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Property profile & analytics
FOR LEASE
Office Spaces
1510 Fort Worth Hwy Weatherford, TX 76086
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US82-2550098
For Lease
1 / 48
$23.20 SF/Yr
1510 Fort Worth Hwy, Weatherford, TX 76086
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2015
Total area
7,466 SF
Lot
1.06 ac (46,391 SF)
APN
13735-001-003-00
UPID
US82-2550098
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
-
Weatherford Music Academy Vocational School Training Center
-
CAS Building & Remodeling Construction Company General Contractor
-
Mind Discovery Training Center Tutoring Service
-
Parker County Scholars Training Center Tutoring Service
-
Jennz Laser Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.02M
Owner & transaction history
Vipa Commercial LLC · 11 yrs held
Vipa Commercial LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$955,000
+19.3%
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 Weatherford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weatherford 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
COMMERCIAL (GENERAL)
$800,000
Current use
RESTAURANT
$955,000
Change: +19% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$690,000
Change: -14% · Conversion: Moderate
RETAIL STORES
$685,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$136 / 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
$24,906
Tax year 2023
Assessed value
$1,296,540
Assessed 2023
Previous assessed
$1,296,540
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$208,760
Assessed improvement
$1,087,780
Land market value
$208,760
Improvement market value
$1,087,780
Total market value
$1,296,540
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
For Lease
Year built
2015
Heating
NONE
Total area
7,466 SF
Lot
1.06 ac (46,391 SF)
APN
13735-001-003-00
UPID
US82-2550098
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$800,000
RESTAURANT
Est. value
$955,000
INDUSTRIAL (GENERAL)
Est. value
$690,000
RETAIL STORES
Est. value
$685,000
COMMERCIAL (GENERAL) Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2015
Heating
NONE
Lot
1.06 ac
Current owner
From public records · entity-resolved
Vipa Commercial LLC
Entity
Mailing address
315 CHUCKWAGON TRL, WILLOW PARK, TX 76087-9137
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2020
—
Vipa Commercial LLC
—
Deed
related
$155,430 · First Nat'l Bk/granbury
Feb 13, 2017
—
Vipa Commercial LLC
—
Deed
related
$974,975 · First Nat'l Bk/granbury
Feb 2, 2017
—
Vipa Commercial LLC
—
Deed
related
$50,000 · First Nat'l Bk/granbury
Oct 11, 2016
—
Vipa Commercial LLC
—
Deed
related
$974,975 · First Nat'l Bk/granbury
Jul 18, 2016
—
Vipa Commercial LLC
—
Deed
related
$974,975 · First Nat'l Bk/granbury
Apr 1, 2015
—
Vipa Commercial LLC
Pointbank
Venders Lien
$240,000 · First National Bank Of Granbury
Mar 8, 2013
$1,000
Pointbank
Jester Tom D JR
Trustees Deed
related
—
Sep 23, 2008
—
Weatherford Car Wa Storageking
Howard,louis
Warranty Deed
$909,729 · Pointbank
—
—
Vipa Commercial LLC
—
Loan Modification
related
$974,975 · First Nat'l Bk/granbury
—
—
Vipa Commercial LLC
—
Deed Of Trust
related
$155,430 · First Nat'l Bk/granbury
—
—
Vipa Commercial LLC
—
Loan Modification
related
$974,975 · First Nat'l Bk/granbury
—
—
Vipa Commercial LLC
—
Deed Of Trust
related
$50,000 · First Nat'l Bk/granbury
—
—
Vipa Commercial LLC
—
Loan Modification
related
$974,975 · First Nat'l Bk/granbury
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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