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Property profile & analytics
OFF-MARKET
Drive through restaurants
480 Grapevine Hwy Hurst, TX 76054-2743
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-4419532
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1990
Total area
3,291 SF
Lot
0.64 ac (27,865 SF)
APN
30328-1-B1
UPID
US82-4419532
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
-
Soulmans - Grapevine Hwy BBQ Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hallett No 1 LP · 2 yrs held
Hallett No 1 LP
since 2024
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 Hurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hurst 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,233
Tax year 2023
Assessed value
$788,660
Assessed 2024
Previous assessed
$797,808
-1.1% YoY
Effective rate
2.31%
On assessed value
Assessed land
$334,428
Assessed improvement
$454,232
Land market value
$334,428
Improvement market value
$454,232
Total market value
$788,660
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
3,291 SF
Lot
0.64 ac (27,865 SF)
APN
30328-1-B1
UPID
US82-4419532
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
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Hallett No 1 LP
Entity
Mailing address
PO BOX 1147, ROYSE CITY, TX 75189-1147
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
—
Hallett No 1 LP
Siva P Paruchuri
Venders Lien
$1,170,000 · The American National Bank Of Texas
Sep 11, 2018
—
Siva P Paruchuri
Bomac 26 Investments LLC
Venders Lien
$854,000 · Randolph Brooks FCU
Mar 3, 2016
—
Bomac 26e Investments LLC
Emerald Land Co Lc
Grant Deed
related
—
Oct 29, 2008
—
Emerald Land Co Lc
Mayfair Station LLC
Special Warranty Deed
—
Jul 24, 2007
—
Mayfair Station LLC
500 Grapevine Highway Invtrs L
Grant Deed
$19,700,000 · Lasalle National Bank
—
—
Randalls Food & Drugs LP
—
Deed Of Trust
related
—
—
—
Randalls Food & Drugs LP
—
Deed Of Trust
related
$1,145,000 · Wilmington Trust (ct)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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