Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5751 Kroger Dr Ste, Unit 259 Fort Worth, TX 76244-5651
    Back to Search
    Property profile & analytics

    5751 Kroger Dr Ste, Unit 259, Fort Worth, TX 76244-5651

    View on Map
    • Office buildings
    • 75,250 SF
    • 5.04 lot acres
    Off-Market
    Last Sale Sep 20, 2021
    Property ID
    US82-2601001
    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.
    Value Estimations
    $2,580,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 5751 Kroger Dr Ste

    Year built
    1983
    Lot size
    5.04 lot acres
    Property type
    Office buildings
    APN
    9945-1-B2A
    APU
    99451B2A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 20, 2021 — 5751 Kroger Abl I Holdings LLC Pender Abl I Holdings LLC Warranty Deed —
    Jul 5, 2019 — Springtown Properties LLC Sogio Investments LLC Warranty Deed · related —
    May 28, 2019 — Sogio Investments LLC — Grant Deed · related $10.5M · Pender West Credit 1 Reit LLC
    Oct 3, 2018 — Sogio Investments LLC Sterling Office Center LP Grant Deed $8.4M · Lockett In Global Solutions
    Dec 19, 2006 — Sterling Office Center Kroger Texas Grant Deed $3.5M · First National Bank
    — — Sogio Investments LLC — Deed Of Trust · related $70k · Lisa Capricciuolo
    — — Sterling Office Center — Deed Of Trust · related $3.5M · First National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2626
    Latitude
    32.9119
    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
    $144,209
    $878,496
    $5,499,117
    $6,377,613
    -
    $878,496
    $5,499,117
    $6,377,613

    Comparable in this City

    • Value Estimation by Request
      4,875 SF

      3516 Golden Triangle Blvd

      OFFICE BUILDING
      3516 Golden Triangle Blvd, Fort Worth, TX 76244-5441
      View Details
    • Value Estimation by Request
      5,360 SF

      Chisholm Trl

      OFFICE BUILDING
      Chisholm Trl, Keller, TX 76244
      View Details
    • Value Estimation
      $680,000
      8,223 SF

      700 Katy Rd

      OFFICE BUILDING
      700 Katy Rd, Fort Worth, TX 76244-4529
      View Details
    • Value Estimation by Request
      3,386 SF

      5849 Park Vis Cir

      OFFICE BUILDING
      5849 Park Vis Cir, Fort Worth, TX 76244-5658
      View Details
    • Value Estimation by Request
      6,000 SF

      5857 Park Vis Cir

      OFFICE BUILDING
      5857 Park Vis Cir, Fort Worth, TX 76244-5629
      View Details
    • Value Estimation by Request
      2,177 SF

      3255 Keller Hicks Rd

      OFFICE BUILDING
      3255 Keller Hicks Rd, Fort Worth, TX 76244-9545
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,223 SF

      High-End Corporate Office Building

      8,223 SF office building with high-end finishes and ample parking.
      700 Katy Rd, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      4,897 SF

      Medical/Office Condos For Lease

      Medical/office condos with sale/lease options near Texas Health Resources.
      3124 Capital Way, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      4,766 SF

      Freestanding Condo Leased to MyEyeDr.

      Freestanding condo in affluent Fort Worth submarket, leased to MyEyeDr.
      9816 N Beach St, Fort Worth, TX 76244
      View Details
    • Contact for pricing

      Medical Office Space For Sale

      2,550 SF medical office space in a high-traffic area.
      3912 North Tarrant Pwky, Keller, TX 76244
      View Details
    • Contact for pricing
      3,003 SF

      Fort Worth Office Space Available

      Office space for sale in Fort Worth, Texas.
      12620 Timberland Blvd, Fort Worth, TX 76244
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      2,178 SF

      Alliance Area Retail/Office Space

      Mixed-use property in a rapidly growing area of Alliance, Texas.
      12461 Timberland Blvd, Fort Worth, TX 76244
      View Details
    • Contact for pricing

      Furnished Office Space Available

      Fully-furnished office space with shared amenities and utilities included.
      9500 Ray White Rd, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      2,500 SF

      Office/Retail Space with Signage

      Office/retail space with high visibility in growing area.
      4957 Golden Triangle Blvd, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      1,687 SF

      Medical Office Space Available

      First floor shell medical office space for rent.
      10620 North Riverside Dr, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      4,503 SF

      Medical Office Space for Rent

      Medical office space available near Texas Health Harris Methodist Hospital.
      10840 Texas Health Trl, Fort Worth, TX 76244
      View Details
    • $12 SF/Yr

      Versatile Flex Space in Fort Worth

      Configurable office/warehouse space near I-35W in a high-growth area.
      4520 Keller Hicks Rd, Fort Worth, TX 76244
      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.
    5751 Kroger Dr Ste, Unit 259
    Fort Worth, TX 76244-5651
    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

    Thank You for Inquiry
    5751 Kroger Dr Ste, Fort Worth, TX, 76244
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!