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Property profile & analytics
FOR LEASE
Retail space
508 Bedford Rd Bedford, TX 76022
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US82-3093470
For Lease
1 / 15
$2,900/Mo
508 Bedford Rd, Bedford, TX 76022
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Total area
2,863 SF
Lot
0.36 ac (15,769 SF)
APN
40470-28-B
UPID
US82-3093470
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
-
IBuyHouseThere.com Real Estate Agency
-
Ace Reality Partners Real Estate Agency
-
trustedtexashousebuyers Real Estate Agency
-
toptexashousebuyer Real Estate Agency
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
Fort Worth Internal Medicine P A
Fort Worth Internal Medicine P A
since 2025
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
$7,642
Tax year 2023
Assessed value
$460,828
Assessed 2024
Previous assessed
$398,444
+15.7% YoY
Effective rate
1.66%
On assessed value
Assessed land
$78,850
Assessed improvement
$381,978
Land market value
$78,850
Improvement market value
$381,978
Total market value
$460,828
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1964
Heating
NONE
Stories
1
Total area
2,863 SF
Lot
0.36 ac (15,769 SF)
APN
40470-28-B
UPID
US82-3093470
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
1964
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Fort Worth Internal Medicine P A
Individual
Mailing address
325 GREGORY LN, GRAND PRAIRIE, TX 75052-5737
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Aug 6, 2025
—
Fort Worth Internal Medicine P A
508 Bedford LLC
Deed
$497,600 · Pinnacle Bank
Dec 27, 2024
—
505 Bedford LLC
Mws Acquisitions LLC
Special Warranty Deed
—
Jan 10, 2023
—
Canton D Mcconnell
—
Deed
related
$50,000 · Prosperity Bank
Jun 15, 2022
—
Carlton Mcconnell
Sadler Holdings Series LLC
Venders Lien
$337,500 · Prosperity Bank
Mar 12, 2019
—
Sadler Holdings Series LLC
Smith,george E
Warranty Deed
related
—
Nov 8, 2018
—
Sadler Holding Series LLC
Gore,christopher P
Warranty Deed
related
—
Mar 18, 2010
—
Hjs Operations LLC
Cramer Family Living Trust
Grant Deed
—
Sep 12, 2006
—
Cramer Family Living Trust
Cramer,peggy A
Quit Claim Deed
related
—
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?”
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