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    9967 Blue Mound Rd Fort Worth, TX 76131-3306
    Property profile & analytics

    9967 Blue Mound Rd, Fort Worth, TX 76131-3306

    View on Map

    • Grocery and convenience stores
    • 11,473 SF
    • 1.56 lot acres
    Off-Market
    Last Sale Nov 17, 2022
    Property ID
    US82-0428163
    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.

    Value Estimations
    $695,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 9967 Blue Mound Rd

    Year built
    2023
    Lot size
    1.56 lot acres
    Property type
    Grocery and convenience stores
    APN
    34234-31-6
    APU
    34234316

    Description

    This exceptional 12,002 square foot, multi-tenant retail investment property, built in 2024, is situated on a 1.56-acre lot at 9967 Blue Mound Rd, Fort Worth, TX 76131, in the thriving Dallas-Fort Worth MSA. The property boasts a strong mix of six internet-resistant tenants, including Jersey Mike's Subs, Taco Bueno, ProSmiles Dental, Blue Mound Nail Spa, Mynt Barbershop, and Blue Mound Liquor, all operating under long-term 10-year NNN leases with no rollover until 2034. These leases include favorable annual rent increases averaging over 2%, offering excellent inflation protection. The property generates a substantial NOI of $435,257, representing a 6.50% cap rate on the $6,700,000 asking price. Located in a high-growth area with a dense, affluent population, the property benefits from strong demographics: 210,009 people within a 5-mile radius, with an average household income of $121,845. The area experienced a remarkable 370% population growth between 2010 and 2020. The Dallas-Fort Worth MSA consistently ranks among the top three US metro areas for business expansion, relocation, and employment growth, further solidifying this investment's potential. The property's location within Tarrant County, Texas, offers the added benefit of no state income tax. This is a turnkey investment opportunity in a prime location with exceptional growth prospects. The property features a drive-thru for added convenience. APN: 34234-31-6.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,105,000
      Current use
      OFFICE BUILDING
      $1,050,000
      Change: -5% Conversion: Easy
      MEDICAL BUILDING
      $1,010,000
      Change: -9% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3495
    Latitude
    32.9139
    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
    $7,773
    $339,350
    $918,650
    $1,258,000
    -
    $339,350
    $918,650
    $1,258,000
    More about this property
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