Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $955,000
    Investment properties

    5220 Fm 1187, Burleson, TX 76028-3052

    18,540 SF 5.85 ac lot Built 1980
    Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-2092911
    Property summary
    AI-generated overview

    This prime retail opportunity is located in the Rendon Shopping Center at 5220 FM1187, Burleson, Texas 76028. The center offers a total of 7,500 square feet of retail space, with 3,900 square feet currently available for lease. Built in 1980, the center benefits from its established location and high visibility. Currently, there are multiple tenancies within the center. One available space, previously used as a fireworks inventory and sales store, offers 1,844 square feet. Another available space, a former t-shirt shop, is located next to the Hoots bar and measures 2,056 square feet. This space is an end cap unit on the east side of the bar. The property's location in Burleson, Texas provides excellent access to a thriving community. This is an ideal opportunity for businesses seeking high-traffic exposure in a well-established retail center. The available spaces present a versatile opportunity for a variety of retail uses. Interested parties are encouraged to inquire about lease terms and availability.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1980
    Total area 18,540 SF
    Lot 5.85 ac (254,826 SF)
    APN A1263--19D02---20
    UPID US82-2092911
    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
    • Hoots Bar Dance and Pool Nightclub Music Venue
    • ATM Machine at Hoot's Bar Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $585k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.32M
    Blend (final) Blend
    $955k
    Owner & transaction history
    Ray A Hallford · 10 yrs held
    Ray A Hallford
    since 2016
    3 recorded transactions
    2016
    2009
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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?”
    You own 5220 Fm 1187?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message