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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Strip malls
3050 Cp Wisdom Rd Grand Prairie, TX 75052-4642
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US83-3141467
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Total area
10,273 SF
Lot
1.31 ac (57,020 SF)
APN
6263-1-6A
UPID
US83-3141467
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
-
The Smile Lounge Dental Office
-
T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Glazed Kolache and Donuts Bakery Discount Store
-
Cash Store Loan Service
-
Sugar Crush Boba & Ice Cream Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$580k
Owner & transaction history
Agp Assets INC · 12 yrs held
Agp Assets INC
since 2013
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$875,000
+90.0%
Medical building
$745,000
+61.8%
Auto repair, garage
$565,000
+22.4%
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
NEIGHBORHOOD: SHOPPING CENTER
$460,000
Current use
OFFICE BUILDING
$875,000
Change: +90% · Conversion: Moderate
MEDICAL BUILDING
$745,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$565,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$390,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$56 / 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
$73,932
Tax year 2023
Assessed value
$3,759,918
Assessed 2024
Previous assessed
$3,200,000
+17.5% YoY
Effective rate
1.97%
On assessed value
Assessed land
$898,333
Assessed improvement
$2,861,585
Land market value
$898,333
Improvement market value
$2,861,585
Total market value
$3,759,918
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
10,273 SF
Lot
1.31 ac (57,020 SF)
APN
6263-1-6A
UPID
US83-3141467
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$460,000
OFFICE BUILDING
Est. value
$875,000
MEDICAL BUILDING
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$565,000
RETAIL STORES
Est. value
$390,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2007
Heating
NONE
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Agp Assets INC
Entity
Mailing address
PO BOX 471519, FORT WORTH, TX 76147-5119
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2019
—
Agp Assets INC
—
Deed
related
$2,175,000 · Legacy Bk/tx
Oct 4, 2013
—
Agp Assets INC
Rlm Properties LLC
Grant Deed
$2,175,000 · Legacytexas Bank
Jan 16, 2008
—
Rlm Properties LLC
Mason Ralph L Trust
Grant Deed
—
Nov 21, 2006
—
Mason Ralph L Trust
360/camp Wisdom Investment Ltd
Grant Deed
—
—
—
Agp Assets INC
—
Loan Modification
related
$2,175,000 · Legacy Bk/tx
—
—
Rlm Properties LLC
—
Deed Of Trust
related
$1,724,000 · Bancfirst
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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