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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Medical Office Space
6248 Davis Blvd North Richland Hills, TX 76180-7420
Trust Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-0307672
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2006
Total area
5,014 SF
Lot
0.86 ac (37,313 SF)
APN
19077-L-2
UPID
US82-0307672
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$695k
Blend (final)
Blend
$740k
Owner & transaction history
Taylor Investment Trust Solutions L · 4 yrs held
Taylor Investment Trust Solutions L
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$880,000
+72.7%
Restaurant
$610,000
+19.8%
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 North Richland Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Richland Hills 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$510,000
Current use
COMMERCIAL (GENERAL)
$880,000
Change: +73% · Conversion: Easy
RESTAURANT
$610,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$148 / 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
$26,446
Tax year 2023
Assessed value
$1,205,867
Assessed 2024
Previous assessed
$1,205,570
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$335,826
Assessed improvement
$870,041
Land market value
$335,826
Improvement market value
$870,041
Total market value
$1,205,867
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
5,014 SF
Lot
0.86 ac (37,313 SF)
APN
19077-L-2
UPID
US82-0307672
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
MEDICAL BUILDING Current
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$880,000
RESTAURANT
Est. value
$610,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2006
Heating
NONE
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Taylor Investment Trust Solutions L
Trust
Mailing address
6248 DAVIS BLVD #300, NORTH RICHLAND HILLS, TX 76180-7420
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
—
Taylor Investment Trust Solutions L
Davis Professional Partners LLC
Venders Lien
$1,145,500 · The American National Bank Of Texas
Aug 18, 2020
—
Davis Professional Partners LLC
—
Deed
related
$100,000 · Worthington National Bank
Feb 28, 2020
—
Davis Prof Ptrs LLC
—
Deed
related
$647,637 · Worthington Nat'l Bk
Oct 28, 2019
—
Davis Prof Ptrs LLC
—
Deed
related
$1,315,049 · Worthington Nat'l Bk
Mar 3, 2009
—
Davis Professional Ptrs LLC
—
Trustees Deed
related
$200,000 · Robert W Wetsel
—
—
Davis Prof Ptrs LLC
—
Loan Modification
related
$1,315,049 · Worthington Nat'l Bk
—
—
Davis Professional Ptrs LLC
—
Loan Modification
related
$200,000 · Robert W Wetsel
—
—
Davis Professional Ptrs LLC
—
Loan Modification
related
$200,000 · Wetsel Robert W Living Trust
—
—
Davis Prof Ptrs LLC
—
Loan Modification
related
$647,637 · Worthington Nat'l Bk
—
—
Davis Professional Ptrs LLC
—
Loan Modification
related
$165,000 · Robert W Wetsel
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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