Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5701 Martin St Fort Worth, TX 76119-5437

    • Mobile home & RV parks
    • 58 SF
    • 6.69 lot acres
    OFF-MARKET
    Last Sale
    Sep 11, 2023
    Value Estimations
    $485,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4331886
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • El Lago II / Mobile Home Dealer
    • B and B Interprizes / House Cleaning Service / Commercial Cleaning Service
    • Affordable Residential Community / Real Estate Agency
    • JazzyJaree Creations / Perfume Store
    • Plum Rooter Services / Plumber

    Property Details for 5701 Martin St

    Year built
    1997
    Lot size
    6.69 lot acres
    Property size
    58 SF
    Property type
    Mobile home & RV parks
    APN
    A-395---9------20
    APU
    A395920

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $495,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $317,000
      Market price range: $9,684 - $321k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2354
    Latitude
    32.6897
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,950
    $291,416
    $2,433,584
    $2,725,000
    -
    $291,416
    $2,433,584
    $2,725,000

    Comparable in this City

    • Value Estimation
      $520,000
      109 SF

      4793 Loop 820th S

      MOBILE HOME PARK, TRAILER PARK • 109 SF
      4793 Loop 820th S, Fort Worth, TX 76119-5410
      View Details
    • Value Estimation
      $260,000
      1,120 SF

      5501 Parker Henderson Rd

      MOBILE HOME PARK, TRAILER PARK • 1,120 SF
      5501 Parker Henderson Rd, Fort Worth, TX 76119-6209
      View Details
    • Value Estimation
      $395,000
      600 SF

      5305 Rita Kay Ln

      MOBILE HOME PARK, TRAILER PARK • 600 SF
      5305 Rita Kay Ln, Fort Worth, TX 76119-8614
      View Details
    • Value Estimation
      $460,000
      110 SF

      5901 Loop 820th S

      MOBILE HOME PARK, TRAILER PARK • 110 SF
      5901 Loop 820th S, Fort Worth, TX 76119
      View Details
    • Value Estimation
      $495,000
      142 SF

      4951 Collett Little Rd

      MOBILE HOME PARK, TRAILER PARK • 142 SF
      4951 Collett Little Rd, Fort Worth, TX 76119-7871
      View Details
    • Value Estimation
      $280,000
      1,148 SF

      5509 Parker Henderson Rd

      MOBILE HOME PARK, TRAILER PARK • 1,148 SF
      5509 Parker Henderson Rd, Fort Worth, TX 76119-6209
      View Details

    Similar Nearby for Sale

    • $455,000
      0.19 Acres

      Fort Worth Multi-Family Investment

      Multi-family property featuring four individual townhome units in Fort Worth.
      4917 Miller Ave, Fort Worth, TX 76119
      View Details
    • New
      $359,990
      2,736 SF

      Fort Worth Duplex Investment Opportunity

      Charming duplex near community college, ideal for investors.
      4512 Alamosa St, Fort Worth, TX 76119
      View Details
    • New
      $359,990
      2,736 SF

      Fort Worth Duplex For Sale

      Charming duplex near community college, ideal for investors.
      4600 Alamosa St, Fort Worth, TX 76119
      View Details
    • $485,000
      0.94 Acres

      Multiple Homes on Large Lot

      Three homes on a large lot, excellent investment opportunity.
      3002 Mecca St, Fort Worth, TX 76119
      View Details
    • $345,000

      Spacious Duplex with Fenced Yard

      Full duplex with 3 bedrooms, 2.5 baths, garage, fenced yard.
      4526 Alamosa St, Fort Worth, TX 76119
      View Details
    • $465,000
      0.13 Acres

      New Construction Duplex in Fort Worth

      New construction duplex for investment or owner-occupancy in Fort Worth.
      3325 Eastland St, Fort Worth, TX 76119
      View Details

    Similar Nearby for Lease

    • $8,000 /Mo
      71,874 SF

      Versatile Church Complex For Rent

      Spacious church complex with two sanctuaries, fellowship hall, and classrooms.
      4633 Wichita St, Fort Worth, TX 76119
      View Details
    • Contact for pricing
      17,896 SF

      Industrial Warehouse with Crane Access

      17,896 SF industrial space with cranes for lease.
      4608 Fairlane Ave, Fort Worth, TX 76119
      View Details
    • Contact for pricing
      2,000 SF

      Fort Worth Warehouse Space Available

      Warehouse space with excellent interstate access and on-site management.
      2722-2740 Loop 820 SE, Fort Worth, TX 76119
      View Details
    • Contact for pricing
      9,011 SF

      Office/Warehouse with Fenced Storage

      9,011 SF office/warehouse with fenced outside storage available for lease.
      3337 Loop 820 E, Fort Worth, TX 76119
      View Details
    • $25 SF/Yr
      2,000 SF

      Fort Worth Flex/Warehouse Space

      2,000 SF available for warehouse, flex, or service-related uses.
      5305 Mosson Rd, Fort Worth, TX 76119
      View Details
    • $12 SF/Yr
      11,000 SF

      Fort Worth Office Space - 11,000 SF

      Spacious single-story office, ideal for school/daycare.
      3947 Loop 820, Fort Worth, TX 76119
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5701 Martin St
    Fort Worth, TX 76119-5437
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.