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Property profile & analytics
OFF-MARKET
Medical Office Space
1733 Precinct Line Rd Hurst, TX 76054-3131
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4057175
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Total area
6,526 SF
Lot
1.29 ac (55,975 SF)
APN
30276-1-I1-A
UPID
US83-4057175
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
-
Dr. Douglas R. Farris, MD Physician Medical Clinic
-
Northeast Tarrant Dermatology: Nguyen Tho Q MD Physician Medical Clinic
-
Beaty Stacy Russe MD Physician Medical Clinic
-
Dermatologist Physician Medical Clinic
-
Dr. Alice Wuu Physician Medical Clinic
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
Cheek-sparger Properties LP · 10 yrs held
Cheek-sparger Properties LP
since 2015
6 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 Hurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hurst 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
$29,829
Tax year 2023
Assessed value
$1,375,000
Assessed 2024
Previous assessed
$1,305,200
+5.3% YoY
Effective rate
2.17%
On assessed value
Assessed land
$559,680
Assessed improvement
$815,320
Land market value
$559,680
Improvement market value
$815,320
Total market value
$1,375,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
6,526 SF
Lot
1.29 ac (55,975 SF)
APN
30276-1-I1-A
UPID
US83-4057175
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
2003
Heating
NONE
Stories
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Cheek-sparger Properties LP
Entity
Mailing address
3912 HILLWOOD WAY, BEDFORD, TX 76021-2527
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2021
—
Cheek Sparger Properties LP
—
Deed
related
$850,000 · Bokf NA
Jul 29, 2015
—
Cheek-sparger Properties LP
Dermtrio LLC
Warranty Deed
—
Aug 6, 2014
—
Dermtrio LLC
Tho Q Nguyen Family LP
Grant Deed
—
Feb 21, 2002
—
Tho Q Nguyen
Karen S Jackson Ltd Family
Grant Deed
$258,750 · Bank Of America
—
—
Tho Q Nguyen Family LP
—
Deed Of Trust
related
$867,334 · Bank Of America
—
—
Tho Q Nguyen Family
—
Deed Of Trust
related
$669,764 · Zions First National Bank
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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