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Property profile & analytics
FOR SALE
Commercial real estate
733 Fort Worth Dr Denton, TX 76201
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US83-2625726
For Sale
1 / 10
$2,525,000
733 Fort Worth Dr, Denton, TX 76201
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1984
Total area
11,240 SF
Lot
0.87 ac (38,028 SF)
APN
R524325
UPID
US83-2625726
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
-
Knee Deep Plumbing Plumbing Service General Contractor
-
IMPress Graphics Marketing & Advertising Printing Service
-
Lonestar Rehabilitation Physician
-
IntelliVoice, Inc. Corporate Office
-
Denton Young Life Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$550k
Owner & transaction history
Lessek Properties LLC · 8 yrs held
Lessek 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 Denton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denton 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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$15,103
Tax year 2023
Assessed value
$856,497
Assessed 2024
Previous assessed
$856,497
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$570,418
Assessed improvement
$286,079
Land market value
$570,418
Improvement market value
$286,079
Total market value
$856,497
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1984
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,240 SF
Lot
0.87 ac (38,028 SF)
APN
R524325
UPID
US83-2625726
Jurisdiction
DENTON
Metro division
DALLAS-PLANO-IRVING, 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
Year built
1984
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Lessek Properties LLC
Entity
Mailing address
733 FT WORTH DR, DENTON, TX 76201-7100
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2018
—
Lessek Properties LLC
Eliot James Trust
Grant Deed
$1,026,900 · Pointbank
Jul 27, 2017
—
James Eliot
—
Deed
related
$50,000 · Pointbank
May 17, 2017
—
Eliot,james Trust
Eliot,james Y
Quit Claim Deed
related
—
Apr 24, 2017
—
James Eliot
—
Deed
related
$668,000 · Pointbank
Apr 5, 2007
—
Eliot,james
Compass Bank
Grant Deed
$385,500 · Wells Fargo Bk
—
—
James Eliot
—
Deed Of Trust
related
$519,500 · Accessbank
—
—
James Y Eliot
—
Deed Of Trust
related
$100,000 · Accessbank
—
—
James Eliot
—
Deed Of Trust
related
$668,000 · Pointbank
—
—
James Eliot
—
Deed Of Trust
related
$50,000 · Pointbank
—
—
James Eliot
—
Deed Of Trust
related
$15,507 · Property Tax Solutions
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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