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Property profile & analytics
OFF-MARKET
Estimated value
$4,475,000
Office buildings
4200 Airport Fwy Fort Worth, TX 76117-6262
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-0219230
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
31,194 SF
Lot
2.28 ac (99,404 SF)
APN
17840--1
UPID
US82-0219230
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
-
Goodwill North Central Texas Regional Headquarters & Career Center Charitable Organization Social Service Agency
-
Marilyn Shell, Attorney At Law Law Firm
-
FedEx Drop Box Shipping Company Freight Service
-
Apex Construction Inc Construction Company
-
Arbitration Associates Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.95M
Blend (final)
Blend
$4.48M
Owner & transaction history
Goodwill Industries Of Fort Worth I · 4 yrs held
Goodwill Industries Of Fort Worth I
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.2M
+87.6%
Auto repair, garage
$4.4M
+15.6%
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
OFFICE BUILDING
$3,845,000
Current use
COMMERCIAL (GENERAL)
$7,210,000
Change: +88% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,445,000
Change: +16% · Conversion: Difficult
RESTAURANT
$3,815,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$4.48M
Range $4.03M – $4.92M · ±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
$143 / 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
Assessed value
$3,096,252
Assessed 2024
Previous assessed
$2,567,600
+20.6% YoY
Assessed land
$298,260
Assessed improvement
$2,797,992
Land market value
$298,260
Improvement market value
$2,797,992
Total market value
$3,096,252
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
1980
Heating
NONE
Stories
1
Total area
31,194 SF
Lot
2.28 ac (99,404 SF)
APN
17840--1
UPID
US82-0219230
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
OFFICE BUILDING Current
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$4.4M
RESTAURANT
Est. value
$3.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
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
1980
Heating
NONE
Stories
1
Lot
2.28 ac
Current owner
From public records · entity-resolved
Goodwill Industries Of Fort Worth I
Individual
Mailing address
4200 AIRPORT FWY, FORT WORTH, TX 76117-6262
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Feb 15, 2022
—
Goodwill Industries Of Fort Worth I
Goodwill Airport Freeway INC
Lease
$1,415,000 · Pnc Cde 1131 LLC
Jan 28, 2022
—
Goodwill Airport Freeway INC
Goodwill Industries Of Fort Worth I
Special Warranty Deed
—
Jul 13, 2021
—
Goodwill Industries Of Fort Worth I
Lakeland West Capital 37 LLC
Special Warranty Deed
—
Oct 13, 2020
—
Lakeland West Capital 37 LLC
—
Deed
related
$1,500,000 · Alliance Bank Central Texas
Dec 6, 2019
—
Lakeland West Capital 37 LLC
Vincent K Mark|vmw Investments LLC
Trustees Deed
related
—
Mar 11, 2015
—
Vmw Investments LLC
Jhs Ventures LLC
Warranty Deed
$2,152,500 · Wells Fargo Bk
May 23, 2005
—
Jhs Ventures LLC
4200 Co INC
Grant Deed
$86,500 · Texas Bank
Oct 27, 2004
—
4200 Co INC
—
Trustees Deed
related
$50,000 · Century Bank Fsb
—
—
Jhs Ventures LLC
—
Deed Of Trust
related
$125,000 · Compass Bank
—
—
Jhs Ventures LLC
—
Deed Of Trust
related
—
—
—
Jhs Ventures LLC
—
Deed Of Trust
related
$1,650,000 · Plains Capital Bank
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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