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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office Spaces
6203 Colleyville Blvd 1 Colleyville, TX 76034-8000
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5880120
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2003
Total area
5,974 SF
Lot
0.41 ac (17,793 SF)
APN
7747C--1
UPID
US82-5880120
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
-
Cornerstone Home Lending - Colleyville Loan Service Bank
-
Mollie Ripple Physician
-
Stephanie Pelt Physician
-
Therapy and Beyond Pediatrician
-
Castlegate Home Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$761k
Blend (final)
Blend
$550k
Owner & transaction history
Colleyville Medical Properties LP · 3 yrs held
Colleyville Medical Properties LP
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Colleyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colleyville 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
$340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$92 / 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
$18,075
Tax year 2023
Assessed value
$1,071,540
Assessed 2024
Previous assessed
$1,071,540
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$70,730
Assessed improvement
$1,000,810
Land market value
$70,730
Improvement market value
$1,000,810
Total market value
$1,071,540
Applied tax rate
224.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
5,974 SF
Lot
0.41 ac (17,793 SF)
APN
7747C--1
UPID
US82-5880120
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
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Colleyville Medical Properties LP
Entity
Mailing address
2 SMT PARK DR STE #540, CLEVELAND, OH 44131-2590
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2022
—
Colleyville Medical Properties LP
Srw Kingston Colleyville LP
Venders Lien
$4,447,690 · Independent Bank
Oct 3, 2016
—
Srw Kingston Colleyville LP
Osk Investments LP
Warranty Deed
$845,000 · Crone Family Trust (pt)
Dec 26, 2014
—
Osk Investments LP
6203 Colleyville Boulevard Holdings
Special Warranty Deed
$457,600 · Wells Fargo Bank NA
Aug 2, 2011
$432,000
6203 Colleyville Boulevard Hol
Smith,steven R
Trustees Deed
—
Dec 20, 2005
—
Rcp Income Portfolio I Ltd
Colleyville Square Ptrs II Ltd
Grant Deed
$7,023,000 · * Other Institutional Lenders
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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