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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Warehouses
1945 Fm Rd 157, Mansfield, TX 76063
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3576223
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Total area
84,286 SF
Lot
6.68 ac (291,024 SF)
APN
33961-1-1
UPID
US82-3576223
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
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.95M
Blend (final)
Blend
$1.49M
Owner & transaction history
Pender Cap Asset Based Lndg Fu · 6 yrs held
Pender Cap Asset Based Lndg Fu
since 2019
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 Mansfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mansfield 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
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±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
$18 / 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
$80,838
Tax year 2023
Assessed value
$3,500,000
Assessed 2024
Previous assessed
$3,500,000
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$1,455,120
Assessed improvement
$2,044,880
Land market value
$1,455,120
Improvement market value
$2,044,880
Total market value
$3,500,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
84,286 SF
Lot
6.68 ac (291,024 SF)
APN
33961-1-1
UPID
US82-3576223
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
2002
Heating
NONE
Stories
1
Lot
6.68 ac
Current owner
From public records · entity-resolved
Pender Cap Asset Based Lndg Fu
Individual
Mailing address
8350 N CENTRAL EXPY STE #1900, DALLAS, TX 75206-1604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2019
—
Pender Cap Asset Based Lndg Fu
Mansfield Boat
Quit Claim Deed
related
—
Oct 2, 2019
—
Mbrv II LLC
—
Deed
—
Mar 5, 2019
—
Pender Cap Asset Based Lndg Fu
Beldock Neil|mansfield Boat & Rv Storage Ll
Trustees Deed
related
—
Dec 1, 2017
—
Mansfield Boat & Rv Storage Ll
—
Deed
related
$6,700,000 · Pender Cap Asset Based Lndg Fu
Nov 21, 2017
—
Mansfield Boat & Rv Storage Ll
Reynolds,larry
Warranty Deed
related
—
Nov 13, 2017
—
Larry Reynolds
Mansfield Boat & Rv Storage Ll
Warranty Deed
—
May 4, 2017
—
Mansfield Boat & Rv Storage Ll
Reynolds,larry
Quit Claim Deed
related
—
Jul 11, 2011
—
Larry J Reynolds
—
Deed Of Trust
related
$1,100,000 · Plains Capital Bank
—
—
Mbrv II LLC
—
Deed Of Trust
—
—
—
Larry J Reynolds
—
Deed Of Trust
related
$625,000 · Lain Faukner & Co PC
—
—
Larry J Reynolds
—
Deed Of Trust
related
$2,750,000 · Bank One NA
—
—
Mansfield Boat & Rv Storage Ll
—
Deed Of Trust
related
$6,700,000 · Pender Cap Asset Based Lndg Fu
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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