 SF
Lot
8.5 ac (370,260 SF)
APN
21331-002-007-00
UPID
US82-6924248
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
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Stories
1
Lot
8.5 ac
Current owner
From public records · entity-resolved
1350 Fm LLC
Entity
Free & Clear · 6 yrs held
Mailing address
5080 BEN DAY MURRIN RD LOT #4, FORT WORTH, TX 76126-5414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2019
—
1350 Fm LLC
Austin Mays
Warranty Deed
related
—
May 28, 2019
—
Austin Mays
Mays,rodney
Quit Claim Deed
related
$227,500 · Nations Lndg
Feb 20, 2019
—
Rodney Mays
Matrix Demolition LLC
Warranty Deed
related
—
Apr 28, 2015
—
Matrix Demolition LLC
Ha Andrew C
Warranty Deed
$232,000 · Interbank
Sep 9, 2009
—
Andrew C Ha
1187 Dev Corp
Warranty Deed
related
—
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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