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Property profile & analytics
FOR LEASE
Strip malls
5932 River Oaks Blvd Fort Worth, TX 76114
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1145683
For Lease
1 / 7
$13 SF/Yr
5932 River Oaks Blvd, Fort Worth, TX 76114
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Total area
12,047 SF
Lot
0.69 ac (30,270 SF)
APN
6130-1-6
UPID
US82-1145683
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
-
Vince Adams - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$580k
Owner & transaction history
Calloway Center LLC · 8 yrs held
Calloway Center LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$705,000
+4.7%
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
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Current use
WAREHOUSE, STORAGE
$705,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$48 / 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
$24,764
Tax year 2023
Assessed value
$1,152,000
Assessed 2024
Previous assessed
$1,032,000
+11.6% YoY
Effective rate
2.15%
On assessed value
Assessed land
$60,548
Assessed improvement
$1,091,452
Land market value
$60,548
Improvement market value
$1,091,452
Total market value
$1,152,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1985
Heating
NONE
Stories
1
Total area
12,047 SF
Lot
0.69 ac (30,270 SF)
APN
6130-1-6
UPID
US82-1145683
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$670,000
WAREHOUSE, STORAGE
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
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
1985
Heating
NONE
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Calloway Center LLC
Entity
Mailing address
2 ADMIRAL DR UNIT #383, EMERYVILLE, CA 94608-1575
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2018
—
Calloway Center LLC
Potomac Street Divestments LLC
Grant Deed
$757,500 · Legacy Bk/tx
Jun 30, 2010
—
Matthew H Mildren
—
Trustees Deed
related
$300,000 · Southwest Bank
May 11, 2010
—
Potomac Street Invs LLC 2
—
Deed Of Trust
related
$1,262,500 · Compass Bank
Sep 3, 2009
—
Potomac Street Invs LLC 3
—
Trustees Deed
related
$415,636 · Compass Bank
Jul 7, 2009
—
Matthew H Mildren
—
Trustees Deed
related
$300,000 · Southwest Bank
Oct 18, 2004
—
Potomac Street Investments LLC
Potomac Street Investments LLC
Quit Claim Deed
related
—
Aug 15, 2002
—
Rattikin Exchange Services INC
Leisy Brewing Co
Grant Deed
$558,072 · Texas Bank
—
—
Potomac Street Invs LLC 2
—
Loan Modification
related
$952,947 · Southwest Bk
—
—
Potomac Street Investments LLC
—
Deed Of Trust
related
$310,000 · Texas Bank
—
—
Potomac Street Investments LLC
—
Loan Modification
related
$1,038,562 · Southwest Bk
—
—
Potomac Street Invs LLC 2|potomac Street Invs LLC
—
Loan Modification
related
$1,548,603 · Southwest Bk
—
—
Potomac Street Investments LLC
—
Deed Of Trust
related
$648,275 · Texas Bank
—
—
Potomac Street Investments LLC
—
Deed Of Trust
related
$3,000,000 · Texas Bank
—
—
Potomac Street Invs LLC 3
—
Deed Of Trust
related
$62,500 · Compass Bank
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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