Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Medical Office Space
7748 Denton Hwy Watauga, TX 76148-2463
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3235342
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2000
Total area
8,042 SF
Lot
1.01 ac (43,996 SF)
APN
30293-1R-4RC
UPID
US83-3235342
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
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$545k
Owner & transaction history
Seven Rivers Operating II LLC · 2 yrs held
Seven Rivers Operating II LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$745,000
+5.2%
Office building
$735,000
+4.1%
Retail stores
$710,000
+0.8%
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 Watauga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watauga 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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$705,000
Current use
AUTO REPAIR, GARAGE
$745,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$735,000
Change: +4% · Conversion: Easy
RETAIL STORES
$710,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$68 / 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
$35,752
Tax year 2023
Assessed value
$1,551,000
Assessed 2024
Previous assessed
$1,656,064
-6.3% YoY
Effective rate
2.31%
On assessed value
Assessed land
$616,056
Assessed improvement
$934,944
Land market value
$616,056
Improvement market value
$934,944
Total market value
$1,551,000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Total area
8,042 SF
Lot
1.01 ac (43,996 SF)
APN
30293-1R-4RC
UPID
US83-3235342
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
$705,000
AUTO REPAIR, GARAGE
Est. value
$745,000
OFFICE BUILDING
Est. value
$735,000
RETAIL STORES
Est. value
$710,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2000
Heating
NONE
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Seven Rivers Operating II LLC
Entity
Mailing address
425 W HOUSTON ST STE #400, FORT WORTH, TX 76102-7437
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
—
Seven Rivers Operating II LLC
Hjh Watauga Denton LLC
Special Warranty Deed
$3,720,500 · First Financial Bank NA
Nov 18, 2022
—
Us Reality Acquisitions LLC
F3 Property Investments LLC
Special Warranty Deed
$3,197,016 · Us Realty Acquisitions LLC
Jun 29, 2021
—
Pm Enterprises LLC
—
Deed
related
$2,400,000 · Bancorpsouth Bank
Jun 15, 2020
—
F3 Prop Invs LLC-series 9
Pm Ents LLC
Warranty Deed
—
Feb 28, 2020
—
Pm Ents LLC
—
Deed
related
$2,400,000 · Bancorpsouth
Dec 7, 2018
—
Sandra C R Bene
Rose,perry
Quit Claim Deed
related
—
Aug 23, 2018
—
Pm Ents LLC
—
Deed
related
$500,000 · Community Bk
Jul 25, 2018
—
Pm Enterprises LLC
Bonola Family Limited Partnership
Special Warranty Deed
—
Jul 19, 2018
—
Bonola Family LP
Hirernath Family First LP
Warranty Deed
$510,695 · Dfw Specialty Lndg
Jun 2, 2014
—
Kumar Hiremath
Hiremath,jaime C
Quit Claim Deed
related
—
Mar 11, 2008
—
Hiremath Family First
Bonola Family
Grant Deed
$1,900,000 · Capital One
—
—
Pm Ents LLC
—
Deed Of Trust
related
$2,400,000 · Bancorpsouth
—
—
Pm Ents LLC
—
Deed Of Trust
related
$500,000 · Community Bk
—
—
Hiremath Family First LP
—
Deed Of Trust
related
$2,655,355 · First Financial Bank NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7748 Denton Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
