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Property profile & analytics
FOR SALE
Drug stores
426 S Henderson St Fort Worth, TX 76104
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4225596
For Sale
1 / 2
$2,285,000
426 S Henderson St, Fort Worth, TX 76104
View Listing →
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1990
Total area
6,500 SF
Lot
0.29 ac (12,798 SF)
APN
2545-31-4-10
UPID
US82-4225596
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
-
CVS Pharmacy Specialty Services Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
Tiffany Holloway Pharmacy
-
Krutarth Parikh Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.02M
Owner & transaction history
Henderson Medical Building LLC · 7 yrs held
Henderson Medical Building LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$940,000
+22.9%
Auto repair, garage
$820,000
+7.5%
Restaurant
$790,000
+3.4%
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
$765,000
Current use
COMMERCIAL (GENERAL)
$940,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$820,000
Change: +7% · Conversion: Difficult
RESTAURANT
$790,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$710,000
Change: -7% · Conversion: Easy
MEDICAL BUILDING
$625,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$156 / 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
$22,001
Tax year 2023
Assessed value
$877,150
Assessed 2024
Previous assessed
$972,300
-9.8% YoY
Effective rate
2.51%
On assessed value
Assessed land
$384,000
Assessed improvement
$493,150
Land market value
$384,000
Improvement market value
$493,150
Total market value
$877,150
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
For Sale
Year built
1990
Heating
NONE
Stories
1
Total area
6,500 SF
Lot
0.29 ac (12,798 SF)
APN
2545-31-4-10
UPID
US82-4225596
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
$765,000
COMMERCIAL (GENERAL)
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$820,000
RESTAURANT
Est. value
$790,000
OFFICE BUILDING
Est. value
$710,000
MEDICAL BUILDING
Est. value
$625,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
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
1990
Heating
NONE
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Henderson Medical Building LLC
Entity
Free & Clear · 7 yrs held
Mailing address
315 MEIGS RDA268, SANTA BARBARA, CA 93109-1900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
Henderson Medical Building LLC
—
Deed
related
$1,030,000 · Texas Fincl Bank Dba The Eden State Bank
Jun 11, 2019
—
Henderson Medical Building LLC
410-426 South Henderson LLC
Quit Claim Deed
related
—
Jun 8, 2016
—
410-426 South Henderson LLC
Leung Stephen & H 2000 Trust
Grant Deed
$2,287,500 · Legacy Bk/tx
Jul 11, 2013
—
Leung,stephen S & H S 2000 Trust
Bamberger Doris Trust
Trustees Deed
$1,550,000 · Standard Insurance Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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