New search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Hotels
4609 Citylake W Blvd Fort Worth, TX 76132-3635
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US82-2110864
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Total area
50,964 SF
Lot
2.61 ac (113,909 SF)
APN
7348H-2-3R9
UPID
US82-2110864
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
-
Texas Weslyan College
-
Holiday Inn Express & Suites Fort Worth Southwest (I-20) Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$875k
Owner & transaction history
Jin Hyun Koo And Myung Hee Chu Rlt
Jin Hyun Koo And Myung Hee Chu Rlt
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,080,000
Current use
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$17 / 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
$126,285
Tax year 2023
Assessed value
$5,300,000
Assessed 2024
Previous assessed
$5,138,000
+3.2% YoY
Effective rate
2.38%
On assessed value
Assessed land
$797,496
Assessed improvement
$4,502,504
Land market value
$797,496
Improvement market value
$4,502,504
Total market value
$5,300,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Heating
NONE
Stories
4
Total area
50,964 SF
Lot
2.61 ac (113,909 SF)
APN
7348H-2-3R9
UPID
US82-2110864
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
HOTEL/MOTEL Current
Est. value
$1.1M
HOTEL/MOTEL Current
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
1998
Heating
NONE
Stories
4
Lot
2.61 ac
Current owner
From public records · entity-resolved
Jin Hyun Koo And Myung Hee Chu Rlt
Individual
Mailing address
300 E MAIN DR STE #620, EL PASO, TX 79901-1345
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Mar 27, 2026
—
Jin Hyun Koo And Myung Hee Chu Rlt
Citylake Hotels LLC
Warranty Deed
$5,000,000 · Woori America Bank
Aug 9, 2023
—
Citylake Hotels LLC
—
Deed
related
$7,693,307 · First American Bank
Oct 24, 2019
—
Citylake Hotels LLC
Angel Hospitality IV LLC
Venders Lien
$7,650,000 · Spirit Of Texas Bank Ssb
May 10, 2019
—
Supreme Brite Ft Worth LLC
—
Deed
related
$3,406,903 · Texas Bk
Jan 31, 2014
—
Angel Hospitality IV LLC
Supreme Bright Ft Worth LLC
Special Warranty Deed
—
Dec 31, 2012
—
Supreme Bright Ft Worth LLC
Tpg Cw Reo II LP
Grant Deed
$4,800,000 · Texas Bank
Jun 1, 2010
—
Cw Reo Tpg II
Livingston,jeffrey D
Trustees Deed
related
—
Dec 18, 2007
—
Fch Hulen LLC
Hulen Hospitality LP
Special Warranty Deed
$25,600,000 · Countrywide Commercial Real Estate Finan
—
—
Supreme Brite Ft Worth LLC
—
Loan Modification
related
$3,406,903 · Texas Bk
—
—
Angel Hospitality IV LLC
—
Loan Modification
related
$4,416,492 · Texas Bk
—
—
Supreme Bright Ft Worth LLC
—
Loan Modification
related
$4,302,118 · Texas 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4609 Citylake W Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
