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Property profile & analytics
OFF-MARKET Estimated value $1,230,000
Automotive properties

905 Sheppard Rd Burkburnett, TX 76354-3638

10,888 SF 2.05 ac lot Built 1966
Entity Owned Absentee Owner Free & Clear
Property ID
US82-6739970
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1966
Total area 10,888 SF
Lot 2.05 ac (89,211 SF)
Zoning code C/B
APN 5M06 019 00
UPID US82-6739970
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
  • Chevrolet Parts Auto Parts Store
  • Lipscomb Chevrolet Service Auto Repair Shop
  • Allstate Insurance Burkburnett Insurance Agency
  • Ethan Sells Cars Car Dealership
  • LIPSCOMB CHEVROLET Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.23M
Owner & transaction history
TRADITION HOMES TEXAS INC
TRADITION HOMES TEXAS INC
Zoning & alternative use
C/B · Burkburnett, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 20 C/B -- COMMERCIAL / BUSINESS DISTRICT 20.1 GENERAL PURPOSE AND DESCRIPTION: The C/B, Commercial/Business, district is established to provide areas for a mixture of nonresidential land uses including office, retail, professional service, commercial and entertainment uses, as well as highway-oriented uses, such as hotels, motels and restaurants, whi…

Zone name Commercial Business
General category COMMERCIAL
Zone area 1,397.73 ac
Source Zoning Ordinance Text PDF
Top alternative use upside
Commercial (general) $1.9M +32.4%
Office building $1.5M +7.5%
Industrial (general) $1.4M +0.6%
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