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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Retail space
2618 Interstate 20 Grand Prairie, TX 75052-7031
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3087899
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
16,500 SF
Lot
1.29 ac (55,975 SF)
APN
39747-A-4BR
UPID
US83-3087899
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
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$770k
Owner & transaction history
Pawn Tx INC · 4 yrs held
Pawn Tx INC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+90.9%
Auto repair, garage
$905,000
+44.4%
Neighborhood: shopping center
$740,000
+18.0%
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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$630,000
Current use
MEDICAL BUILDING
$1,200,000
Change: +91% · Conversion: Difficult
AUTO REPAIR, GARAGE
$905,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$740,000
Change: +18% · Conversion: Moderate
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$47 / 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
$63,750
Tax year 2023
Assessed value
$2,940,000
Assessed 2024
Previous assessed
$2,800,000
+5.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$839,805
Assessed improvement
$2,100,195
Land market value
$839,805
Improvement market value
$2,100,195
Total market value
$2,940,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Heating
NONE
Stories
2
Total area
16,500 SF
Lot
1.29 ac (55,975 SF)
APN
39747-A-4BR
UPID
US83-3087899
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
RETAIL STORES Current
Est. value
$630,000
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$905,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$740,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1996
Heating
NONE
Stories
2
Lot
1.29 ac
Current owner
From public records · entity-resolved
Pawn Tx INC
Entity
Mailing address
1600 W 7TH ST, FORT WORTH, TX 76102-2504
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
—
Pawn Tx INC
2618 Parkway LLC
Special Warranty Deed
—
Feb 13, 2018
—
26418 Parkway LLC
—
Deed
related
$500,000 · Alliance Bank Central Texas
May 10, 2017
—
Parkway LLC
—
Deed
related
$5,000,000 · First National Bank Of Central Tx
Nov 15, 2012
—
2618 Parkway LLC
Csc Equity LLC
Venders Lien
$1,400,000 · First National Bank Of Central Tx
Aug 3, 2011
—
Csc Equity LLC
Renegade Motorcycles LLC
Grant Deed
$840,000 · Southwest Bank
Nov 3, 2008
—
Renegade Motorcycles LLC
Ans Real Estate
Grant Deed
$1,200,000 · Ans Real Estate Ltd
—
—
Renegade Motorcycles LLC
—
Deed Of Trust
related
$730,000 · Ans Real Estate Ltd
—
—
Ans Real Estate Ltd
—
Deed Of Trust
related
$710,000 · American Bank
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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