Auto Shop with Fenced
For Sale
Contact for pricing
1021 Florence St, Fort Worth, TX 76102
Auto-related property with a fenced yard and grade-level loading doors in downtown Fort Worth.
Property Size3,600 SF
Price / SF$333.33
Days on Market260
Property Features for 1021 Florence St
General Information
Standard status
Active
Size
3,600 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Downtown
Fenced Yard
Yes
Listing Agency:
Team & Vasseur Commercial Real Estate
(817) 335-7575
Listed By:
Philip Samples · License #553590
(214) 586-8584
Source:
Moodyscre
Added: Feb 12
Changed: Oct 26
Last Checked: Oct 28 at 12:20PM
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 Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This auto-related property includes a fenced yard and grade-level loading doors, supporting convenient access for service and operational needs. The space is suited for automotive use and may accommodate upgrades such as potentially adding two new lifts, subject to approval and feasibility.
Located in downtown Fort Worth, the property provides on-site containment with a dedicated fenced area for equipment, vehicles, or materials.
The offering is structured as an auto shop facility for sale, featuring the key loading and yard features commonly needed for automotive operations.
Located in downtown Fort Worth, the property provides on-site containment with a dedicated fenced area for equipment, vehicles, or materials.
The offering is structured as an auto shop facility for sale, featuring the key loading and yard features commonly needed for automotive operations.
Key Highlights
- Auto‑related property located in downtown Fort Worth
- Fenced yard
- Grade‑level loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,865
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,157,300
$1.2M
Cap Rate 7%
$826,643
$826.6K
Cap Rate 9%
$642,944
$642.9K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$86.8K $24.12/SF
− Vacancy
−$4.2K −$1.16/SF
EGI
$82.7K $22.96/SF
− OpEx
−$24.8K −$6.89/SF
NOI
$57.9K $16.07/SF
Area
Fort Worth, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,157,300
Cap Rate 7%
$826,643
Cap Rate 9%
$642,944
Alternative Uses
Best Use
Retail
$826.6K
$723.3K – $964.4K
NOI $57,865 @ 7.0% cap · market cap 4.82%
Second Best
Industrial
$324.5K
$283.9K – $378.6K
NOI $22,715 @ 7.0% cap · market cap 1.89%
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M
NOI $91,541 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
4,895
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76102, TX
13,236
Population
5,629
Households
2.4
Avg Household Size
36
Median Age
37%
College-Educated
86%
High-School Grad
4.5 sq mi
ZIP Area
2,941
Density / Sq Mi
$74,293
Median Household Income
$49,295
Median Earnings
$1,661
Median Rent
$338,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Shantel Towing Service — 400 Lipscomb St, Fort Worth, TX 76104
- TT Towing & Tow Truck — 300 S Main St, Fort Worth, TX 76104
- jack tire — 125 S Main St, Fort Worth, TX 76104
- Caliber Collision — 400 W Vickery Blvd, Fort Worth, TX 76104
- Mobile Mechanic Fort Worth — 201 W Lancaster Ave, Fort Worth, TX 76102
Frequently Asked Questions
What type of property is this?
Auto shop - Auto-related property with a fenced yard and grade-level loading doors in downtown Fort Worth.
Where is this auto shop located?
The property is located at 1021 Florence St Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Auto‑related property located in downtown Fort Worth; Fenced yard; Grade‑level loading doors
