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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Grocery and convenience stores
914 Kramer Rd Burkburnett, TX 76354-2640
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5965181
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2019
Total area
4,355 SF
Lot
0.57 ac (25,021 SF)
Zoning code
C/B
APN
5G07 001 00
UPID
US82-5965181
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
-
Valero Gas Station
-
Bulldog Market and Cafè Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$740k
Owner & transaction history
Ronny Kimberlin · 12 yrs held
Ronny Kimberlin
since 2013
4 recorded transactions
Zoning & alternative use
C/B · Burkburnett, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$750,000
+346.0%
Office building
$610,000
+262.2%
Auto repair, garage
$565,000
+237.0%
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 Burkburnett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burkburnett 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
COMMERCIAL (GENERAL)
$750,000
Change: +346% · Conversion: Easy
OFFICE BUILDING
$610,000
Change: +262% · Conversion: Moderate
AUTO REPAIR, GARAGE
$565,000
Change: +237% · Conversion: Difficult
WAREHOUSE, STORAGE
$480,000
Change: +185% · Conversion: Difficult
RETAIL STORES
$460,000
Change: +173% · Conversion: Easy
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$170 / 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
$11,796
Tax year 2023
Assessed value
$916,008
Assessed 2024
Previous assessed
$999,177
-8.3% YoY
Effective rate
1.29%
On assessed value
Assessed land
$31,276
Assessed improvement
$884,732
Land market value
$31,276
Improvement market value
$884,732
Total market value
$916,008
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
2
Total area
4,355 SF
Lot
0.57 ac (25,021 SF)
Zoning code
C/B
APN
5G07 001 00
UPID
US82-5965181
Jurisdiction
WICHITA
Zoning & alternative use
C/B · Burkburnett, TX
Zoning C/B · permitted uses
C/B · Burkburnett, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burkburnett. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$750,000
OFFICE BUILDING
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$565,000
WAREHOUSE, STORAGE
Est. value
$480,000
RETAIL STORES
Est. value
$460,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2019
Heating
NONE
Buildings
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Ronny Kimberlin
Individual
Mailing address
1902 BARNA RD, WICHITA FALLS, TX 76302-1961
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2013
—
Ronny Kimberlin
Kelly Brunson
Warranty Deed
$40,000 · Kelly Brunsone Etux
Jan 24, 2013
—
William D Pickett JR
William D Pickett SR.
Intrafamily Transfer
related
—
Nov 17, 2010
—
Kelly Brunson
Texoma Ice Company LP
Warranty Deed
—
Sep 15, 2009
—
Texoma Ice Company LP
Margaret K Hawkins
Warranty Deed
$50,000 · Margaret Hawkins
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.
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