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Property profile & analytics
OFF-MARKET
Commercial land
705 Airport Fwy Hurst, TX 76053-3900
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-4713157
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
3,600 SF
Lot
0.03 ac (1,198 SF)
APN
31120-1-9A
UPID
US82-4713157
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
-
Hurst Electrical Contractors Electrical Service General Contractor
-
Sonny Welding Services Big Box & Wholesale Store Building Supply
-
Forest Ridge Funeral Home - Hurst Chapel Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Avam Properties LLC · 8 yrs held
Avam Properties LLC
since 2018
7 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$168
Tax year 2023
Assessed value
$8,386
Assessed 2024
Previous assessed
$8,386
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$8,386
Land market value
$8,386
Total market value
$8,386
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
Heating
NONE
Total area
3,600 SF
Lot
0.03 ac (1,198 SF)
APN
31120-1-9A
UPID
US82-4713157
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
Heating
NONE
Lot
0.03 ac
Current owner
From public records · entity-resolved
Avam Properties LLC
Entity
Mailing address
PO BOX 2050, FORT WORTH, TX 76113-2050
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2018
—
Avam Properties LLC
Median Funeral Services INC
Grant Deed
related
—
Oct 15, 2012
—
Ld Acquisition Co 9 LLC
—
Deed Of Trust
related
$45,000,000 · Bank Of America
Jul 19, 2011
—
Medlan Funeral Services INC
—
Trustees Deed
related
$75,000 · Liberty Bk/ar Siloam Springs
Mar 20, 1997
—
Medlan Funeral Services INC
Cdt Ltd
Grant Deed
$585,000 · Heller First Capital
—
—
Medlan Funeral Services INC
—
Loan Modification
related
$75,000 · Liberty Bk
—
—
Medlan Funeral Services INC
—
Deed Of Trust
related
$554,000 · J P Morgan Chase Bank
—
—
Medlan Funeral Services INC
—
Loan Modification
related
$408,139 · Liberty Bk
—
—
Medlan Funeral Services INC
—
Loan Modification
related
$75,000 · Liberty Bk
—
—
Medlan Funeral Services INC
—
Deed Of Trust
related
$75,000 · Liberty Bank
—
—
Medlan Funeral Services INC
—
Loan Modification
related
$75,000 · Liberty Bank
—
—
Medlan Funeral Services INC
—
Deed Of Trust
related
$57,500 · First International Bank
—
—
Medlan Funeral Services INC
—
Deed Of Trust
related
$529,000 · Liberty Bk/wa
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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