High Visibility Fort Worth
1016 S Main Street Fort Worth, TX 76104
1016 S Main Street, Fort Worth, TX, 76104
Contact for pricing
For Sale
Contact for pricing
Pending
Commercial space in a dynamic, walkable urban neighborhood.
Property Size5,455 SF
Days on Market168
Property Features for 1016 S Main Street
General Information
- Standard status
- Pending
- Size
- 5,455 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1952
Listing Agency
Team & Vasseur
Listed by
Philip Samples · License #553590
Source
Crexi
Added: Jan 30 Checked: Jul 17 at 3:46 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Team & Vasseur
Investment Insights
Based on property information with market context.
The property at 1016 S. Main Street is located in Fort Worth’s Near Southside district, a walkable urban neighborhood. This commercial location offers high visibility along a well-traveled corridor. It provides signage opportunities and convenient access to downtown, major medical centers, and dining and entertainment venues. The property is suitable for professional, retail, or service users. The property size is 5,455 square feet.
Key Highlights
- High visibility location on S. Main Street.
- In the heart of Fort Worth’s Near Southside district.
- Walkable urban neighborhood with energy and growth.
Local Financial Insights For Retail
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 | $131.6k | $24.12 |
| − Vacancy | −$6.3k | −$1.16 |
| EGI | $125.3k | $22.96 |
| − OpEx | −$37.6k | −$6.89 |
| NOI | $87.7k | $16.07 |
5,455 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.10M – $1.46M
NOI $87,681 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,710 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quick Auto Repair
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Commercial space in a dynamic, walkable urban neighborhood.
Where is this retail space located?
The property is located at 1016 S Main Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High visibility location on S. Main Street.; In the heart of Fort Worth’s Near Southside district.; Walkable urban neighborhood with energy and growth.
