Back to Search
Property profile & analytics
FOR LEASE
Office buildings
3113 S University Dr Fort Worth, TX 76109
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US82-2470955
For Lease
1 / 2
$930,000
3113 S University Dr, Fort Worth, TX 76109
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1976
Total area
22,787 SF
Lot
0.48 ac (21,048 SF)
APN
14290----4----4---20
UPID
US82-2470955
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
-
Ryffel Law Office, PLLC Law Firm
-
Woodcrest Capital LLC Property Management Company Commercial Real Estate Agency
-
Megu French Japanese Cuisine Restaurant
-
Jayys Esthetics, LLC Spa & Massage Center Skin Care Clinic
-
Tarrant Assurance Corp. Accounting Firm Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Steven Grider · 27 yrs held
Steven Grider
since 1998
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$41 / 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
$16,654
Tax year 2023
Assessed value
$922,433
Assessed 2024
Previous assessed
$736,000
+25.3% YoY
Effective rate
1.81%
On assessed value
Assessed land
$210,500
Assessed improvement
$711,933
Land market value
$210,500
Improvement market value
$711,933
Total market value
$922,433
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1976
Heating
NONE
Stories
6
Total area
22,787 SF
Lot
0.48 ac (21,048 SF)
APN
14290----4----4---20
UPID
US82-2470955
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
1976
Heating
NONE
Stories
6
Lot
0.48 ac
Current owner
From public records · entity-resolved
Steven Grider
Individual
Mailing address
3113 S UNIVERSITY DR STE #600, FORT WORTH, TX 76109-5622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2023
—
Campus Six Limited Partnership
—
Deed
related
$870,000 · Guaranty Bank
Jun 25, 2020
—
Campus Six LP
—
Deed
related
$1,840,000 · Prosperity Bk
Apr 3, 2017
—
Campus Six LP
—
Deed
related
$1,840,000 · Prosperity Bk
Aug 31, 2011
—
Campus Six LP
—
Trustees Deed
related
$500,000 · Southwest Bank
Oct 1, 1998
—
Steven Grider
Turner,nola M
Grant Deed
related
—
Jan 15, 1998
—
John B Nelson
Vestal,marsha A
Grant Deed
$72,699 · Muirfield Mortgage
—
—
Campus Six LP
—
Deed Of Trust
related
$1,840,000 · American St Bk
—
—
Campus Six LP
—
Loan Modification
related
$1,840,000 · Prosperity Bk
—
—
Campus Six LP
—
Deed Of Trust
related
$21,877 · Tax Ease Funding LP
—
—
Campus Partners INC
—
Deed Of Trust
related
$580,000 · Individual
—
—
Campus Six LP
—
Loan Modification
related
$1,840,000 · Prosperity Bk
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?”
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.
