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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Strip malls
5040 Tarrant Pkwy, Fort Worth, TX 76244-5389
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9284384
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
16,120 SF
Lot
1.77 ac (77,145 SF)
APN
33207-A-3R
UPID
US82-9284384
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
-
Naja Thomas Pediatrician Physician
-
Moore Angela S DDS Dental Office
-
JJ's Taco Shop Fort Worth: Kitchen & Bar Restaurant
-
Carl Middleton, MD Physician
-
Healthy Foot Spa Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$530k
Owner & transaction history
Fulaiya LLC · 7 yrs held
Fulaiya LLC
since 2018
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
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$750,000
Current use
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$33 / 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
$72,009
Tax year 2023
Assessed value
$3,150,000
Assessed 2024
Previous assessed
$3,100,000
+1.6% YoY
Effective rate
2.29%
On assessed value
Assessed land
$925,737
Assessed improvement
$2,224,263
Land market value
$925,737
Improvement market value
$2,224,263
Total market value
$3,150,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
16,120 SF
Lot
1.77 ac (77,145 SF)
APN
33207-A-3R
UPID
US82-9284384
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$750,000
NEIGHBORHOOD: SHOPPING CENTER 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
2006
Heating
NONE
Stories
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Fulaiya LLC
Entity
Mailing address
1035 HOPEWELL DR, ALLEN, TX 75013-5621
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2018
—
Fulaiya LLC
Quadrant North Tarrant Partners Ltd
Venders Lien
$1,575,000 · American First National Bank
—
—
Quadrant North Tarrant Ptrs Lt
—
Deed Of Trust
related
$108,248 · Tax Ease Fndg
—
—
Quadrant North Tarrant Ptrs In
—
Deed Of Trust
related
$194,850 · Tax Ease Fndg
—
—
Quadrant North Tarrant Ptrs Lt
—
Loan Modification
related
$366,213 · Tax Ease Fndg
—
—
Quadrant North Tarrant Ptrs Lt
—
Deed Of Trust
related
$164,523 · Tax Ease Fndg
—
—
Quadrant North Tarrant Ptrs Lt
—
Loan Modification
related
$4,236,488 · First United Bk/grafton
—
—
Quadrant North Tarrant Ptrs Lt
—
Loan Modification
related
$4,800,000 · First United Bk/grafton
—
—
Quadrant North Tarrant Ptrs Lt
—
Loan Modification
related
$287,874 · Tax Ease Fndg
—
—
Quadrant North Tarrant Ptrs Lt
—
Loan Modification
related
$4,453,826 · First United Bk/grafton
—
—
Quadrant North Tarrant Ptrs Lt
—
Loan Modification
related
$4,059,871 · First United Bk
—
—
Quadrant North Tarrant Ptrs Lt
—
Loan Modification
related
$4,209,316 · First United Bk/grafton
—
—
Quadrant North Tarrant Ptrs Lt
—
Loan Modification
related
$4,399,519 · First United Bk/grafton
—
—
Quadrant North Tarrant Ptrs Lt
—
Deed Of Trust
related
$422,310 · Tax Ease Fndg
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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