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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office buildings
2563 Grapevine Pkwy Grapevine, TX 76051-7072
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3874955
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
7,314 SF
Lot
1.1 ac (47,872 SF)
APN
39727-1-5R1A
UPID
US83-3874955
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
-
USHEALTH Advisors Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$677k
Blend (final)
Blend
$535k
Owner & transaction history
Coltwest LLC · 4 yrs held
Coltwest LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$630,000
+19.9%
Commercial (general)
$625,000
+18.5%
Restaurant
$590,000
+12.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$525,000
Current use
RETAIL STORES
$630,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$625,000
Change: +19% · Conversion: Easy
RESTAURANT
$590,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$535,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$73 / 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
$25,149
Tax year 2023
Assessed value
$1,784,616
Assessed 2024
Previous assessed
$1,500,178
+19.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$490,555
Assessed improvement
$1,294,061
Land market value
$490,555
Improvement market value
$1,294,061
Total market value
$1,784,616
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
2006
Heating
NONE
Stories
1
Total area
7,314 SF
Lot
1.1 ac (47,872 SF)
APN
39727-1-5R1A
UPID
US83-3874955
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
OFFICE BUILDING Current
Est. value
$525,000
RETAIL STORES
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$625,000
RESTAURANT
Est. value
$590,000
MEDICAL BUILDING
Est. value
$535,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
2006
Heating
NONE
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Coltwest LLC
Entity
Mailing address
9002 SAWGRASS CT, GRANBURY, TX 76049-4181
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 5, 2022
—
Coltwest LLC
Uvl Investments LLC
Venders Lien
$800,000 · Ubank
Dec 11, 2018
—
Uvl Investments LLC
—
Deed
related
$1,215,000 · Providence Bk/tx Ssb
Jul 25, 2017
—
Uvl Investments LLC
Ets-usa Investments LLC
Grant Deed
$1,215,000 · Providence Bk/tx Ssb
May 29, 2014
—
Ets-usa Investments LLC
2563 Sw Grapevine LLC
Grant Deed
—
Oct 3, 2012
—
2563 Sw Grapevine LLC
Southpeak Interactive LLC
Grant Deed
$995,000 · First National Bank Town Squar
Oct 9, 2007
—
Southpeak Interactive LLC
Gt Mustang Drive LP
Venders Lien
—
Nov 3, 2006
—
Gt Mustang Drive
Coppermark Bank
Grant Deed
$897,010 · Coppermark Bank
Sep 6, 2006
$746,701
Coppermark Bank
Wiarda,martin R
Trustees Deed
related
—
—
—
Uvl Investments LLC
—
Deed Of Trust
related
$1,215,000 · Providence Bk/tx Ssb
—
—
Ets-usa Investments LLC
—
Deed Of Trust
related
$700,000 · Cathay Bk
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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