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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Strip malls
5230 Denton Hwy Haltom City, TX 76148-4100
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0353372
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Total area
23,515 SF
Lot
4.03 ac (175,547 SF)
APN
13571-1-1
UPID
US82-0353372
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
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$880k
Blend (final)
Blend
$775k
Owner & transaction history
Ron Sturgeon Real Estate LP · 10 yrs held
Ron Sturgeon Real Estate LP
since 2016
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 Haltom City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haltom City 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
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,185,000
Current use
WAREHOUSE, STORAGE
$1,025,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$33 / 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
$50,745
Tax year 2023
Assessed value
$2,543,230
Assessed 2024
Previous assessed
$2,233,925
+13.8% YoY
Effective rate
2.00%
On assessed value
Assessed land
$331,934
Assessed improvement
$2,211,296
Land market value
$331,934
Improvement market value
$2,211,296
Total market value
$2,543,230
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
23,515 SF
Lot
4.03 ac (175,547 SF)
APN
13571-1-1
UPID
US82-0353372
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
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
1978
Heating
NONE
Stories
1
Lot
4.03 ac
Current owner
From public records · entity-resolved
Ron Sturgeon Real Estate LP
Entity
Free & Clear · 10 yrs held
Mailing address
5940 EDEN DR, HALTOM CITY, TX 76117-6121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2020
—
Reale Ron Sturgeon R & E LP
—
Deed
related
—
Jul 1, 2016
—
Ron Sturgeon Real Estate LP
—
Deed
related
—
Apr 28, 2016
—
Ron Sturgeon Real Estate LP
Texas Reverse Exchange Holding
Grant Deed
—
Jan 19, 2016
—
Ron Sturgeon Real Estate LP
Heritage Investment Corp
Grant Deed
related
—
Oct 7, 2015
—
Heritage Investment Corp
Ron Sturgeon Real Estate LP
Grant Deed
—
Apr 14, 2014
—
Ron Sturgeon Real Estate LP
Greenwich Invtrs Xvl Reo LLC
Grant Deed
—
Nov 8, 2013
$1,112,102
Greenwich Invtrs Xlv Reo LLC
Anderson,richard E
Trustees Deed
related
—
Jan 24, 2007
—
Northgate Farms
Runyon,andrew H
Grant Deed
$1,088,000 · Union Bank Of California
Dec 18, 2006
—
Andrew H Runyon
Ram Ents
Grant Deed
—
—
—
Reale Ron Sturgeon R & E LP
—
Deed Of Trust
related
—
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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