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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Auto shops
428 Las Vegas Trl White Settlement, TX 76108-1529
Trust Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0339569
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1977
Total area
7,158 SF
Lot
0.52 ac (22,747 SF)
APN
28250-1-1-30
UPID
US82-0339569
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
King Family 1995 Trust · 16 yrs held
King Family 1995 Trust
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+45.6%
Warehouse, storage
$960,000
+36.5%
Restaurant
$925,000
+31.5%
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 White Settlement submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs White Settlement 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
AUTO REPAIR, GARAGE
$705,000
Current use
COMMERCIAL (GENERAL)
$1,025,000
Change: +46% · Conversion: Moderate
WAREHOUSE, STORAGE
$960,000
Change: +37% · Conversion: Easy
RESTAURANT
$925,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$675,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$630,000
Change: -11% · Conversion: Difficult
OFFICE BUILDING
$590,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$89 / 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
$16,570
Tax year 2023
Assessed value
$822,096
Assessed 2024
Previous assessed
$696,921
+18.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$42,770
Assessed improvement
$779,326
Land market value
$42,770
Improvement market value
$779,326
Total market value
$822,096
Applied tax rate
224.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Total area
7,158 SF
Lot
0.52 ac (22,747 SF)
APN
28250-1-1-30
UPID
US82-0339569
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
AUTO REPAIR, GARAGE Current
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$960,000
RESTAURANT
Est. value
$925,000
RETAIL STORES
Est. value
$675,000
MEDICAL BUILDING
Est. value
$630,000
OFFICE BUILDING
Est. value
$590,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
1977
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
King Family 1995 Trust
Trust
Mailing address
16471 MINNEOLA AVE, RIVERSIDE, CA 92503-6925
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2010
—
King Family 1995 Trust
Lasvegas Trail Realty INC
Grant Deed
$85,000 · Robert Baskind
Apr 14, 2009
—
Lasvegas Trail Realty INC
—
Trustees Deed
related
$265,285 · Southwest Securities Bank
Mar 31, 2004
—
Las Vegas Trail Realty INC
Willie Ballard INC
Grant Deed
$300,000 · First Savings Bank
Dec 19, 2001
—
James Warriner
Thurman,lee
Grant Deed
$72,000 · First Preference Mortgage Corp
Oct 4, 2001
—
Lee Thurman
Merrithew,robert B
Grant Deed
$65,500 · Mercantile Bank Texas
—
—
Wille Ballard INC
—
Deed Of Trust
related
$250,000 · Bank One NA
—
—
Lasvegas Trail Realty INC
—
Deed Of Trust
related
$50,000 · Willie Ballard INC
—
—
Lasvegas Trail Realty INC
—
Deed Of Trust
related
$262,993 · Southwest Securities 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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