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Property profile & analytics
OFF-MARKET Estimated value $590,000
Warehouses

941 Cropper Rd Burkburnett, TX 76354-3007

3,978 SF 2.1 ac lot Built 2021
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-8301325
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2021
Total area 3,978 SF
Lot 2.1 ac (91,476 SF)
Zoning code SF-6
APN 5M08 001 01
UPID US82-8301325
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
$575k
Comparable Approach Comparable
$610k
Blend (final) Blend
$590k
Owner & transaction history
Scott Simmons · 4 yrs held
Scott Simmons
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
SF-6 · Burkburnett, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

territory with a more permanent zoning classification (e.g., SF-10, SF-6, MF, C/B, etc.) than the Agricultural (“AG”) zoning designation upon a determination that such permanent zoning Zoning Ordinance - Ordinance #589 City of Burkburnett, Texas ss--c:\wp8.0\myfiles\burkburnett\zoningordin-txt.wpd 5 is in conformance with the City’s adopted Comprehensive Pla…

Zone name Single Family 6000 Square Feet Lots
General category RESIDENTIAL
Zone area 2,619.35 ac
Source Zoning Ordinance Text PDF
Top alternative use upside
Commercial (general) $685,000 +56.3%
Office building $555,000 +27.0%
Auto repair, garage $520,000 +18.1%
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