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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Commercial land
701 Airport Fwy Hurst, TX 76053-3961
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-8142336
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1979
Total area
5,633 SF
Lot
1.06 ac (46,217 SF)
APN
31120-1-7A
UPID
US82-8142336
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
$1.01M
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$955k
Owner & transaction history
Quick Quack Car Wash Holdings LLC · 1 yrs held
Quick Quack Car Wash Holdings LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$640,000
+11.3%
Auto repair, garage
$575,000
+0.2%
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 Hurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hurst 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%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$575,000
Current use
RESTAURANT
$640,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$575,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$170 / 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
$16,668
Tax year 2023
Assessed value
$831,987
Assessed 2024
Previous assessed
$831,996
0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$831,987
Land market value
$831,987
Total market value
$831,987
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Total area
5,633 SF
Lot
1.06 ac (46,217 SF)
APN
31120-1-7A
UPID
US82-8142336
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
COMMERCIAL (GENERAL) Current
Est. value
$575,000
RESTAURANT
Est. value
$640,000
AUTO REPAIR, GARAGE
Est. value
$575,000
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1979
Heating
NONE
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Quick Quack Car Wash Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2208 W 700TH ST S STE #200, SPRINGVILLE, UT 84663-6109
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
—
Quick Quack Car Wash Holdings LLC
Vaquero Hurst Partners LP
Special Warranty Deed
—
Jul 18, 2019
—
Vaquero Hurst Partners LP
—
Deed
related
—
Feb 28, 2019
—
Vaquero Hurst Partners LP
—
Deed
related
—
Mar 6, 2018
—
Vaquero Hurst Partners LP
—
Deed
related
—
Jul 26, 2016
—
Vaquero Hurst Partners LP
Hurst Sc LP
Venders Lien
$2,316,505 · Inwood National Bank
Jul 8, 2014
—
Hurst Sc LP
Private Restaurant Properties LLC
Special Warranty Deed
$542,400 · Tolleson Private Bank
Aug 1, 2007
—
Private Restaurant Props LLC
Outback Steakhouse Of Florida INC
Deed Of Trust
related
$475,000,000 · German American Capital Corp
—
—
Vaquero Hurst Partners LP
—
Loan Modification
related
—
—
—
Vaquero Hurst Partners LP
—
Loan Modification
related
—
—
—
Vaquero Hurst Partners LP
—
Loan Modification
related
—
—
—
Vaquero Hurst Partners LP
—
Loan Modification
related
—
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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