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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    229 Clifford Ctr Dr Fort Worth, TX 76108-4471

    • Hotels
    • 59,481 SF
    • 2.10 lot acres
    OFF-MARKET
    Last Sale
    Feb 04, 2020
    Value Estimations
    $1,230,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1953816
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Staybridge Suites Fort Worth West, an IHG Hotel / Hotel & Motel
    • Waylon Storage Units / Storage Facility

    Property Details for 229 Clifford Ctr Dr

    Year built
    2008
    Lot size
    2.10 lot acres
    Property size
    59,481 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    7474D-1-6
    APU
    7474D16

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $800,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,663,000
      Market price range: $672k - $1.92M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,260,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.4796
    Latitude
    32.7634
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $192,717
    $365,872
    $6,834,128
    $7,200,000
    -
    $365,872
    $6,834,128
    $7,200,000

    Comparable in this City

    • Value Estimation
      $895,000
      41,796 SF

      7888 Ww Fwy

      HOTEL/MOTEL • 41,796 SF
      7888 Ww Fwy, Fort Worth, TX 76108-3606
      View Details
    • Value Estimation
      $1,000,000
      46,212 SF

      402 Jim Wright Fwy

      HOTEL/MOTEL • 46,212 SF
      402 Jim Wright Fwy, White Settlement, TX 76108-1437
      View Details
    • Value Estimation
      $625,000
      41,983 SF

      8520 Ww Fwy

      MOTEL • 41,983 SF
      8520 Ww Fwy, White Settlement, TX 76108
      View Details
    • Value Estimation
      $585,000
      28,490 SF

      600 Jim Wright Fwy

      MOTEL • 28,490 SF
      600 Jim Wright Fwy, White Settlement, TX 76108
      View Details
    • Value Estimation by Request
      16,519 SF

      7960 Ww Fwy

      MOTEL • 16,519 SF
      7960 Ww Fwy, Fort Worth, TX 76108-3521
      View Details
    • Value Estimation
      $555,000
      23,102 SF

      8250 Ww Fwy

      MOTEL • 23,102 SF
      8250 Ww Fwy, Fort Worth, TX 76108-3491
      View Details

    Similar Nearby for Sale

    • $425,000
      0.29 Acres

      Waterfront Land with Lake Access

      Building lot with lake views and private dock potential.
      8505 Heron Dr, Fort Worth, TX 76108
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    • Contact for pricing

      Land Available for Sale

      Land available for sale on White Settlement Rd, Texas.
      8017 White Settlement Rd, White Settlement, TX 76108
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      3.975 Acres Commercial Land Available

      Commercial land for sale near future CORE Academy development.
      200 Academy Blvd, Fort Worth, TX 76108
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      Land Available in Fort Worth

      Land for sale at 11409 White Settlement Rd, Fort Worth, TX.
      11409 White Settlement Rd, Fort Worth, TX 76108
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Commercial land available for sale.
      7628 Corina Dr, White Settlement, TX 76108
      View Details
    • Contact for pricing
      7,296 SF

      Established Retail Location For Sale

      NNN property with a corporate tenant and strong sales.
      9541 Clifford St, Fort Worth, TX 76108
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,750 SF

      Industrial Space with Loop 820 Visibility

      Shallow bay industrial suites with excellent visibility on Loop 820.
      621 Kate St, White Settlement, TX 76108
      View Details
    • $18 SF/Yr
      19,020 SF

      Fort Worth Flex Space - 19,020 SF

      Prime Fort Worth flex space, highway frontage.
      760 Jim Wright Fwy, Fort Worth, TX 76108
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease in Fort Worth, Texas.
      9540 White Settlement Rd, Fort Worth, TX 76108
      View Details
    • $10 SF/Yr
      61,120 SF

      Retail Space in High-Traffic Plaza

      Retail space in a high-growth Fort Worth location.
      1700 S Cherry Ln, Fort Worth, TX 76108
      View Details
    • Contact for pricing
      170,870 SF

      Fort Worth Warehouse Space

      170,870 sq ft warehouse space in Fort Worth, TX.
      1176 Silver Creek Rd, Fort Worth, TX 76108
      View Details
    • Contact for pricing

      White Settlement Specialty Property

      Specialty property available for rent in White Settlement, Texas.
      8713 White Settlement 103, White Settlement, TX 76108
      View Details
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    Fort Worth, TX 76108-4471
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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