Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Medical Office Space
5401 Basswood Blvd Fort Worth, TX 76137-6909
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2849190
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
8,400 SF
Lot
1.18 ac (51,314 SF)
APN
31565-34-48R
UPID
US82-2849190
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
-
AIM Billing Solutions Medical Billing Service
-
ER of Watauga - Emergency Room Hospital
-
ER of Watauga - Emergency Room in Fort Worth Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$925k
Blend (final)
Blend
$745k
Owner & transaction history
Kah Vi LLC · 4 yrs held
Kah Vi LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+63.8%
Retail stores
$810,000
+9.7%
Restaurant
$780,000
+5.6%
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 Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth 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
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$740,000
Current use
OFFICE BUILDING
$1,210,000
Change: +64% · Conversion: Easy
RETAIL STORES
$810,000
Change: +10% · Conversion: Difficult
RESTAURANT
$780,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$590,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$89 / 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
$48,780
Tax year 2023
Assessed value
$2,200,000
Assessed 2024
Previous assessed
$2,100,000
+4.8% YoY
Effective rate
2.22%
On assessed value
Assessed land
$615,756
Assessed improvement
$1,584,244
Land market value
$615,756
Improvement market value
$1,584,244
Total market value
$2,200,000
Applied tax rate
223.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Total area
8,400 SF
Lot
1.18 ac (51,314 SF)
APN
31565-34-48R
UPID
US82-2849190
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
MEDICAL BUILDING Current
Est. value
$740,000
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$810,000
RESTAURANT
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$590,000
MEDICAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
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
2008
Heating
NONE
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Kah Vi LLC
Entity
Mailing address
2500 LEHIGH AVE, GLENVIEW, IL 60026-8027
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2021
—
Kah Vi LLC
K And E Limited Partnership
Venders Lien
$6,100,000 · Town And Country Bank
Apr 3, 2019
—
K And E Limited Partnership
—
Deed
related
$8,000,000 · First Midwest Bank
Oct 2, 2015
—
Citi Construction LLC
Dream Oaks LLC
Grant Deed
related
—
Feb 10, 2014
—
Citi Connstruction LLC
Basswood Center Ltd
Grant Deed
related
—
Mar 1, 2010
—
K & E LP
—
Grant Deed
related
$6,000,000 · Jp Morgan Chase Bk
Oct 26, 2007
—
K
—
Deed Of Trust
related
$240,000,000 · J P Morgan Chase Bank
Aug 31, 2006
—
K
Basswood Center Ltd
Grant Deed
related
—
—
—
Basswood Center Ltd
—
Deed Of Trust
related
$45,440 · Tax Ease Fndg
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
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 5401 Basswood Blvd?
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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
