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High Visibility Fort Worth Retail

1016 S Main Street Fort Worth, TX 76104

1016 S Main Street, Fort Worth, TX, 76104
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Commercial space in a dynamic, walkable urban neighborhood.

Property Size5,455 SF
Price / SF$229.15
AddedJan 30
Days on Market167
Last RefreshJul 15 at 11:05 am

Property Features for 1016 S Main Street

General Information

Standard status
Active
Size
5,455 SF
Property subtype
Retail

Building Details

Year Built
1952

Listing office Team & Vasseur

Listing date Jan 30, 2026

Source Crexi

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Big Box & Wholesale Store Building Supply Storage Facility Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

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.
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