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Property profile & analytics
OFF-MARKET
Office Spaces
5209 Heritage Ave Ste 310 Colleyville, TX 76034-5991
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5108065
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
1,076 SF
Lot
0.13 ac (5,531 SF)
APN
7745C-3-310
UPID
US82-5108065
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
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
5209 Heritage Colleyville · 3 yrs held
5209 Heritage Colleyville
since 2022
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 Colleyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colleyville 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
$4,465
Tax year 2023
Assessed value
$269,000
Assessed 2024
Previous assessed
$264,696
+1.6% YoY
Effective rate
1.66%
On assessed value
Assessed land
$32,788
Assessed improvement
$236,212
Land market value
$32,788
Improvement market value
$236,212
Total market value
$269,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
1,076 SF
Lot
0.13 ac (5,531 SF)
APN
7745C-3-310
UPID
US82-5108065
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
2007
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
5209 Heritage Colleyville
Individual
Mailing address
6901 BASKET FLOWER RD, ARGYLE, TX 76226-2710
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
—
5209 Heritage Colleyville
Tak Enterprises INC
Venders Lien
$295,000 · Tak Enterprises INC
Jul 12, 2011
—
Tak Ents INC
—
Trustees Deed
related
$935,000 · Affiliated Bank
—
—
Tak Ents INC
—
Deed Of Trust
related
$174,007 · Affiliated Bk
—
—
Tak Ents INC
—
Deed Of Trust
related
$305,000 · Affiliated Bank
—
—
Tak Ents INC
—
Deed Of Trust
related
$377,656 · Affiliated Bank
—
—
Tak Ents INC
—
Deed Of Trust
related
$305,000 · Affiliated Bank
—
—
Tak Ents INC
—
Deed Of Trust
related
$134,051 · Tax Ease Funding LP
—
—
Tak Ents INC
—
Loan Modification
related
$118,122 · Affiliated Bk
—
—
Tak Ents INC
—
Deed Of Trust
related
$177,866 · Tax Ease Funding LP
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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