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    Property profile & analytics

    5205 Broadway Ave Haltom City, TX 76117-3729

    • Medical Office Space
    • 1,509 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3044745
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical Office Space

    Property Details for 5205 Broadway Ave

    Year built
    1965
    Lot size
    0.21 lot acres
    Property size
    1,509 SF
    Property type
    Medical Office Space
    Property subtype
    Medical space
    APN
    25460-17-L2
    APU
    2546017L2

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Haltom City
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2693
    Latitude
    32.8099
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,904
    $16,104
    $155,761
    $171,865
    -
    $16,104
    $155,761
    $171,865

    Comparable in this City

    • Value Estimation by Request
      3,044 SF

      3233 Denton Hwy

      MEDICAL BUILDING • 3,044 SF
      3233 Denton Hwy, Haltom City, TX 76117-3718
      View Details
    • Value Estimation by Request
      2,162 SF

      3992 Denton Hwy

      DENTAL BUILDING • 2,162 SF
      3992 Denton Hwy, North Richland Hills, TX 76117-2509
      View Details
    • Value Estimation
      $995,000
      24,558 SF

      2919 Markum Dr

      MEDICAL BUILDING • 24,558 SF
      2919 Markum Dr, Haltom City, TX 76117-4004
      View Details
    • Value Estimation by Request
      2,224 SF

      1217 Oak Knl Dr

      MEDICAL BUILDING • 2,224 SF
      1217 Oak Knl Dr, Fort Worth, TX 76117-5505
      View Details
    • Value Estimation by Request
      5,698 SF

      5201 Belknap St

      DENTAL BUILDING • 5,698 SF
      5201 Belknap St, Haltom City, TX 76117-4608
      View Details
    • Value Estimation
      $630,000
      42,334 SF

      2905 Markum Dr

      HOMES (RETIRED, NURSING) • 42,334 SF
      2905 Markum Dr, Haltom City, TX 76117
      View Details

    Similar Nearby for Sale

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      Haltom City Warehouse with Offices

      Versatile commercial property with offices and open storage space.
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    • $289,900
      Pending

      Haltom City Warehouse with Offices

      Warehouse with offices, break room, and roll-up door.
      1403 Oak Knoll Dr, Haltom City, TX 76117
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    • $179,900
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      Commercial Land in Haltom City

      0.54-acre commercial lot in a rapidly growing area.
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      Haltom City Industrial Land

      1.816 acre industrial land near Hwy 121.
      2001 Solona St, Haltom City, TX 76117
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    Similar Nearby for Lease

    • $8 SF/Yr
      13,678 SF

      Wheeler Street Office Space

      Prime Tarrant County office suites available.
      4600 Wheeler St, Fort Worth, TX 76117
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    • $6,365 /Mo
      21,127 SF

      Haltom City Office-Warehouse Flex Space

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    • $1,100 /Mo
      13,068 SF

      Haltom City Office Space Available

      Move-in ready commercial space suitable for various professional uses.
      4209 Broadway Ave, Haltom City, TX 76117
      View Details
    • New
      $3,500 /Mo
      11,238 SF

      Haltom City Office For Rent

      Office space available on a busy road in Haltom City.
      5115 Stanley Keller Rd, Haltom City, TX 76117
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    • $3,500 /Mo
      15,028 SF

      Functional Warehouse with Fenced Yard

      3,200 SF warehouse with office and secure yard.
      2101 Delante St, Haltom City, TX 76117
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    • $7 SF/Yr

      Haltom City Industrial/Flex Sublease

      Industrial/Flex space for sublease, minutes from DFW Airport.
      1663 Hickory Dr, Haltom City, TX 76117
      View Details
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    5205 Broadway Ave
    Haltom City, TX 76117-3729
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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