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    501 Carroll St Fort Worth, TX 76107

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    Contact for pricing

    Unique mixed-use property with retail and residential components.

    Property size:
    1,540 SF
    Lot size:
    2.64 Acres

    Property Features for 501 Carroll St

    General Information

    Size
    1,540 SF
    Lot size
    2.64 Acres

    Source: Kimco Realty - Corporate Agent Douglas Schooley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Development in Fort Worth

    Montgomery Plaza is a mixed-use development situated on W 7th in Fort Worth, Texas. The property features anchor stores such as Ross Dress for Less, Marshalls/HomeGoods, and Petsmart, all within an open-air setting that includes ample parking. The original 1928 Montgomery Ward store and catalog building is a key architectural element of the property. This nationally recognized structure was converted in 2004 into a luxury residential community, featuring 240 condominiums on levels 3 through 8. The condos are characterized by elevated ceiling heights, full-length windows, and industrial design elements. A six-story opening was incorporated into the center of the Art Deco building during the conversion, creating an 80-foot promenade for shopping and restaurants. The available retail space is 1540 square feet. The center is located within walking distance of over 1,000 other residential units.
    Location Intelligence

    Current Use by Public Records

    The Purple Chair Salon ... Hair Salon GNC Vitamin & Supplements Store Dr. Darcy Worman-Goode Chiropractor Dr. William Schlackman Chiropractor JAZZY'S CUTS Barber Shop

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Foch Street Warehouses, KO Trading, Artisan Circle, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3542356
    Latitude
    32.7537071

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    FAQs

    What type of property is this?
    Shopping center - Unique mixed-use property with retail and residential components.
    Where is this shopping center located?
    The property is located at 501 Carroll St Fort Worth, TX.
    What are key features of this property?
    This property features: - Unique, nationally recognized Art Deco building converted into luxury condominiums.; - Prime location on W 7th in Fort Worth, a mixed-use development with retail and residential.; - Features elevated ceiling heights and enormous full-length windows with industrial elements.
    (516) 869-9000
    Request Owner's contact information
    501 Carroll St Fort Worth, TX 76107
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    Fort Worth, TX 76107
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    Realmo Value Estimation

    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.

    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.

    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
    501 Carroll St Fort Worth, TX 76107
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