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    Property profile & analytics

    403 Fm 1187 Aledo, TX 76008

    • Car washes
    • 3,336 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Mar 27, 2025
    Location Intelligence
    Property ID
    US82-4565114
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Car washes

    Property Details for 403 Fm 1187

    Year built
    2001
    Lot size
    0.44 lot acres
    Property size
    3,336 SF
    Property type
    Car washes
    APN
    16895-001-002-00
    APU
    1689500100200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Aledo
    County
    Parker
    State
    Texas
    Longitude
    -97.6019
    Latitude
    32.6916
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,105
    $134,160
    $100,660
    $234,820
    -
    $134,160
    $100,660
    $234,820

    Comparable in this City

    • Value Estimation
      $580,000
      830 SF

      Fm Rd

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    • Value Estimation by Request

      Highland Hls Dr

      Office space
      0 Highland Hls Dr, Aledo, TX 76008
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      3,212 SF

      13801 Walsh Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,212 SF
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    • Value Estimation
      $425,000
      3,500 SF

      12113 Cp Bowie W Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 3,500 SF
      12113 Cp Bowie W Blvd, Aledo, TX 76008-3515
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    • Value Estimation
      $315,000
      2,304 SF

      100 Fm 1187

      RETAIL STORES (PERSONAL SERVICES) • 2,304 SF
      100 Fm 1187, Aledo, TX 76008-4404
      View Details
    • Value Estimation
      $445,000
      1,472 SF

      300 Fm 1187

      RESTAURANT • 1,472 SF
      300 Fm 1187, Aledo, TX 76008-4205
      View Details

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      Aledo Commercial Land

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      Aledo Home: Investment Opportunity

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    Similar Nearby for Lease

    • $16 SF/Yr
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      Downtown Aledo Retail/Office Space

      Retail or office space available for rent in Aledo, TX.
      213 Mesquite St, Aledo, TX 76008
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      New Retail/Office Space Available

      New retail or office suites for lease in Crowley, TX.
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      Retail Space with Pet Amenities

      Single-story retail space with pet amenities and freeway exposure.
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      3,613 SF

      Aledo Retail Center: Prime Location

      Two retail spaces available, high-growth area.
      709 Fm 1187, Aledo, TX 76008
      View Details
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    403 Fm 1187
    Aledo, TX 76008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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