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Property profile & analytics
OFF-MARKET
Office buildings
214 College St Grapevine, TX 76051-5332
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3984667
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Total area
2,945 SF
Lot
0.27 ac (11,940 SF)
APN
16060---15----3---20
UPID
US83-3984667
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
-
Jennifer Duncan - Ameriprise Financial Services, LLC Financial Advisor
-
Garrett Landon West - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
LifeBranch Wealth Partners - Ameriprise Financial Services, LLC Financial Advisor
-
Jennifer Duncan - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
Morgan Nichols - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
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
Blue House LLC · 8 yrs held
Blue House LLC
since 2018
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 Grapevine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grapevine 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
$10,763
Tax year 2023
Assessed value
$642,010
Assessed 2024
Previous assessed
$642,010
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$59,710
Assessed improvement
$582,300
Land market value
$59,710
Improvement market value
$582,300
Total market value
$642,010
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Heating
NONE
Stories
2
Total area
2,945 SF
Lot
0.27 ac (11,940 SF)
APN
16060---15----3---20
UPID
US83-3984667
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
1975
Heating
NONE
Stories
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Blue House LLC
Entity
Free & Clear · 8 yrs held
Mailing address
411 E OAK PT DR, MONETA, VA 24121-3103
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2018
—
Blue House LLC
—
Deed
related
$450,000 · Legacy Bk/tx
May 22, 2018
—
Blue House LLC
214 E Clg Grapevine Office LLC
Grant Deed
—
Oct 31, 2017
—
214 E College Grapevine Office LLC
—
Deed
related
$8,745,964 · Bth Bank NA
Oct 27, 2017
—
214 E College Grapevine Office LLC
—
Deed
related
$2,337,928 · Bth Bank NA
Jan 28, 2015
—
214 E Clg Grapevine Office LLC
Oryx Oilfield Holdings LLC
Warranty Deed
—
Jun 14, 2013
—
Oryx Oilfield Holdings LLC
Augustine Ranch Investments Ltd
Venders Lien
$330,000 · Banktexas NA
May 12, 2006
—
Augustine Ranch Invs Ltd
Lackey,cassidy L
Warranty Deed
$437,750 · North Dallas Bank & Trust Co
—
—
Cassidy L Lackey
—
Deed Of Trust
related
$288,750 · United Community Bank
—
—
214 E Clg Grapevine Office LLC
—
Loan Modification
related
—
—
—
Blue House LLC
—
Deed Of Trust
related
$450,000 · Legacy Bk/tx
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.
Try Rey
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