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Property profile & analytics
OFF-MARKET
Commercial real estate
88 Vlg Ln28-510 Colleyville, TX 76034-2972
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US83-4038618
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2007
Total area
1,443 SF
APN
44665C-28R-5-10
UPID
US83-4038618
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
-
Janie Simmons Physician
-
Trinity Aesthetics & Laser Medical Clinic
-
Premiere Photography Studio Media Distribution
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
Trinity Colleville Re LLC · 11 yrs held
Trinity Colleville Re LLC
since 2015
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 Colleyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colleyville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,355
Tax year 2023
Assessed value
$324,675
Assessed 2024
Previous assessed
$317,460
+2.3% YoY
Effective rate
1.65%
On assessed value
Assessed land
$40,000
Assessed improvement
$284,675
Land market value
$40,000
Improvement market value
$284,675
Total market value
$324,675
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
1,443 SF
APN
44665C-28R-5-10
UPID
US83-4038618
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
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Trinity Colleville Re LLC
Entity
Mailing address
88 VLG LN STE #150, COLLEYVILLE, TX 76034-2974
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2015
—
Trinity Colleville Re LLC
G & B Property Mgmt Group LP
Warranty Deed
$463,000 · Woodhaven Bk Ne
Dec 15, 2008
—
G & B Property Mgmt Group
—
Trustees Deed
related
$160,000 · Peoples Bank & Trust
Nov 4, 2005
—
G & B Property Mgmt Group
Village Management Ltd
Grant Deed
$170,000 · Peoples Bank & Trust
—
—
G & B Property Mgmt Group LP
—
Loan Modification
related
$350,000 · Spirit Of Tx Bk Ssb
—
—
G & B Property Mgmt Group LP
—
Deed Of Trust
related
$716,072 · Peoples Bank & Trust
—
—
G & B Property Mgmt Group LP
—
Loan Modification
related
$350,000 · Spirit Of Tx Bk Ssb
—
—
G & B Property Mgmt Group LP
—
Deed Of Trust
related
$350,000 · Peoples Bank & Trust
—
—
G & B Property Mgmt Group LP
—
Loan Modification
related
$349,626 · Spirit Of Tx Bk Ssb
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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