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Property profile & analytics
FOR SALE
Retail space
5625 Watauga Rd, Watauga, TX 76148
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1171396
For Sale
1 / 7
$849,000
5625 Watauga Rd, Watauga, TX 76148
View Listing →
Property summary
AI-generated overview
This exceptional commercial property, located at 5625 Watauga Road in Watauga, Texas, presents a unique investment opportunity. The 0.5-acre lot features two buildings totaling approximately 2,100 square feet. One building, with a commercial aesthetic, offers roughly 1,100 square feet of space, while the second building, resembling a house, provides approximately 1,000 square feet. This dual-building setup offers versatility for a variety of uses. The property boasts a highly desirable location, enjoying exceptional visibility directly on Watauga Road. Its strategic proximity to major transportation arteries enhances its appeal
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
3,288 SF
Lot
0.5 ac (21,750 SF)
APN
37570-5-5
UPID
US82-1171396
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
by Request
Owner & transaction history
Rfb Capital LLC · 2 yrs held
Rfb Capital LLC
since 2023
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 Watauga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watauga 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
—
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
$6,587
Tax year 2023
Assessed value
$289,607
Assessed 2024
Previous assessed
$289,607
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$152,250
Assessed improvement
$137,357
Land market value
$152,250
Improvement market value
$137,357
Total market value
$289,607
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1950
Heating
NONE
Stories
1
Total area
3,288 SF
Lot
0.5 ac (21,750 SF)
APN
37570-5-5
UPID
US82-1171396
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
1950
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Rfb Capital LLC
Entity
Mailing address
6924 MAIN ST, FRISCO, TX 75033-4221
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Sep 12, 2023
—
Rfb Capital LLC
Kenny Doan
Venders Lien
$350,000 · Kenny Doan Etal
Aug 24, 2021
—
Kenny Doan
Pamela Sue Dewitt
Warranty Deed
—
Nov 16, 2016
—
Pamela S Dewitt
Jettie,mark
Grant Deed
—
Sep 20, 2016
—
Mark Jettie
Dewitt,pamela S
Grant Deed
—
—
—
Pamela S Dewitt
—
Deed Of Trust
related
$3,468 · Tax Ease Funding LP
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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