Freestanding Commercial Corner
5149 River Oaks Boulevard River Oaks, TX 76114
For Sale
$849,000
SINGLE_FAMILY - River Oaks, TX
Property Size3,817 SF
Lot Size0.46 Acres
Price / SF$222.43
Days on Market21
Property Features for 5149 River Oaks Boulevard
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 00940763
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Description
- FOREST ACRES ADDITION LOT 6A & 42270 BLK LOT
- Tax Annual Amount
- 4106
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1938
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Concrete
- Building materials
- Block
- Roof type
- Mixed, Metal
Listing Agency:
Tidwell & Ellis RealEstate Srv
(817) 600-3622
Listed By:
Richard Odom · License #0638228
(817) 600-3622
Added: Jul 7
Changed: Jul 9
Last Checked: Jul 27 at 4:06AM
MLS# 21322964
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.
Investment Insights
Based on property information with market context.
This freestanding commercial building totals 3,817+/- SF and sits on an approximately 0.459-acre corner lot described as a prominent hard corner. The space is laid out to support a flexible commercial configuration, and the property includes ample on-site parking to serve employees and visitors. The offering is presented for potential owner-user or investment use, with tenant and user fit tied to local zoning and municipal approval.
The property is located at 5149 River Oaks Boulevard in River Oaks, within an established trade area that includes residential neighborhoods and local businesses. It is positioned to benefit from strong street frontage and visibility on the corner, with convenient access to major thoroughfares and routes that connect toward Downtown Fort Worth and Lake Worth.
For businesses seeking a high-profile, easy-to-access site, the building’s adaptable floor plan can support a range of commercial uses, including professional office, medical, retail, service-based businesses, showroom, and other specialty commercial applications, subject to zoning verification. Buyers and brokers are directed to confirm all details, including zoning, permitted uses, square footage, taxes, and measurements.
The property is located at 5149 River Oaks Boulevard in River Oaks, within an established trade area that includes residential neighborhoods and local businesses. It is positioned to benefit from strong street frontage and visibility on the corner, with convenient access to major thoroughfares and routes that connect toward Downtown Fort Worth and Lake Worth.
For businesses seeking a high-profile, easy-to-access site, the building’s adaptable floor plan can support a range of commercial uses, including professional office, medical, retail, service-based businesses, showroom, and other specialty commercial applications, subject to zoning verification. Buyers and brokers are directed to confirm all details, including zoning, permitted uses, square footage, taxes, and measurements.
Key Highlights
- Freestanding 3,817+/- SF commercial building with flexible layout for a range of commercial uses (subject to local zoning/approval)
- Approx. 0.459‑acre hard‑corner lot at 5149 River Oaks Blvd, providing strong traffic exposure
- Ample on‑site parking with parking lot configuration
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.3k | $30.72 |
| − Vacancy | −$29.3k | −$7.68 |
| EGI | $87.9k | $23.04 |
| − OpEx | −$22.0k | −$5.76 |
| NOI | $66.0k | $17.28 |
3,817 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$942.3K
$824.5K – $1.10M
NOI $65,958 @ 7.0% cap · market cap 7.77%
Second Best
Retail
$905.1K
$792.0K – $1.06M
NOI $63,356 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,990 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Flexible freestanding building with ample parking and strong hard-corner visibility for office, medical, retail, or showroom use.
Where is this retail space located?
The property is located at 5149 River Oaks Boulevard River Oaks, TX.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Freestanding 3,817+/- SF commercial building with flexible layout for a range of commercial uses (subject to local zoning/approval); Approx. 0.459‑acre hard‑corner lot at 5149 River Oaks Blvd, providing strong traffic exposure; Ample on‑site parking with parking lot configuration
