Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9513 Santa Paula Dr Fort Worth, TX 76116-5929

    • Commercial land
    • 1.13 lot acres
    OFF-MARKET
    Last Sale
    Oct 16, 2020
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2875857
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 9513 Santa Paula Dr

    Year built
    1968
    Lot size
    1.13 lot acres
    Property type
    Commercial land
    APN
    24030---10----8---20
    APU
    2403010820

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.4848
    Latitude
    32.7256
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,395
    $123,058
    $0.00
    $123,058
    -
    $123,058
    $0.00
    $123,058

    Comparable in this City

    • Value Estimation by Request
      1.95 Acres

      7808 Albert Ave

      VACANT COMMERCIAL LAND • 1.95 Acres
      7808 Albert Ave, Fort Worth, TX 76116-7011
      View Details
    • Value Estimation by Request
      3.51 Acres

      3225 Alemeda St

      VACANT COMMERCIAL LAND • 3.51 Acres
      3225 Alemeda St, Fort Worth, TX 76116
      View Details
    • Value Estimation by Request
      0.35 Acres

      4784 Benbrook Blvd

      VACANT COMMERCIAL LAND • 0.35 Acres
      4784 Benbrook Blvd, Benbrook, TX 76116-8892
      View Details
    • Value Estimation by Request
      0.84 Acres

      4900 Benbrook Blvd

      VACANT COMMERCIAL LAND • 0.84 Acres
      4900 Benbrook Blvd, Benbrook, TX 76116-8874
      View Details
    • Value Estimation by Request
      0.46 Acres

      4000 Benbrook Hwy

      VACANT COMMERCIAL LAND • 0.46 Acres
      4000 Benbrook Hwy, Fort Worth, TX 76116
      View Details
    • Value Estimation by Request
      0.14 Acres

      3008 Bonnie Dr

      VACANT COMMERCIAL LAND • 0.14 Acres
      3008 Bonnie Dr, Fort Worth, TX 76116
      View Details

    Similar Nearby for Sale

    • New
      $639,000
      1.06 Acres

      Prime Commercial Lot on Camp Bowie

      High-traffic commercial lot suitable for retail, office, or flex space.
      8507 Camp Bowie West Blvd, Fort Worth, TX 76116
      View Details
    • New
      $2,850,000
      5.73 Acres

      Benbrook Land for Sale

      5.73 acres of unimproved land in Benbrook, Texas.
      8317 Marys Creek Dr, Benbrook, TX 76116
      View Details
    • $600,000
      0.75 Acres

      Fort Worth Land For Sale

      Unimproved land suitable for building, possible owner financing.
      3200 Ramona Dr, Fort Worth, TX 76116
      View Details
    • $3,960,400
      39,604 SF

      Retail Land for Sale

      Retail and commercial land with redevelopment potential.
      7912-7948 Camp Bowie West Blvd, Fort Worth, TX 76116
      View Details
    • New
      $190,000
      0.26 Acres

      Corner Lot on Camp Bowie

      Premier corner lot with frontage on Camp Bowie West Blvd.
      9534 Camp Bowie West Blvd, Fort Worth, TX 76116
      View Details
    • Contact for pricing

      Commercial Land on Camp Bowie

      Hard corner lot on Camp Bowie Blvd with utilities.
      10010 Camp Bowie Blvd W, Fort Worth, TX 76116
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land on Camp Bowie

      26,572 SF commercial land available for ground lease.
      6201 Camp Bowie Blvd, Fort Worth, TX 76116
      View Details
    • $2,770,416

      5.3 Acre Commercial Land Tract

      5.3-acre commercial land tract with frontage to Benbrook Blvd.
      11370 Benbrook Blvd, Benbrook, TX 76116
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease at 6600 Calmont Ave, Fort Worth, TX.
      6600 Calmont Ave, Fort Worth, TX 76116
      View Details
    • Contact for pricing
      94,961 SF

      West Fort Worth 2.18-Acre Pad Site

      Prime Commercial Land, Excellent Location
      3325 Las Vegas Trl, Fort Worth, TX 76116
      View Details
    • Contact for pricing
      15,000 SF

      Fort Worth Club: Prime Restaurant Space

      15,000 sq ft Restaurant/Club in Benbrook, TX
      8000 Herndon Dr, Benbrook, TX 76116
      View Details
    • Contact for pricing
      5,000 SF

      Fort Worth Multi-Use Commercial Space

      5,000 SF Retail/Office/Medical
      7405 Camp Bowie Blvd, Fort Worth, TX 76116
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9513 Santa Paula Dr
    Fort Worth, TX 76116-5929
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.