Add Listing
    For Sale
    • 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

    1800 N Las Vegas Trl Fort Worth, TX 76108

    View on Map
    Sponsored
    For Sale
    $1,051,000

    Unimproved Land - Fort Worth, TX

    Type:Unimproved Land
    Lot size:
    6.14 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 16 at 5:06 pm

    Property Features for 1800 N Las Vegas Trl

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    06533566
    Lot size
    6.14 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Pabitra Poudel

    VisaLand Realty (817) 298-7052

    Listing agent Pabitra Poudel (817) 298-7052 License #0750745

    Listing date Mar 14, 2026

    MLS# 21208884 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Development Opportunity Near Lake

    This 6.14-acre property presents a prime residential development opportunity. The cleared land is located just minutes from I-820 North, within the Brewer School District, and a short distance from Lake Worth. Surrounded by the 'Lake Vista Estates' subdivision, which features attractive single-family homes, the property is positioned in a conveniently located area. The site is suitable for mid- to higher-end properties, addressing the high demand for additional single-family homes in the area. The property can be re-platted to accommodate 30-35 single-family residential lots, each approximately 5,000 square feet. Preliminary engineering design is available. While currently zoned for residential use, multifamily development is a possibility with a zoning change. Commercial and other uses may also be possible, pending discussions with the zoning and planning section of the City of Fort Worth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Building Supply Garden Center Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.466604
    Latitude
    32.788352

    Nearby Similar for Sale

    • $999,995
      2,990 SF

      Commercial Condo Building For Sale

      Commercial condo building with office/retail space in a well-established corridor.
      5748 Boat Club Rd, Fort Worth, TX 76179
      View Details
    • $549,000
      5,865 SF

      High-Visibility Fort Worth Commercial Property

      Adaptable showroom/flex space with office in a strong commercial corridor.
      3850 South Fwy, Fort Worth, TX 76110
      View Details
    • $399,000
      5,000 SF

      Versatile Fort Worth Office Building

      5,000 sqft building suitable for office, medical, or multi-purpose use.
      2200 Evans Ave, Fort Worth, TX 76104
      View Details
    • $950,000
      0.50 Acres

      Fort Worth Warehouse with Office

      Commercial property with office, warehouse, and ample storage space.
      5385 Rendon Rd, Fort Worth, TX 76140
      View Details
    • $374,900
      0.25 Acres

      Versatile Commercial Property, Fort Worth

      Turnkey commercial opportunity near downtown Fort Worth with high visibility.
      1201 Bessie St, Fort Worth, TX 76104
      View Details
    • $950,000
      0.52 Acres

      Established Showroom on Jacksboro Highway

      Furniture showroom on busy highway with excellent frontage and access.
      2615 Jacksboro Hwy, Fort Worth, TX 76114
      View Details
    • $500,000
      0.49 Acres

      Fort Worth Commercial Property

      Versatile commercial property suitable for various uses in Fort Worth.
      3819 Mccart Ave, Fort Worth, TX 76110
      View Details
    • $800,000
      0.32 Acres

      Fort Worth Auto Body Shop

      Turnkey auto body shop with excellent connectivity and visibility.
      5323 Woodway Dr, Fort Worth, TX 76133
      View Details
    • $575,000
      0.14 Acres

      Downtown Fort Worth Office Building

      Professional office building in the heart of Downtown Fort Worth.
      610 E Weatherford St, Fort Worth, TX 76118
      View Details
    • $1,300,000
      0.32 Acres

      Versatile Commercial Building Near TCU

      Turnkey investment opportunity with bar and gym in Fort Worth.
      3717 Mccart Ave, Fort Worth, TX 76110
      View Details
    • New
      $250,000
      2,800 SF

      Fort Worth Car Wash Opportunity

      Car wash near downtown Fort Worth, accessible to major highways.
      1709 Mcclellan Ct, Fort Worth, TX 76112
      View Details
    • New
      $250,000
      3,500 SF

      Fort Worth Car Wash Opportunity

      Car wash near downtown Fort Worth, accessible to major highways.
      5500 E Lancaster Ave, Fort Worth, TX 76112
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 6.5 acres of cleared land near Lake Worth.
    Where is this residential land & home lot located?
    The property is located at 1800 N Las Vegas Trl Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $1,051,000.
    What are key features of this property?
    This property features: - 6.5 acres of cleared land suitable for residential development.; - Located within the desirable Brewer School District.; - Close proximity to Lake Worth.
    (817) 298-7052
    Request Owner's contact information
    1800 N Las Vegas Trl Fort Worth, TX 76108
    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.
    1800 N Las Vegas Trl
    Fort Worth, TX 76108
    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
    1800 N Las Vegas Trl Fort Worth, TX 76108
    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

    We can help!
    Listing Contact
    Pabitra Poudel
    Real Estate License ID: 0750745
    (817) 298-7052
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!