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Property profile & analytics
FOR SALE
Grocery and convenience stores
5605 Colleyville Blvd, Colleyville, TX 76034
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4037555
For Sale
1 / 2
$35,000
5605 Colleyville Blvd, Colleyville, TX 76034
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2003
Total area
72,617 SF
Lot
7.02 ac (305,791 SF)
APN
42370D-1-2R
UPID
US83-4037555
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
-
Starbucks Cafe & Coffee Shop
-
A Plus ⓟlumber Near You Plumbing Service General Contractor
-
Western Union Bank Credit Union
-
higi Physician
-
Town Center Colleyville Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Svap III Tc Colleyville LLC · 6 yrs held
Svap III Tc Colleyville LLC
since 2020
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 Colleyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colleyville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$32 / 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
$88,196
Tax year 2023
Assessed value
$5,228,424
Assessed 2024
Previous assessed
$5,228,424
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,223,164
Assessed improvement
$4,005,260
Land market value
$1,223,164
Improvement market value
$4,005,260
Total market value
$5,228,424
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
2003
Heating
NONE
Stories
1
Total area
72,617 SF
Lot
7.02 ac (305,791 SF)
APN
42370D-1-2R
UPID
US83-4037555
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
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
7.02 ac
Current owner
From public records · entity-resolved
Svap III Tc Colleyville LLC
Entity
Free & Clear · 6 yrs held
Mailing address
302 DATURA ST STE #100, WEST PALM BEACH, FL 33401-5481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2026
—
Nsrp I Town Center Colleyville
—
Deed
related
—
Apr 7, 2026
—
Nsrp I Town Center Colleyville
—
Deed
related
—
Feb 10, 2020
—
Svap III Tc Colleyville LLC
Velocis Colleyville LP
Grant Deed
related
—
Aug 10, 2018
—
Velocis Colleyville LP
—
Deed
related
$12,899,163 · Jp Morgan Chase Bk
May 26, 2016
—
Velocis Colleyville LP
Colleyville Riverwalk LP
Special Warranty Deed
—
Dec 15, 2011
—
Colleyville Riverwalk LP
Uhlmann Colleyville LLC
Quit Claim Deed
—
—
—
Velocis Colleyville LP
—
Loan Modification
related
$12,899,163 · Jp Morgan Chase Bk
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?”
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