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Property profile & analytics
OFF-MARKET
Estimated value
$1,645,000
Distribution centers
5457 Sandshell Dr Fort Worth, TX 76137-2448
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-0194397
Property summary
AI-generated overview
This exceptional 219,396-square-foot warehouse in Fort Worth, Texas, presents a significant industrial opportunity. Built in 2018, this single-story building boasts a 32-foot ceiling height, ideal for various industrial uses. The property features 49 loading docks (including 6 pit levelers and 32 dock edge plates), along with 2 drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 177 spaces, complemented by 30 trailer stalls. The 12.32-acre lot is situated in Tarrant County at 5457 Sandshell Dr, Fort Worth, TX 76137. A sublease opportunity exists for 4,325 square feet of office space, currently in excellent condition, which includes 182 square feet of shipping office space with 23-foot clear height. The existing tenant's racking system is in place. The addition of an ESFR sprinkler system is possible. Please note that building services, property taxes, and utilities are not included in the lease cost. This property offers a rare combination of size, functionality, and location, making it an attractive investment for discerning businesses.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2018
Total area
219,396 SF
Lot
12.31 ac (536,441 SF)
APN
21554-A-2
UPID
US83-0194397
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
$1.65M
Owner & transaction history
Rreef Cpif Fort Worth Properties Tx · 4 yrs held
Rreef Cpif Fort Worth Properties Tx
since 2022
5 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,435,000
Current use
Blend value · Realmo final
$1.65M
Range $1.48M – $1.81M · ±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
$7 / 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
$300,713
Tax year 2023
Assessed value
$12,724,968
Assessed 2024
Previous assessed
$12,286,176
+3.6% YoY
Effective rate
2.36%
On assessed value
Assessed land
$1,877,474
Assessed improvement
$10,847,494
Land market value
$1,877,474
Improvement market value
$10,847,494
Total market value
$12,724,968
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2018
Heating
NONE
Stories
1
Total area
219,396 SF
Lot
12.31 ac (536,441 SF)
APN
21554-A-2
UPID
US83-0194397
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
WAREHOUSE, STORAGE Current
Est. value
$2.4M
WAREHOUSE, STORAGE Current
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
2018
Heating
NONE
Stories
1
Lot
12.31 ac
Current owner
From public records · entity-resolved
Rreef Cpif Fort Worth Properties Tx
Entity
Free & Clear · 4 yrs held
Mailing address
222 S RIVERSIDE PLZ FL, CHICAGO, IL 60606-5808
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
—
Rreef Cpif Fort Worth Properties Tx
Tx 5457 Sandshell Dr LLC
Special Warranty Deed
—
Sep 27, 2021
—
Tx 5457 Sandshell Dr De LLC
Fossil Creek Owner LLC
Special Warranty Deed
—
Mar 2, 2020
—
Fossil Creek Owner LLC
—
Deed
related
$24,400,000 · Invesco Cmi Bmo Ind'l Seller L
Aug 12, 2019
—
Fossil Creek Owner LLC
—
Loan Modification
related
$100,000,000 · Invesco Cmi Bmo Ind'l Seller L
—
—
Fossil Creek Owner LLC
—
Loan Modification
related
$24,400,000 · Invesco Cmi Bmo Ind'l Seller L
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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