Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Bars & Pubs
2628 Whitmore St Fort Worth, TX 76107-1910
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-3695315
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1976
Total area
6,900 SF
Lot
0.33 ac (14,196 SF)
APN
45630----3---13---20
UPID
US82-3695315
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
-
Maple Branch Craft Brewery Production Facility Brewery & Distillery
-
Joseph Minton Antiques Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$840k
Blend (final)
Blend
$640k
Owner & transaction history
Fw White Settlement Invtrs LP · 7 yrs held
Fw White Settlement Invtrs LP
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$825,000
+5.1%
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 Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth 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
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$785,000
Current use
COMMERCIAL (GENERAL)
$825,000
Change: +5% · Conversion: Easy
RETAIL STORES
$770,000
Change: -2% · Conversion: Easy
MEDICAL BUILDING
$685,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$93 / 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
$67,636
Tax year 2023
Assessed value
$2,000,000
Assessed 2024
Previous assessed
$2,989,072
-33.1% YoY
Effective rate
3.38%
On assessed value
Assessed land
$426,000
Assessed improvement
$1,574,000
Land market value
$426,000
Improvement market value
$1,574,000
Total market value
$2,000,000
Applied tax rate
223.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1976
Heating
NONE
Stories
1
Total area
6,900 SF
Lot
0.33 ac (14,196 SF)
APN
45630----3---13---20
UPID
US82-3695315
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
RESTAURANT Current
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$825,000
RETAIL STORES
Est. value
$770,000
MEDICAL BUILDING
Est. value
$685,000
RESTAURANT Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1976
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Fw White Settlement Invtrs LP
Entity
Mailing address
2623 WHITE SETTLEMENT RD, FORT WORTH, TX 76107-1329
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Nov 23, 2020
—
Master Foundry LP
—
Deed
related
—
Mar 7, 2019
—
Fw White Settlement Invtrs LP
Minton,joseph J
Warranty Deed
$50,000 · Simmons Bk
Aug 20, 2018
—
Joseph J Minton JR.
—
Deed
related
$149,735 · Frost Bk
Oct 12, 2016
—
Joseph J Minton JR
—
Deed
related
$558,246 · Frost Bk
—
—
Joseph J Minton JR
—
Deed Of Trust
related
$600,000 · Frost Bk
—
—
Joseph J Minton
—
Deed Of Trust
related
$110,044 · Frost National Bank
—
—
Joseph J Minton JR
—
Loan Modification
related
$558,246 · Frost Bk
—
—
Joseph J Minton JR.
—
Deed Of Trust
related
$149,735 · Frost Bk
—
—
Master Foundry LP
—
Deed Of Trust
related
—
—
—
Joseph J Minton JR.
—
Deed Of Trust
related
$212,492 · Frost National 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.
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 2628 Whitmore St?
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.
