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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Commercial real estate
2311 Fm Rd 51 Springtown, TX 76082
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-6036044
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2013
Total area
21,356 SF
Lot
2.25 ac (98,010 SF)
APN
17916-001-002-00
UPID
US82-6036044
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Budders Storage LLC · 13 yrs held
Budders Storage LLC
since 2013
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 Springtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springtown 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
$61 / 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
$26,181
Tax year 2023
Assessed value
$1,614,160
Assessed 2023
Previous assessed
$1,614,160
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$137,110
Assessed improvement
$1,477,050
Land market value
$137,110
Improvement market value
$1,477,050
Total market value
$1,614,160
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2013
Heating
NONE
Total area
21,356 SF
Lot
2.25 ac (98,010 SF)
APN
17916-001-002-00
UPID
US82-6036044
Jurisdiction
PARKER
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
2013
Heating
NONE
Lot
2.25 ac
Current owner
From public records · entity-resolved
Budders Storage LLC
Entity
Mailing address
489 AGNES CIR, SPRINGTOWN, TX 76082-5846
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Dec 4, 2018
—
Budders Storage LLC
—
Deed
related
$852,372 · First Nat'l Bk/weatherford
Jan 12, 2017
—
Budders Storage LLC
—
Deed
related
$635,000 · First Nat'l Bk/weatherford
Sep 22, 2016
—
Budders Storage LLC
—
Trustees Deed
related
$15,111 · First Nat'l Bk/weatherford
Apr 1, 2013
—
Budders Storage LLC
—
Trustees Deed
related
$330,000 · First National Bank Weatherfrd
Feb 7, 2013
—
Budders Storage LLC
Gary W Stegall
Venders Lien
$30,000 · First National Bank Of Weatherford
Jan 5, 2009
—
Gary W Stegall
Matlock,guy D & Ann G
Warranty Deed
related
—
—
—
Budders Storage LLC
—
Deed Of Trust
related
$852,372 · First Nat'l Bk/weatherford
—
—
Budders Storage LLC
—
Loan Modification
related
$293,942 · First Nat'l Bk/weatherford
—
—
Budders Storage LLC
—
Deed Of Trust
related
$156,200 · First Nat'l Bk/weatherford
—
—
Budders Storage LLC
—
Deed Of Trust
related
$635,000 · First Nat'l Bk/weatherford
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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