New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,925,000
Automotive properties
240 Loop 820 Hurst, TX 76053-7327
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1408921
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2005
Total area
23,540 SF
Lot
5 ac (217,800 SF)
APN
42405M-A-2
UPID
US82-1408921
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
-
Blink Charging Station Electric Vehicle Charging Station
-
Hurst Autoplex Mitsubishi Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.93M
Owner & transaction history
Baum Enterprises LLC · 9 yrs held
Baum Enterprises LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+11.0%
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 Hurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hurst 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,400,000
Current use
RESTAURANT
$2,665,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,395,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±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
$82 / 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
$68,563
Tax year 2023
Assessed value
$3,200,000
Assessed 2024
Previous assessed
$3,000,000
+6.7% YoY
Effective rate
2.14%
On assessed value
Assessed land
$1,306,800
Assessed improvement
$1,893,200
Land market value
$1,306,800
Improvement market value
$1,893,200
Total market value
$3,200,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
23,540 SF
Lot
5 ac (217,800 SF)
APN
42405M-A-2
UPID
US82-1408921
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.4M
RESTAURANT
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Baum Enterprises LLC
Entity
Mailing address
1515 S STEMMONS FWY, LEWISVILLE, TX 75067-6312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2016
—
Baum Enterprises LLC
Klmre Of Horst LLC
Venders Lien
$5,160,000 · Ally Bank
Aug 23, 2010
—
Lmre Of Hurst LLC
Subaru Of Ft Worth Texas Realty M
Grant Deed
$3,478,749 · Bank Of Oklahoma
Jul 26, 2010
—
Subaru Of Ft Worth Texas Realty M
—
Trustees Deed
related
$112,432 · Bank Of Oklahoma
May 6, 2010
—
Subaru Of Ft Worth Texas Realty M
—
Trustees Deed
related
$122,393 · Bank Of Oklahoma
Jan 25, 2010
—
Subaru Of Ft Worth Texas Realty M
—
Trustees Deed
related
$128,943 · Bank Of Oklahoma
Oct 28, 2009
—
Subaru Of Ft Worth Texas Realty M
—
Trustees Deed
related
$138,905 · Bank Of Oklahoma
Apr 1, 2009
—
Subaru Of Arlington Texas Realty
—
Deed Of Trust
related
$3,995,000 · Bank Of Oklahoma
Jun 30, 2008
—
Subaru Of Ft Worth Texas Realty M
—
Grant Deed
related
$10,914,115 · Bank Of Oklahoma
—
—
Subaru Of Ft Worth Texas Realty M
—
Deed Of Trust
related
$2,500,000 · Weitzenhoffer A M JR 1 Tr (tr)
—
—
Subaru Of Ft Worth Texas Realty M
—
Deed Of Trust
related
$3,995,000 · Bank Of Oklahoma
—
—
Subaru Of Ft Worth Texas Realty M
—
Deed Of Trust
related
$3,995,000 · Bank Of Oklahoma
—
—
Subaru Of Ft Worth Texas Realty M
—
Deed Of Trust
related
$4,600,000 · Bank Of Oklahoma
—
—
Subaru Of Ft Worth Texas Realty M
—
Deed Of Trust
related
$300,000 · Bank Of Oklahoma
—
—
Subaru Of Ft Worth Texas Realty M
—
Deed Of Trust
related
$2,500,000 · Weitzenhoffer A M JR 1 Tr (tr)
—
—
Lmre Of Arlington LLC
—
Deed Of Trust
related
$3,816,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 240 Loop 820?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
