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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Office buildings
3124 Sandage Ave Fort Worth, TX 76109-2351
Entity Owned
Free & Clear
Property ID
US83-1568019
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
1,960 SF
Lot
0.14 ac (6,247 SF)
APN
6050-9-18
UPID
US83-1568019
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
-
Farmers Insurance - Larry Kardaras Insurance Agency
-
Cade Harris Law PLLC Law Firm
-
Purple Housing Real Estate Agency
-
Fillmore Family Law Center, PC Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$580k
Owner & transaction history
Lkt Holdings LLC
Lkt Holdings LLC
since 2026
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$610,000
6.5%
$560,000
7%
$520,000
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
$296 / 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
$8,958
Tax year 2023
Assessed value
$395,876
Assessed 2024
Previous assessed
$395,876
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$37,500
Assessed improvement
$358,376
Land market value
$37,500
Improvement market value
$358,376
Total market value
$395,876
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
Status
Off-Market
Year built
1971
Heating
NONE
Stories
1
Total area
1,960 SF
Lot
0.14 ac (6,247 SF)
APN
6050-9-18
UPID
US83-1568019
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
1971
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Lkt Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3124 SANDAGE AVE, FORT WORTH, TX 76109-2351
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Mar 27, 2026
—
Lkt Holdings LLC
Kardaras Family Trust
Special Warranty Deed
—
Mar 12, 2025
—
Larry Edward Kardaras JR
Larry Edward Kardaras JR
Warranty Deed
related
—
Sep 3, 2024
—
Rothchild & Rothchild LLC
Ming Mei Feng
Warranty Deed
—
Jun 1, 2018
—
Larry Kardaras
Cozy Commercial LLC
Venders Lien
$395,000 · Worthington National Bank
Jul 31, 2015
—
Cozy Commercial LLC
Harris,cade
Warranty Deed
—
Apr 23, 2015
—
Cade Harris
Tucker Properties LLC
Warranty Deed
—
Jun 27, 2013
—
Tucker Properties LLC
Bickford,thomas R
Warranty Deed
$235,000 · Trinity Bank
Dec 14, 2005
—
Thomas R Bickford
Bickford Amy E Trust
Quit Claim Deed
related
—
—
—
Thomas R Bickford
—
Deed Of Trust
related
$49,500 · Frost National Bank
—
—
Tradition Guitars INC
—
Deed Of Trust
related
$127,500 · American National Bank Texas
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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