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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Retail space
513 Alta Mere Dr Fort Worth, TX 76114-4054
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5384808
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Total area
6,098 SF
Lot
0.69 ac (30,226 SF)
APN
46255M-3-2R1
UPID
US82-5384808
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
-
The Secret Chambers Escape Room Arcade & Gaming Center
-
Snowtime Snow Cones Grocery & Convenience Store Specialty Food Shop
-
Quarter Lounge Arcade - Fort Worth Arcade & Gaming Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$893k
Blend (final)
Blend
$915k
Owner & transaction history
Big Tex Westover Ltd · 15 yrs held
Big Tex Westover Ltd
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+85.3%
Auto repair, garage
$885,000
+37.3%
Restaurant
$850,000
+32.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$645,000
Current use
COMMERCIAL (GENERAL)
$1,195,000
Change: +85% · Conversion: Easy
AUTO REPAIR, GARAGE
$885,000
Change: +37% · Conversion: Difficult
RESTAURANT
$850,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$790,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$150 / 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
$25,117
Tax year 2023
Assessed value
$1,196,919
Assessed 2024
Previous assessed
$1,110,000
+7.8% YoY
Effective rate
2.10%
On assessed value
Assessed land
$574,370
Assessed improvement
$622,549
Land market value
$574,370
Improvement market value
$622,549
Total market value
$1,196,919
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Heating
NONE
Stories
1
Total area
6,098 SF
Lot
0.69 ac (30,226 SF)
APN
46255M-3-2R1
UPID
US82-5384808
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
RETAIL STORES Current
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$885,000
RESTAURANT
Est. value
$850,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
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
2011
Heating
NONE
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Big Tex Westover Ltd
Individual
Mailing address
8333 DOUGLAS AVE, DALLAS, TX 75225-5845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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, 2019
—
Big Tex Westover Ltd
—
Deed
related
—
Mar 14, 2018
—
Big Tex Westover Ltd
—
Deed
related
$762,837 · Frost Bk
Feb 3, 2011
—
Big Tex Westover Ltd
Arrowrock Westover Village LP
Special Warranty Deed
$1,254,735 · Frost National Bank
—
—
Big Tex Westover Ltd
—
Loan Modification
related
$1,128,735 · Frost Bk
—
—
Big Tex Westover Ltd
—
Loan Modification
related
$1,128,735 · Frost Bk
—
—
Big Tex Westover Ltd
—
Loan Modification
related
$1,128,735 · Frost Bk
—
—
Big Tex Westover Ltd
—
Loan Modification
related
$762,837 · Frost Bk
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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