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Property profile & analytics
OFF-MARKET
Estimated value
$1,940,000
Warehouses
4281 Fm 1187 Burleson, TX 76028-8074
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5615529
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2018
Total area
30,302 SF
Lot
2.5 ac (108,900 SF)
APN
A 930-35C01
UPID
US82-5615529
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
-
better days automotive repair specialist Auto Repair Shop
-
CIMA AUTOMOTIVE LLC Service and repair Auto Repair Shop
-
360 Automotive Repair LLC Auto Repair Shop
-
The Good Contractors List General Contractor
-
SER Solutions LLC Tool Repair Shop Machine Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.94M
Owner & transaction history
Premier Flex Burleson LLC · 4 yrs held
Premier Flex Burleson LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.2M
+152.2%
Auto repair, garage
$3.0M
+140.1%
Office building
$3.0M
+135.5%
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 Burleson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burleson 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
WAREHOUSE, STORAGE
$1,255,000
Current use
COMMERCIAL (GENERAL)
$3,165,000
Change: +152% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,015,000
Change: +140% · Conversion: Easy
OFFICE BUILDING
$2,955,000
Change: +135% · Conversion: Difficult
RETAIL STORES
$2,605,000
Change: +108% · Conversion: Moderate
MEDICAL BUILDING
$2,490,000
Change: +98% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,295,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±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
$64 / 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
$54,511
Tax year 2023
Assessed value
$2,975,480
Assessed 2024
Previous assessed
$2,975,480
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$54,450
Assessed improvement
$2,921,030
Land market value
$54,450
Improvement market value
$2,921,030
Total market value
$2,975,480
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Heating
NONE
Stories
1
Total area
30,302 SF
Lot
2.5 ac (108,900 SF)
APN
A 930-35C01
UPID
US82-5615529
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
$1.3M
COMMERCIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
OFFICE BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
2018
Heating
NONE
Stories
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Premier Flex Burleson LLC
Entity
Mailing address
808 S JOHN REDDITT DR #153607, LUFKIN, TX 75904-4300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
—
Premier Flex Burleson LLC
Mpi Investments Incorporated
Venders Lien
$304,000 · Texas Bank
Apr 8, 2021
—
Weatherby 5 Construction INC
—
Deed
related
$50,000 · Providence Bank Of Texas Ssb
Nov 24, 2020
—
Mpi Investm Nts INC
—
Deed
related
$250,000 · Providence Bk
Jan 29, 2020
—
Mpi Investments INC
—
Deed
related
$1,140,000 · Providence Bk/tx Ssb
Oct 6, 2017
—
Mpi Investments INC
—
Trustees Deed
related
$486,700 · Valliance Bk
Oct 5, 2017
—
Mpi Investment INC
—
Deed
related
—
Apr 30, 2011
—
Mpi Invs INC
Owner Name Unavailable
Grant Deed
related
—
Jul 27, 2005
—
Mark Minor
Helton,jack L
Warranty Deed
$82,500 · Jack L Helton
—
—
Mpi Investments INC
—
Deed Of Trust
related
$2,375,000 · Providence Bk/tx Ssb
—
—
Mpi Investments INC
—
Deed Of Trust
related
$1,140,000 · Providence Bk/tx Ssb
—
—
Mpi Investment INC
—
Loan Modification
related
—
—
—
Mpi Investments INC
—
Loan Modification
related
$109,582 · First Financial Bank NA
—
—
Mpi Investment INC
—
Loan Modification
related
—
—
—
Mpi Investm Nts INC
—
Deed Of Trust
related
$250,000 · Providence Bk
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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