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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4600 Heritage Trce Pkwy Fort Worth, TX 76244-8900

    • Assisted living facilities
    • 56,116 SF
    • 5.76 lot acres
    OFF-MARKET
    Value Estimations
    $935,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1616184
    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

    • The Harrison at Heritage / Nursing Home
    • MUNAWAR HAIDER / Pediatrician / Physician
    • DOROTHY DENISE GODDARD / Physician
    • Florist Shop / Florist / Wedding Service
    • The Harrison at Heritage Trace / Nursing Home

    Property Details for 4600 Heritage Trce Pkwy

    Year built
    2011
    Lot size
    5.76 lot acres
    Property size
    56,116 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    6320A-1-1
    APU
    6320A11

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $665,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,203,000
      Market price range: $402k - $1.20M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $800,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.286
    Latitude
    32.9133
    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
    $232,069
    $2,007,248
    $7,864,752
    $9,872,000
    -
    $2,007,248
    $7,864,752
    $9,872,000

    Comparable in this City

    • Value Estimation
      $1,430,000
      94,613 SF

      8600 Riverside Dr

      HOMES (RETIRED, NURSING) • 94,613 SF
      8600 Riverside Dr, Fort Worth, TX 76244-9634
      View Details
    • Value Estimation
      $905,000
      50,142 SF

      4240 Golden Triangle Blvd

      HOMES (RETIRED, NURSING) • 50,142 SF
      4240 Golden Triangle Blvd, Fort Worth, TX 76244-4843
      View Details
    • Value Estimation
      $1,085,000
      97,595 SF

      9901 Riverside Dr

      HOMES (RETIRED, NURSING) • 97,595 SF
      9901 Riverside Dr, Fort Worth, TX 76244-9633
      View Details
    • Value Estimation by Request
      7,035 SF

      3121 Bailey Dr

      Restaurants • 7,035 SF
      3121 Bailey Dr, Fort Worth, TX 76244
      View Details
    • Value Estimation by Request
      4,973 SF

      12457 Timberland Blvd

      MEDICAL BUILDING • 4,973 SF
      12457 Timberland Blvd, Fort Worth, TX 76244-5210
      View Details
    • Value Estimation
      $695,000
      9,702 SF

      10600 Riverside Dr

      MEDICAL BUILDING • 9,702 SF
      10600 Riverside Dr, Fort Worth, TX 76244-9504
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12.30 Acres

      Golden Triangle Commercial Land

      12.3 Acres, Prime Fort Worth Location
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      View Details
    • Contact for pricing
      2.30 Acres

      Fort Worth Commercial Land - 2.3 Acres

      Prime Commercial Land, Fort Worth, TX. High-growth area.
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    • Contact for pricing
      3.79 Acres

      Fort Worth Commercial Land Opportunity

      Prime 3.79-Acre Commercial Lot
      4536 Heritage Trace Pkwy, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      113.70 Acres

      Fort Worth Land Lease Opportunity

      113+ acre land suitable for industrial development.
      4115 Golden Triangle Blvd, Fort Worth, TX 76244
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    • $935,000
      1.28 Acres

      Prime Commercial Land Opportunity

      Exceptional commercial land parcel on Golden Triangle Blvd, Fort Worth.
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    • $540,000

      Keller Commercial Land - $540K

      21,622 SF Commercial Lot, Prime Location
      12620 Timberland Blvd, Fort Worth, TX 76244
      View Details

    Similar Nearby for Lease

    • $2,300 /Mo
      86,379 SF

      Fort Worth Retail/Office/Medical Space

      Prime location suitable for retail, office, medical, or service businesses.
      3604 Golden Triangle Blvd, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      7,035 SF

      Shops at Moriah: Fort Worth Office

      7,035 SF Retail/Medical Office Space
      3121 Bailey Dr, Fort Worth, TX 76244
      View Details
    • $3,980 /Mo
      1,589 SF

      Medical Office Space For Lease

      New medical office space in North Fort Worth, available 2026.
      8498 N Riverside Dr, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      2,500 SF

      Fort Worth Office Space Available

      Class A Office Suites, 75-2500 sqft
      9500 Ray White Rd, Fort Worth, TX 76244
      View Details
    • $38 SF/Yr
      9,600 SF

      Fort Worth Retail Space Available

      Prime 1,500 SF End-Cap, High Traffic
      4560 Heritage Trace Pkwy, Fort Worth, TX 76244
      View Details
    • $9 SF/Yr
      4,300 SF

      Fort Worth Flex Space Available

      Industrial flex space, 1,250-2,000 sq ft units.
      3019 Keller Hicks Rd, Fort Worth, TX 76244
      View Details
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    Fort Worth, TX 76244-8900
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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