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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Sports & entertainment properties
5724 Walnut Crk Dr Fort Worth, TX 76137
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9347584
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2014
Total area
10,752 SF
Lot
2.66 ac (115,782 SF)
APN
28197-1-1R1
UPID
US82-9347584
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$613k
Blend (final)
Blend
$570k
Owner & transaction history
Dalmore Event Venue LLC · 5 yrs held
Dalmore Event Venue LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$945,000
+118.5%
Auto repair, garage
$755,000
+74.8%
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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$430,000
Current use
MEDICAL BUILDING
$945,000
Change: +118% · Conversion: Difficult
AUTO REPAIR, GARAGE
$755,000
Change: +75% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$405,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$53 / 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
$69,952
Tax year 2023
Assessed value
$3,000,000
Assessed 2024
Previous assessed
$2,858,000
+5.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$231,565
Assessed improvement
$2,768,435
Land market value
$231,565
Improvement market value
$2,768,435
Total market value
$3,000,000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2014
Heating
NONE
Stories
1
Total area
10,752 SF
Lot
2.66 ac (115,782 SF)
APN
28197-1-1R1
UPID
US82-9347584
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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$430,000
MEDICAL BUILDING
Est. value
$945,000
AUTO REPAIR, GARAGE
Est. value
$755,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$405,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2014
Heating
NONE
Stories
1
Lot
2.66 ac
Current owner
From public records · entity-resolved
Dalmore Event Venue LLC
Entity
Mailing address
5104 OLD OAK LN, COLLEYVILLE, TX 76034-5172
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
—
Dalmore Event Venue LLC
Randall Phillip Storm
Venders Lien
$1,137,557 · Firstcapital Bank Of Texas NA
Feb 6, 2020
—
Frank R Pierce
Patricia Wells Ira
Grant Deed
related
—
Jun 1, 2017
—
Walsh,andrew & Sandra Trust
Walsh,andrew B & Sandra L
Quit Claim Deed
related
—
Jan 23, 2017
—
Wagner,karen A Family Trust
Wagner,karen A
Quit Claim Deed
related
—
Jan 10, 2017
—
Herbert,ralph J Family Trust
Herbert,ralph J
Quit Claim Deed
related
—
Jul 13, 2016
—
Robert E Thueson
Kelly Thomas C & L M Trust
Grant Deed
—
Mar 2, 2016
—
Sherry A Kelley
Kelley Lawrence C JR Trust
Quit Claim Deed
related
—
Jul 14, 2014
—
George E Foss III
Rockwell Debt-free Props INC
Grant Deed
—
Jun 30, 2014
—
Martha Lambert
Rockwell Debt-free Props INC
Grant Deed
—
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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