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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Strip malls
6249 Altamesa Blvd Fort Worth, TX 76123-3082
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3564909
Property summary
AI-generated overview
Fossil Creek Center at Alta Mesa offers a prime retail opportunity in Tarrant County. This newly constructed (2023) Class B building boasts a total of 11,500 square feet, situated on a generous 1.35-acre lot. Currently, 4,200 square feet of retail space is available for lease. The minimum leasable unit is 1,225 square feet, and the maximum contiguous space available is also 1,225 square feet, ideal for a single tenant seeking a well-located storefront. The property is configured as a multi-tenant building, providing opportunities for synergistic businesses. The property's street retail location ensures high visibility and accessibility for customers. This is an excellent chance to establish or expand your business in a thriving area. The building's modern construction and ample parking provide a comfortable and convenient shopping experience. This property is perfect for a variety of retail uses and presents a strong investment opportunity in a desirable location. Contact us today to learn more about leasing this exceptional retail space.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2023
Total area
11,424 SF
Lot
1.35 ac (58,806 SF)
APN
41408T-3-4
UPID
US83-3564909
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
-
Revival Fitness (REVFIT) - South Fort Worth Gym & Fitness Center
-
Tavolo Park Subdivision Housing Development
-
Resort Nail Bar Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$738k
Blend (final)
Blend
$560k
Owner & transaction history
Rockin P Ranch LLC · 1 yrs held
Rockin P Ranch LLC
since 2025
3 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 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
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Current use
WAREHOUSE, STORAGE
$480,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$49 / 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
$8,578
Tax year 2023
Assessed value
$2,352,365
Assessed 2024
Previous assessed
$352,836
+566.7% YoY
Effective rate
0.36%
On assessed value
Assessed land
$999,702
Assessed improvement
$1,352,663
Land market value
$999,702
Improvement market value
$1,352,663
Total market value
$2,352,365
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2023
Total area
11,424 SF
Lot
1.35 ac (58,806 SF)
APN
41408T-3-4
UPID
US83-3564909
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
$515,000
WAREHOUSE, STORAGE
Est. value
$480,000
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
2023
Lot
1.35 ac
Current owner
From public records · entity-resolved
Rockin P Ranch LLC
Entity
Free & Clear · 1 yrs held
Mailing address
957 PARK RDG DR, ALLEN, TX 75013-5707
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Rockin P Ranch LLC
Siddhipriya Tavolo Park LLC
Special Warranty Deed
—
Jan 18, 2023
—
Siddhipriya Tavolo Park LLC
—
Deed
related
$2,700,000 · Guaranty Bank & Trust NA
May 11, 2022
—
Siddhipriya Tavolo Park LLC
Pate Ranch Commercial LP
Venders Lien
$791,362 · Guaranty Bank & Trust NA
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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