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Property profile & analytics
OFF-MARKET
Medical Office Space
1717 Main St Fort Worth, TX 76110-1626
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3209038
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Total area
2,676 SF
Lot
0.1 ac (4,447 SF)
APN
37140-2-5
UPID
US83-3209038
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Old Fort Worth Redev Ltd · 13 yrs held
Old Fort Worth Redev Ltd
since 2012
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 Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,129
Tax year 2023
Assessed value
$359,253
Assessed 2024
Previous assessed
$359,253
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$64,525
Assessed improvement
$294,728
Land market value
$64,525
Improvement market value
$294,728
Total market value
$359,253
Applied tax rate
223.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Total area
2,676 SF
Lot
0.1 ac (4,447 SF)
APN
37140-2-5
UPID
US83-3209038
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
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Old Fort Worth Redev Ltd
Individual
Mailing address
8435 WURZBACH RD STE #302, SAN ANTONIO, TX 78229-3374
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2012
—
Old Fort Worth Redev Ltd
Anderson,dixie L
Warranty Deed
$165,000 · Woodhaven Bk
Jun 28, 2004
—
Dixie L Anderson
Foreman,marc & Ann
Grant Deed
$178,000 · Riverbend Bank NA
Jun 29, 1999
—
Carl C Otsuki
—
Grant Deed
related
$25,671 · Bank One Texas NA
Apr 6, 1999
—
Otwell,donnie L & Della M
—
Grant Deed
related
$14,078 · Bank One Texas NA
Mar 30, 1999
—
James E Havel
—
Grant Deed
related
$43,709 · Bank One Texas NA
Mar 11, 1999
—
Marc Foreman
Snyder,r E & Eileen
Grant Deed
related
—
Jan 21, 1999
—
Jeff R Krueger
—
Grant Deed
related
$28,000 · Bank One Texas NA
Dec 11, 1998
—
Glen E Hixon
—
Grant Deed
related
$18,162 · Bank One Texas NA
Oct 6, 1998
—
Roseanne Cox
—
Grant Deed
related
$16,031 · Bank One Texas NA
Mar 5, 1998
—
Morris A Smith
—
Grant Deed
related
$11,900 · Bank One Texas NA
Dec 17, 1997
—
Edwin C Heller
—
Grant Deed
related
$23,000 · Bank One Texas NA
Sep 2, 1997
—
Pamela K Hayes
—
Grant Deed
related
$16,930 · Bank One Texas NA
Aug 28, 1997
—
David R Burchill
—
Grant Deed
related
$19,968 · Bank One Texas NA
Aug 25, 1997
—
Sue E Turner
—
Grant Deed
related
$10,786 · Bank One Texas NA
Aug 4, 1997
—
Bobby R Moore
—
Grant Deed
related
$16,000 · Bank One Texas NA
Jun 10, 1997
—
David W Brown
—
Grant Deed
related
$36,992 · Bank One Texas NA
Jun 4, 1997
—
Leewayne West
—
Grant Deed
related
$18,328 · Bank One Texas NA
Jun 3, 1997
—
Charles F Watson
—
Grant Deed
related
$10,122 · Bank One Texas NA
May 27, 1997
—
Joe L Brice
—
Grant Deed
related
$20,850 · Bank One Texas NA
May 21, 1997
—
Kay W Winters
—
Grant Deed
related
$35,000 · Bank One Texas NA
May 12, 1997
—
Susan Wagner
—
Grant Deed
related
$11,730 · Bank One Texas NA
Feb 14, 1997
—
Jeffrey A Morrison
—
Grant Deed
related
$10,030 · Bank One Texas NA
—
—
Dixie L Anderson
—
Deed Of Trust
related
$122,624 · Riverbend Bank NA
—
—
Richard A Mounce
—
Deed Of Trust
related
$16,168 · Bank One Texas NA
—
—
Marc Foreman
—
Deed Of Trust
related
$65,000 · Southtrust Bank NA
—
—
Patricia J Nichols
—
Deed Of Trust
related
$92,000 · Bank One Texas NA
—
—
Old Fort Worth Redev Ltd
—
Loan Modification
related
$125,959 · Woodhaven Bk Fossil Crk
—
—
Old Fort Worth Redev Ltd
—
Deed Of Trust
related
$25,500 · Woodhaven Bk Fossil Crk
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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