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Property profile & analytics
OFF-MARKET Estimated value $695,000
Grocery and convenience stores

9967 Blue Mound Rd Fort Worth, TX 76131-3306

11,473 SF 1.56 ac lot Built 2023
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US82-0428163
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2023
Total area 11,473 SF
Lot 1.56 ac (67,866 SF)
APN 34234-31-6
UPID US82-0428163
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k
Owner & transaction history
Woodmont Blue Mound Strip Centers L · 3 yrs held
Woodmont Blue Mound Strip Centers L
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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