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Property profile & analytics
OFF-MARKET
Estimated value
$4,710,000
Medical Office Space
750 12th Ave Fort Worth, TX 76104-2531
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1180708
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Total area
36,880 SF
Lot
3.52 ac (153,244 SF)
APN
25685-2-2R3
UPID
US82-1180708
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
-
Baylor Scott & White Surgicare - Fort Worth Medical Clinic Hospital
-
Ramic Medical Imaging Medical Clinic
-
Midtown Medical Imaging Medical Clinic
-
Christopher Hull Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.09M
Blend (final)
Blend
$4.71M
Owner & transaction history
Hcii-750 12th Avenue LLC · 10 yrs held
Hcii-750 12th Avenue LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.3M
+50.6%
Auto repair, garage
$4.7M
+31.7%
Restaurant
$4.5M
+26.6%
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 Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,540,000
Current use
COMMERCIAL (GENERAL)
$5,335,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,665,000
Change: +32% · Conversion: Difficult
RESTAURANT
$4,485,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$4,340,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$4,025,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$4.71M
Range $4.24M – $5.18M · ±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
$128 / 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
$228,200
Tax year 2023
Assessed value
$10,225,000
Assessed 2024
Previous assessed
$10,085,000
+1.4% YoY
Effective rate
2.23%
On assessed value
Assessed land
$1,225,888
Assessed improvement
$8,999,112
Land market value
$1,225,888
Improvement market value
$8,999,112
Total market value
$10,225,000
Applied tax rate
223.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Total area
36,880 SF
Lot
3.52 ac (153,244 SF)
APN
25685-2-2R3
UPID
US82-1180708
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
MEDICAL BUILDING Current
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.7M
RESTAURANT
Est. value
$4.5M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING
Est. value
$4.0M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
1998
Heating
NONE
Stories
1
Lot
3.52 ac
Current owner
From public records · entity-resolved
Hcii-750 12th Avenue LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1001 WATER ST STE #800, TAMPA, FL 33602-5467
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2015
—
Hcii-750 12th Avenue LLC
12th Avenue Real Estate LP
Quit Claim Deed
—
May 8, 2015
—
12th Avenue Real Estate LP
Fort Worth Surgicare Partners Ltd
Special Warranty Deed
—
Jun 1, 2012
—
Fort Worth Surgicare Ptrs Ltd
Mcsh Real Estate Investors Ltd
Grant Deed
—
Mar 9, 2005
—
Mcsh Real Estate Investors Ltd
—
Deed Of Trust
related
$8,134,447 · Stillwater Nat'l Bank & Trust
Jan 14, 2003
—
Mcsh Real Est Investors Ltd
Riverbend Apartments LLC
Grant Deed
$3,500,000 · Usp Texas LP
—
—
Mcsh Real Estate Investors Ltd
—
Deed Of Trust
related
$6,111,824 · Frost National Bank
—
—
Mcsh Real Estate Investors Ltd
—
Deed Of Trust
related
$6,399,999 · Frost National Bank
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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