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Property profile & analytics
OFF-MARKET
Strip malls
1945 8th Ave Fort Worth, TX 76110-1358
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US82-2926132
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1971
Total area
4,000 SF
Lot
0.31 ac (13,499 SF)
APN
13520---20---21---20
UPID
US82-2926132
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
-
ATM Atm
-
Ray's Corner Store Burgers Restaurant
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
Arsh Enterprises INC · 23 yrs held
Arsh Enterprises INC
since 2003
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
$9,695
Tax year 2023
Assessed value
$468,000
Assessed 2024
Previous assessed
$428,471
+9.2% YoY
Effective rate
2.07%
On assessed value
Assessed land
$135,000
Assessed improvement
$333,000
Land market value
$135,000
Improvement market value
$333,000
Total market value
$468,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1971
Heating
NONE
Stories
1
Total area
4,000 SF
Lot
0.31 ac (13,499 SF)
APN
13520---20---21---20
UPID
US82-2926132
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
1971
Heating
NONE
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Arsh Enterprises INC
Entity
Mailing address
1945 8TH AVE, FORT WORTH, TX 76110-1358
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2020
—
Arsh Ents INC
—
Deed
related
$450,000 · American First Nat'l Bk
Mar 18, 2003
—
Arsh Enterprises INC
Shivji,abdul R & Nafisa A
Grant Deed
$280,000 · United Central Bank Dallas
—
—
Arsh Ents INC
—
Deed Of Trust
related
$386,000 · Wallis St Bk
—
—
Arsh Ents INC
—
Deed Of Trust
related
$373,256 · United Central Bank
—
—
Arsh Ents INC
—
Deed Of Trust
related
$450,000 · American First Nat'l Bk
—
—
Arsh Ents INC
—
Deed Of Trust
related
$50,000 · United Central Bank
—
—
Arsh Ents INC
—
Deed Of Trust
related
$434,000 · United Central Bank Dallas
—
—
Abdul R Shivji
—
Deed Of Trust
related
$909,000 · Bank United
—
—
Abdul R Shivji
—
Deed Of Trust
related
$39,970 · Compass 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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