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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1500 Markum Rnch Rd Fort Worth, TX 76126-1880

    • Warehouses
    • 36,576 SF
    • 3.06 lot acres
    OFF-MARKET
    Value Estimations
    $555,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9256366
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • D-BAT Benbrook / Batting Cage Center / Summer Camp

    Property Details for 1500 Markum Rnch Rd

    Year built
    2023
    Lot size
    3.06 lot acres
    Property size
    36,576 SF
    Property type
    Warehouses
    APN
    A1872-1D03A
    APU
    A18721D03A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $555,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.5208
    Latitude
    32.6881
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4
    $133,294
    $4,438,706
    $4,572,000
    -
    $133,294
    $4,438,706
    $4,572,000

    Comparable in this City

    • Value Estimation
      $270,000
      0.27 Acres

      5271 Pyramid Blvd

      WAREHOUSE, STORAGE • 0.27 Acres
      5271 Pyramid Blvd, Fort Worth, TX 76126-8383
      View Details
    • Value Estimation
      $270,000
      0.45 Acres

      5156 Gebron Dr

      WAREHOUSE, STORAGE • 0.45 Acres
      5156 Gebron Dr, Fort Worth, TX 76126-5383
      View Details
    • Value Estimation
      $285,000
      1,200 SF

      5124 Pyramid Blvd

      WAREHOUSE, STORAGE • 1,200 SF
      5124 Pyramid Blvd, Fort Worth, TX 76126-5311
      View Details
    • Value Estimation
      $775,000
      23,277 SF

      6965 Corporation Pkwy

      WAREHOUSE, STORAGE • 23,277 SF
      6965 Corporation Pkwy, Fort Worth, TX 76126-1736
      View Details
    • Value Estimation
      $740,000
      22,680 SF

      6715 Corporation Pkwy

      WAREHOUSE, STORAGE • 22,680 SF
      6715 Corporation Pkwy, Fort Worth, TX 76126-1779
      View Details
    • Value Estimation
      $310,000
      5,284 SF

      7608 Benbrook Pkwy

      WAREHOUSE, STORAGE • 5,284 SF
      7608 Benbrook Pkwy, Benbrook, TX 76126-2100
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      102,000 SF

      Renovated Warehouse with Secured Storage

      102,000 SF renovated warehouse with fenced outside storage.
      500 Winscott Rd, Benbrook, TX 76126
      View Details
    • $397,922

      Fort Worth Commercial Land Available

      Approximately 1.305 acres of commercial land for sale.
      & FM 2871 Aledo Rd, Fort Worth, TX 76126
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    • $399,900
      2.62 Acres

      Unimproved Land in Fort Worth

      2.62 acres of commercial land, unzoned and unrestricted.
      4050 Twilight Trl, Fort Worth, TX 76126
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    • $4,999,999
      4,000 SF

      Versatile Acreage with Highway Frontage

      29.168-acre property with multi-use building and highway frontage.
      15827 S Hwy 377 Hwy, Fort Worth, TX 76126
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    • $2,770,416
      5.30 Acres

      Benbrook Blvd Commercial Land

      5.3-acre commercial lot, prime location.
      11370 Benbrook Blvd, Benbrook, TX 76126
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    • Contact for pricing

      45.78 Acres in Fort Worth

      45.78-acre parcel with frontage to FM 1187 & McDaniel Rd.
      7801 Fm 1187, Fort Worth, TX 76126
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,752 SF

      Fort Worth Warehouse Distribution Space

      11,820 SF Warehouse, Multiple Tenants
      1350 Ranchers Legacy Trl, Fort Worth, TX 76126
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    • Contact for pricing
      23,850 SF

      Benbrook Parkway Office/Warehouse

      Prime Benbrook location, 23,850 SF office/warehouse space.
      7600 Benbrook Pkwy Benbrook, TX 76126, Benbrook, TX 76126
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    • Contact for pricing
      6,200 SF

      Benbrook Flex/Industrial Space Available

      6,200 SF flex/industrial space for lease in Benbrook, TX.
      7513 Benbrook Pkwy, Benbrook, TX 76126
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    • $14 SF/Yr
      17,486 SF

      Retail Space in Benbrook Center

      Neighborhood shopping center with great visibility and easy highway access.
      943-999 Winscott Rd, Benbrook, TX 76126
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    • $22 SF/Yr
      20,758 SF

      Gateway Center Retail Space

      Benbrook, TX Retail Opportunity: 2,560 SF
      8501 Benbrook Blvd, Benbrook, TX 76126
      View Details
    • Contact for pricing
      1,488 SF

      Retail Spaces with Drive-Thru Potential

      Retail spaces and pad site available in Benbrook, Texas.
      11121 Hawkins Home Blvd, Benbrook, TX 76126
      View Details
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    1500 Markum Rnch Rd
    Fort Worth, TX 76126-1880
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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