Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3044 Wichita Ct Fort Worth, TX 76140-1710

    • Manufacturing properties
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2625632
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Alpha Oil Tools a division of SHARP ENERGY GROUP / Oil Field Equipment Supplier
    • Alpha Manufacturing Inc / Manufacturer

    Property Details for 3044 Wichita Ct

    Year built
    1985
    Lot size
    0.24 lot acres
    Property type
    Manufacturing properties
    APN
    46755----1----5R1A91
    APU
    4675515R1A91

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2867
    Latitude
    32.6572
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $300
    $13,068
    $0.00
    $13,068
    -
    $13,068
    $0.00
    $13,068

    Comparable in this City

    • Value Estimation by Request
      1.59 Acres

      8949 Frst Hl Dr

      MANUFACTURING (LIGHT) • 1.59 Acres
      8949 Frst Hl Dr, Fort Worth, TX 76140-9701
      View Details
    • Value Estimation by Request
      15,000 SF

      8744 Forum Way

      MANUFACTURING (LIGHT) • 15,000 SF
      8744 Forum Way, Fort Worth, TX 76140-5008
      View Details
    • Value Estimation by Request
      1.88 Acres

      1225 Forum S Way

      MANUFACTURING (LIGHT) • 1.88 Acres
      1225 Forum S Way, Fort Worth, TX 76140
      View Details
    • Value Estimation by Request
      151,533 SF

      201 Striped Dr

      Manufacturing properties • 151,533 SF
      201 Striped Dr, Fort Worth, TX 76140
      View Details
    • Value Estimation
      $650,000
      39,750 SF

      1201 Forum S Way

      MANUFACTURING (LIGHT) • 39,750 SF
      1201 Forum S Way, Fort Worth, TX 76140-5011
      View Details
    • Value Estimation
      $890,000
      64,960 SF

      9000 Forum Way

      MANUFACTURING (LIGHT) • 64,960 SF
      9000 Forum Way, Fort Worth, TX 76140-5019
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,000 SF

      Fort Worth Industrial Office Space

      Executive Office & Warehouse - 2,000 SF
      344 Thomas Pl, Fort Worth, TX 76140
      View Details
    • Contact for pricing
      2.49 Acres

      Everman Industrial Land Opportunity

      2.49-acre lot, Light Industrial zoning
      332 Thomas Pl, Fort Worth, TX 76140
      View Details
    • $580,000
      4,000 SF

      4,000 SF Warehouse For Sale

      4,000 SF warehouse with restroom and three grade-level doors.
      140 Coin St, Fort Worth, TX 76140
      View Details
    • $950,000
      0.50 Acres

      Fort Worth Warehouse with Office

      Commercial property with office, warehouse, and ample storage space.
      5385 Rendon Rd, Fort Worth, TX 76140
      View Details
    • Contact for pricing
      10,000 SF

      Everman Industrial Distribution Space

      10,000 SF Industrial Building, Prime Location
      328 Thomas Pl, Everman, TX 76140
      View Details
    • $6,500,000
      10.52 Acres

      Fort Worth Truck Parking Facility

      11.72-acre truck parking facility with highway access.
      5513 Everman Kennedale Rd, Fort Worth, TX 76140
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,650 SF

      Fort Worth Warehouse: 9,650 SF

      Single-tenant industrial warehouse in Fort Worth.
      8950 Forum Way, Fort Worth, TX 76140
      View Details
    • Contact for pricing
      8,000 SF

      Renovated Warehouse with Secured Storage

      8,000 SF warehouse with fenced yard and office space.
      1221 Barron Way, Fort Worth, TX 76140
      View Details
    • $6,000 /Mo
      10,000 SF

      Everman Industrial Space with Office

      Well-maintained industrial property with office space and fenced yard.
      301 Thomas Pl, Everman, TX 76140
      View Details
    • Contact for pricing
      53,780 SF

      Fort Worth Warehouse - 53,780 SF

      Large Industrial Warehouse, Fort Worth, TX
      2248 Loop 820, Fort Worth, TX 76140
      View Details
    • $1,800 /Mo

      Everman Warehouse and Office Space

      Warehouse and office space available for lease in Everman, TX.
      323G Thomas Pl, Everman, TX 76140
      View Details
    • $7 SF/Yr
      140,000 SF

      Fort Worth Warehouse Space Available

      140,000 SF warehouse with flexible lease terms and office space.
      1501 Joel East Rd, Fort Worth, TX 76140
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3044 Wichita Ct
    Fort Worth, TX 76140-1710
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.