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Property profile & analytics
FOR LEASE
Warehouses
3601 Bell Dr Hurst, TX 76053
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3791614
For Lease
1 / 7
Contact for pricing
3601 Bell Dr, Hurst, TX 76053
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Property summary
AI-generated overview
This exceptional flex space, part of the Assured Business Park, offers 7,200 square feet of versatile industrial space in Hurst, Texas. Located at 3601 Bell Drive, this property boasts convenient access to major thoroughfares including SH-183, SH-121, SH-360, and I-20, ensuring seamless transportation and logistics. The single-suite building totals 26,100 square feet, with the available space featuring a 13-foot ceiling height, ideal for various business needs. Functionality is enhanced by dock-high and grade-level loading capabilities, simplifying loading and unloading processes. Security is prioritized with secured outside storage, providing peace of mind for tenants. Furthermore, 24/7 direct access allows for flexible operational hours, catering to diverse business schedules. This property is situated in Tarrant County, Texas, and offers a prime location for businesses seeking efficient and secure industrial space in the thriving Hurst area. The zip code is 76053. This is a multiple tenancy property.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Total area
26,100 SF
Lot
1.24 ac (53,840 SF)
APN
-2070----3---12C--20
UPID
US82-3791614
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
-
Casey's Wrecker Services & Auto Auto Repair Shop Auto Parts Store
-
Plunkett's Pest Control Garden Center
-
Chop Shop Auto Repair Shop Motorcycle Shop
-
Godfather Ink Tattoo & Piercing Shop
-
Final Touch Contracting Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$700k
Owner & transaction history
Drennan Commercial Group 6 LLC · 16 yrs held
Drennan Commercial Group 6 LLC
since 2010
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.0M
+0.2%
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 Hurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hurst 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
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,020,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,025,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$27 / 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
$18,272
Tax year 2023
Assessed value
$939,600
Assessed 2024
Previous assessed
$861,300
+9.1% YoY
Effective rate
1.94%
On assessed value
Assessed land
$174,967
Assessed improvement
$764,633
Land market value
$174,967
Improvement market value
$764,633
Total market value
$939,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1965
Heating
NONE
Cooling
YES
Stories
1
Total area
26,100 SF
Lot
1.24 ac (53,840 SF)
APN
-2070----3---12C--20
UPID
US82-3791614
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
WAREHOUSE, STORAGE Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
1965
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Drennan Commercial Group 6 LLC
Entity
Free & Clear · 16 yrs held
Mailing address
3732 HULEN ST #160, FORT WORTH, TX 76107-6816
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2025
—
Euless Industrial LLC
—
Deed
related
—
Mar 10, 2010
—
Drennan Commercial Group 6 LLC
Drennan Billy R & L Trust
Quit Claim 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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