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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Commercial real estate
16 Vlg Ln48-2-3 Colleyville, TX 76034-2946
Entity Owned
10-yr Hold
Free & Clear
Property ID
US82-4564918
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2003
Total area
13,043 SF
APN
44665C--48----2---12
UPID
US82-4564918
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
-
Sparrow Salon Hair Salon Nail Salon
-
Tachi Senior Photography Photography Service (Bike/Boat/Book/etc) Store
-
Colleyville Pool Service Renovation Specialist General Contractor
-
Alloy Personal Training Colleyville Village Lane Gym & Fitness Center
-
The Hair Extension Room Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.40M
Owner & transaction history
Sc 16 Village Lane Inv LLC · 10 yrs held
Sc 16 Village Lane Inv LLC
since 2015
7 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 Colleyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colleyville 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
OFFICE BUILDING
$2,175,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±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
$107 / 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
Assessed value
$1.00
Assessed 2024
Previous assessed
$1.00
+0.0% YoY
Assessed land
$1.00
Land market value
$1.00
Total market value
$1.00
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2003
Heating
NONE
Total area
13,043 SF
APN
44665C--48----2---12
UPID
US82-4564918
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
OFFICE BUILDING
Est. value
$2.2M
OFFICE BUILDING
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
2003
Heating
NONE
Current owner
From public records · entity-resolved
Sc 16 Village Lane Inv LLC
Entity
Free & Clear · 10 yrs held
Mailing address
16 VLG LN STE #250, COLLEYVILLE, TX 76034-2950
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2015
—
Sc 16 Village Lane Inv LLC
Realty Cap Chase Monticello LP
Grant Deed
related
—
May 25, 2010
—
Realty Cap Chase Monticello LP
—
Deed Of Trust
related
$1,053,542 · Southwest Securities Bank
Nov 10, 2009
—
Cap Chase Monticello Realty
—
Grant Deed
related
$1,064,897 · Southwest Securities Bank
May 14, 2009
—
Cap Chase Monticello Realty
—
Grant Deed
related
$1,076,574 · Southwest Securities Bank
Mar 3, 2009
—
Cap Chase Monticello Realty
—
Deed Of Trust
related
$1,082,748 · Southwest Securities Bank
Nov 12, 2008
—
Cap Chase Monticello Realty
—
Deed Of Trust
related
$1,200,245 · Southwest Securities Bank
Oct 9, 2008
—
Cap Chase Monticello Realty
—
Deed Of Trust
related
$1,200,245 · Rcp Chase Monticello Invtrs Lt
—
—
Cap Chase Monticello Realty
—
Deed Of Trust
related
$1,200,245 · First Savings Bank
—
—
Realty Cap Chase Monticello LP
—
Deed Of Trust
related
$849,984 · Rcp Chase Monticello Invtrs Lt
—
—
Realty Cap Chase Monticello LP
—
Deed Of Trust
related
$849,984 · Rcp Chase Monticello Invtrs Lt
—
—
Realty Cap Chase Monticello LP
—
Deed Of Trust
related
$580,000 · Plains Capital Bank
—
—
Realty Cap Chase Monticello LP
—
Deed Of Trust
related
$820,000 · Tuna Ville LLC
—
—
Realty Cap Chase Monticello LP
—
Deed Of Trust
related
$849,984 · Rcp Chase Monticello Invtrs Lt
—
—
Realty Cap Chase Monticello LP
—
Deed Of Trust
related
$849,984 · Rcp Chase Monticello Invtrs Lt
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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