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Property profile & analytics
OFF-MARKET
Estimated value
$295,000
Investment properties
937 Gillham Rd River Oaks, TX 76114-3156
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3043566
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1985
Total area
3,305 SF
Lot
0.7 ac (30,518 SF)
APN
23060---------8---20
UPID
US83-3043566
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
by Request
CAP Approach
CAP
$925k
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$295k
Owner & transaction history
Laith INC · 15 yrs held
Laith INC
since 2010
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 River Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs River Oaks 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%
$1,000,000
6.5%
$925,000
7%
$855,000
Blend value · Realmo final
$295k
Range $266k – $325k · ±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
$89 / 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
$6,964
Tax year 2023
Assessed value
$547,950
Assessed 2024
Previous assessed
$290,218
+88.8% YoY
Effective rate
1.27%
On assessed value
Assessed land
$26,024
Assessed improvement
$521,926
Land market value
$26,024
Improvement market value
$521,926
Total market value
$547,950
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Total area
3,305 SF
Lot
0.7 ac (30,518 SF)
APN
23060---------8---20
UPID
US83-3043566
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
1985
Heating
NONE
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Laith INC
Entity
Mailing address
6001 LT JG BARNETT RD, FORT WORTH, TX 76114-3144
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2020
—
Laith INC
—
Deed Of Trust
related
$2,479,650 · First Nat'l Bk/burleson
Aug 1, 2018
—
Laith INC
—
Deed
related
—
May 29, 2018
—
Laith INC
—
Deed
related
—
Nov 29, 2017
—
Laith INC
—
Deed
related
—
Oct 28, 2016
—
Laith INC
—
Deed
related
$200,000 · First Nat'l Bk/burleson
Oct 12, 2010
—
Laith INC
Samountry,sopha
Warranty Deed
$130,500 · First National Bank Burleson
Jun 26, 2009
—
Sopha Samountry
Owner Name Unavailable
Grant Deed
related
—
Sep 8, 2008
—
Ben Xamountri
Samountry,sopha
Warranty Deed
$150,000 · Sopha Samountry
Jul 12, 2005
—
Sopha Samountry
Samountry,thang
Affidavit Of Death
related
—
Nov 19, 1999
—
P H & W Partners INC
Samountry,thang & Sopha
Grant Deed
$56,052 · Graham Mortgage Corp
—
—
Sam R Farah
—
Deed Of Trust
related
$140,000 · First National Bank Burleson
—
—
Laith INC
—
Deed Of Trust
related
$200,000 · First Nat'l Bk/burleson
—
—
Laith INC
—
Loan Modification
related
—
—
—
Laith INC
—
Loan Modification
related
—
—
—
Laith INC
—
Loan Modification
related
—
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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