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Property profile & analytics
OFF-MARKET
Estimated value
$3,055,000
Industrial properties
501 Wilhite St Cleburne, TX 76031-6338
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5654352
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1948
Total area
203,056 SF
Lot
7.96 ac (346,694 SF)
APN
126.2800.21340
UPID
US82-5654352
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
-
Rangaire Manufacturing Company LP Industrial Manufacturer Production Facility
-
Broan-Nu Tone Storage Solutions LP Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.06M
Owner & transaction history
Rangaire Property Holdings LLC · 12 yrs held
Rangaire Property Holdings LLC
since 2014
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 Cleburne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleburne 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
$15 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$19,448
Tax year 2024
Assessed value
$873,960
Assessed 2024
Previous assessed
$873,960
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$195,016
Assessed improvement
$678,944
Land market value
$195,016
Improvement market value
$678,944
Total market value
$873,960
Applied tax rate
126.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1948
Heating
NONE
Total area
203,056 SF
Lot
7.96 ac (346,694 SF)
APN
126.2800.21340
UPID
US82-5654352
Jurisdiction
JOHNSON
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
1948
Heating
NONE
Lot
7.96 ac
Current owner
From public records · entity-resolved
Rangaire Property Holdings LLC
Entity
Mailing address
215 HIDDEN OAKS DR, HUDSON OAKS, TX 76087-8649
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Nov 2, 2017
—
Rangaire Property Holdings LLC
—
Grant Deed
related
$1,995,000 · Branch Bk&tr
Dec 8, 2016
—
Rangaire Property Holdings LLC
—
Deed
related
$831,361 · North Star Bk
Oct 24, 2016
—
Rangaire Property Holdings LLC
—
Deed
related
$480,000 · North Star Bk/tx
Feb 4, 2014
—
Rangaire Property Holdings LLC
Broan-nutone Storage Solutions
Quit Claim Deed
related
$947,500 · Community Bk
—
—
Broan-nutone Storage Solutions
—
Deed Of Trust
related
—
—
—
Broan-nutone Storage Solutions
—
Deed Of Trust
related
—
—
—
Rangaire Property Holdings LLC
—
Loan Modification
related
$831,361 · North Star Bk
—
—
Rangaire Property Holdings LLC
—
Deed Of Trust
related
$480,000 · North Star Bk/tx
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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