Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Distribution centers
2895 113th St Grand Prairie, TX 75050-6481
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1275133
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1988
Total area
103,658 SF
Lot
4.61 ac (201,029 SF)
APN
48529-10-4R
UPID
US82-1275133
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
-
BLUE MOOSE APPAREL Industrial Manufacturer Production Facility
-
RAW Wheels + Tires (Bike/Boat/Book/etc) Store Auto Parts Store
-
PrimeTime Advertising Marketing & Advertising Advertising Agency
-
Spirit Stop Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
Bpt Grand Prairie Properties LLC · 1 yrs held
Bpt Grand Prairie Properties LLC
since 2025
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / 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
$120,669
Tax year 2023
Assessed value
$5,535,232
Assessed 2024
Previous assessed
$5,300,000
+4.4% YoY
Effective rate
2.18%
On assessed value
Assessed land
$703,633
Assessed improvement
$4,831,599
Land market value
$703,633
Improvement market value
$4,831,599
Total market value
$5,535,232
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1988
Heating
NONE
Stories
3
Total area
103,658 SF
Lot
4.61 ac (201,029 SF)
APN
48529-10-4R
UPID
US82-1275133
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
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
3
Lot
4.61 ac
Current owner
From public records · entity-resolved
Bpt Grand Prairie Properties LLC
Entity
Mailing address
205 W 28TH ST FL, NEW YORK, NY 10001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
Bpt Grand Prairie Properties LLC
Terra Dfw Industrial Portfolio LLC
Special Warranty Deed
$12,246,223 · First Horizon Bank
Jun 27, 2023
—
Tpg Re Finance 24 Ltd
—
Deed
related
—
Mar 24, 2023
—
Terra Dfw Industrial Portfolio LLC
2895 113th Street LP
Special Warranty Deed
—
Dec 21, 2012
—
Wilkerson Group Ltd
Wilkerson,john G JR
Quit Claim Deed
related
—
Sep 21, 2010
—
John G Wilkerson JR.
Bank Of America
Grant Deed
—
Jul 22, 2010
$2,132,533
Bank Of America
Harvard Timothy J
Trustees Deed
related
—
Mar 24, 2008
—
Optec Investments LLC
Mp Post & Paddock
Deed Of Trust
related
$3,649,600 · 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 2895 113th 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.
