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    Property profile & analytics

    600 Blue Mound Rd Fort Worth, TX 76131-1039

    • Day care centers
    • 2,788 SF
    • 0.53 lot acres
    OFF-MARKET
    Last Sale
    Dec 23, 2024
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2501043
    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

    • Kids Gone Corporate / Day Care Center / After School Program

    Property Details for 600 Blue Mound Rd

    Year built
    1957
    Lot size
    0.53 lot acres
    Property size
    2,788 SF
    Property type
    Day care centers
    APN
    A 345-2L03
    APU
    A3452L03

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3436
    Latitude
    32.8544
    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
    $5,231
    $92,348
    $154,276
    $246,624
    -
    $92,348
    $154,276
    $246,624

    Comparable in this City

    • Value Estimation
      $460,000
      10,010 SF

      700 Bailey Boswell Rd

      DAY CARE, PRE-SCHOOL • 10,010 SF
      700 Bailey Boswell Rd, Saginaw, TX 76131-3503
      View Details
    • Value Estimation
      $540,000
      11,951 SF

      9840 Blue Mound Rd

      DAY CARE, PRE-SCHOOL • 11,951 SF
      9840 Blue Mound Rd, Fort Worth, TX 76131-3312
      View Details
    • Value Estimation
      $475,000
      14,063 SF

      2301 Western Ctr Blvd

      DAY CARE, PRE-SCHOOL • 14,063 SF
      2301 Western Ctr Blvd, Fort Worth, TX 76131-1205
      View Details
    • Value Estimation
      $535,000
      12,655 SF

      700 Bonds Rnch Rd

      DAY CARE, PRE-SCHOOL • 12,655 SF
      700 Bonds Rnch Rd, Fort Worth, TX 76131-3906
      View Details
    • Value Estimation
      $530,000
      15,115 SF

      901 Harmon Rd

      DAY CARE, PRE-SCHOOL • 15,115 SF
      901 Harmon Rd, Fort Worth, TX 76131-3343
      View Details
    • Value Estimation
      $385,000
      4,669 SF

      1029 Harmon Rd

      VETERINARY, ANIMAL HOSPITAL • 4,669 SF
      1029 Harmon Rd, Fort Worth, TX 76131-3344
      View Details

    Similar Nearby for Sale

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      7,514 SF

      Fort Worth Office Building For Sale

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      8,889 SF

      New Fort Worth NNN Property

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      8.08 Acres

      Saginaw, TX Commercial Land Pads

      ±8 Acres, Prime Commercial Location
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      43.00 Acres

      Fort Worth Commercial Land - 43 Acres

      Prime 43-acre commercial land, I-35W & Heritage Trace Pkwy.
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      Commercial Land on Blue Mound

      Commercial land with high traffic and development potential.
      1009 S Blue Mound Rd, Blue Mound, TX 76131
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    • $1,011,830

      Land For Sale

      Land available for sale in Fort Worth, Texas.
      3001 Fair Dr, Fort Worth, TX 76131
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    Similar Nearby for Lease

    • $11 SF/Yr
      45,000 SF

      Blue Mound Rd Warehouse Space

      Flexible Warehouse Space in Blue Mound, TX
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      Fort Worth Retail Center Opportunity

      High-visibility retail space, I-35W access.
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    • Contact for pricing
      9,750 SF

      Industrial Space with Loop 820 Visibility

      Shallow bay industrial suites with excellent visibility on Loop 820.
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    • $25 SF/Yr
      1,875 SF

      Retail/Restaurant Space For Rent

      Excellent location with existing grease trap and great finish.
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    • Contact for pricing
      900 SF

      Office and Warehouse Space Available

      900 sq ft office/warehouse space in Fort Worth.
      850 Blue Mound Rd W, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      163,080 SF

      Fort Worth Warehouse with Truck Court

      163,080 SF warehouse with ample parking and loading docks.
      8352 Harmon Rd, Fort Worth, TX 76131
      View Details
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    600 Blue Mound Rd
    Fort Worth, TX 76131-1039
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    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
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