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Property profile & analytics
OFF-MARKET
Flex space

720 3rd St Burkburnett, TX 76354

3,600 SF 0.41 ac lot Built 1960
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6950830
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1960
Total area 3,600 SF
Lot 0.41 ac (17,999 SF)
Zoning code C/B
APN 5J09 062 00
UPID US82-6950830
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Coby Hill · 4 yrs held
Coby Hill
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
C/B · Burkburnett, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 20 C/B -- COMMERCIAL / BUSINESS DISTRICT 20.1 GENERAL PURPOSE AND DESCRIPTION: The C/B, Commercial/Business, district is established to provide areas for a mixture of nonresidential land uses including office, retail, professional service, commercial and entertainment uses, as well as highway-oriented uses, such as hotels, motels and restaurants, whi…

Zone name Commercial Business
General category COMMERCIAL
Zone area 1,397.73 ac
Source Zoning Ordinance Text PDF
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