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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
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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