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Property profile & analytics
OFF-MARKET
Estimated value
$15,010,000
Grocery and convenience stores
3451 Heritage Trce Pkwy Fort Worth, TX 76177-7505
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-6807149
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2023
Total area
128,640 SF
Lot
10.24 ac (446,185 SF)
APN
17829H-1-3
UPID
US82-6807149
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
-
H-E-B Grocery & Convenience Store Food Market
-
True Texas BBQ Restaurant
-
H-E-B Alliance Pharmacy Pharmacy
-
KeyMe Locksmiths Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.75M
Blend (final)
Blend
$15.01M
Owner & transaction history
H E B LP · 5 yrs held
H E B LP
since 2021
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.4M
+24.5%
Auto repair, garage
$14.5M
+16.8%
Restaurant
$12.5M
+0.5%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$12,395,000
Current use
MEDICAL BUILDING
$15,430,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,480,000
Change: +17% · Conversion: Difficult
RESTAURANT
$12,455,000
Change: +0% · Conversion: Easy
OFFICE BUILDING
$11,285,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$10,485,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$15.01M
Range $13.51M – $16.51M · ±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
$117 / 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
$20,366
Tax year 2023
Assessed value
$14,000,000
Assessed 2024
Previous assessed
$890,188
+1,472.7% YoY
Effective rate
0.15%
On assessed value
Assessed land
$6,692,775
Assessed improvement
$7,307,225
Land market value
$6,692,775
Improvement market value
$7,307,225
Total market value
$14,000,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2023
Total area
128,640 SF
Lot
10.24 ac (446,185 SF)
APN
17829H-1-3
UPID
US82-6807149
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
RETAIL STORES Current
Est. value
$12.4M
MEDICAL BUILDING
Est. value
$15.4M
AUTO REPAIR, GARAGE
Est. value
$14.5M
RESTAURANT
Est. value
$12.5M
OFFICE BUILDING
Est. value
$11.3M
WAREHOUSE, STORAGE
Est. value
$10.5M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2023
Lot
10.24 ac
Current owner
From public records · entity-resolved
H E B LP
Entity
Free & Clear · 5 yrs held
Mailing address
3890 WNW HWY STE #300, DALLAS, TX 75220-5194
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2021
—
H E B LP
All Investment LP
Special Warranty Deed
—
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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