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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    720 Pipeline Rd Hurst, TX 76053-4928

    • Grocery and convenience stores
    • 41,174 SF
    • 4.58 lot acres
    OFF-MARKET
    Value Estimations
    $1,445,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1237719
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walmart Home Theater Installation / Home Cinema Installation
    • Walmart Baby & Nursery Services / Family Service Center
    • Walmart Connection Center / Cell Phone Store
    • Walmart Pharmacy / Pharmacy / Herbal Medicine Store
    • Walmart Fuel Station / Atm / Convenience Store

    Property Details for 720 Pipeline Rd

    Year built
    2015
    Lot size
    4.58 lot acres
    Property size
    41,174 SF
    Property type
    Grocery and convenience stores
    APN
    38482H-1-2R
    APU
    38482H12R

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,010,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,878,000
      Market price range: $1.35M - $3.29M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,280,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hurst
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1848
    Latitude
    32.8245
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $65,991
    $798,368
    $2,495,552
    $3,293,920
    -
    $798,368
    $2,495,552
    $3,293,920

    Comparable in this City

    • Value Estimation by Request
      1,254 SF

      844 Pipeline Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 1,254 SF
      844 Pipeline Rd, Hurst, TX 76053-4833
      View Details
    • Value Estimation by Request
      1,734 SF

      429 Hurst Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 1,734 SF
      429 Hurst Blvd, Hurst, TX 76053-8025
      View Details
    • Value Estimation by Request
      2,698 SF

      100 Booth Calloway Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 2,698 SF
      100 Booth Calloway Rd, Hurst, TX 76053-7322
      View Details
    • Value Estimation by Request
      2,400 SF

      401 Hurst Blvd

      GROCERY, SUPERMARKET • 2,400 SF
      401 Hurst Blvd, Hurst, TX 76053-8025
      View Details
    • Value Estimation by Request
      3,016 SF

      315 Hurst Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 3,016 SF
      315 Hurst Blvd, Hurst, TX 76053-7805
      View Details
    • Value Estimation by Request
      2,000 SF

      200 Norwood Dr

      GROCERY, SUPERMARKET • 2,000 SF
      200 Norwood Dr, Hurst, TX 76053-6846
      View Details

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      Retail Investment Opportunity in Hurst

      Prime retail property on West Bedford Euless Road, Hurst, TX.
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      Prime Hurst Retail Opportunity

      High-traffic location, 0.28-acre lot.
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    • $600,000
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      Freestanding Auto Repair Shop

      Commercial building in Hurst, TX, ideal for automotive services.
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      25,230 SF

      Retail Property Near Regional Mall

      Retail property with pylon signage and dedicated parking.
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      Versatile Commercial Property on Highway 10

      Adaptable commercial property ideal for various business uses in Hurst.
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    Similar Nearby for Lease

    • Contact for pricing
      1,997 SF

      Retail Space Near Walmart

      Retail space shadowed by Walmart Supercenter with high traffic.
      1858 Precinct Line Rd, Hurst, TX 76053
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    • Contact for pricing
      1,400 SF

      Retail Space Available For Lease

      Retail space available for lease in Hurst, Texas.
      1113 W Pipeline Rd, Hurst, TX 76053
      View Details
    • $18 SF/Yr
      4,000 SF

      New Construction Retail with Drive-Thru

      Retail space for lease with drive-thru, new construction.
      000 Shopping Ctr With Drive-Thru, Hurst, TX 76053
      View Details
    • $18 SF/Yr
      3,200 SF

      Retail End Cap Space Available

      3,200 SF retail space available for lease.
      805 Melbourne Rd, Hurst, TX 76053
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space on Texas 121

      Retail space with high visibility and access on Texas 121.
      1304 Precinct Line Rd, Hurst, TX 76053
      View Details
    • Contact for pricing
      4,200 SF

      Retail Space Near Super Target

      Retail space anchored by Super Target at high-traffic intersection.
      725 Airport Fwy, Hurst, TX 76053
      View Details

    Property Visit Statistics

    • Visits by month
      101.0k
    • Visitors by month
      43.8k
    • Avg Time on site
      21 min
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    Hurst, TX 76053-4928
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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