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Retail Space with Reserved Parking
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2927 Morton St, Fort Worth, TX

Retail space available near upcoming mixed-use development.

Property Size5,000 SF
Lot Size0.15 Acres
Price / SF$260
Days on Market458

Property Features for 2927 Morton St

General Information

Standard status Active
Size 5,000 SF
Lot size 0.15 Acres
Property subtype RETAIL
Listing Agency: Team & Vasseur Commercial Real Estate
Listed By: Bill Tinsley
Source: Moodyscre
Added: Apr 30, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:47AM

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

Investment Insights

Based on property information with market context.

This retail space offers 5,000 square feet and includes 14 reserved parking spaces. The property is zoned MU2 and is located one block from a new Autograph Collection hotel and mixed-use development.

Key Highlights

  • 14 reserved parking spaces included.
  • Zoned MU2.
  • New Autograph Collection hotel one block away.

Financial Insights For Mixed Use

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 $165.0k $33.00
− Vacancy −$19.8k −$3.96
EGI $145.2k $29.04
− OpEx −$54.5k −$10.89
NOI $90.8k $18.15
5,000 SF · lease $33.00/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,750 @ 7.0% cap · market cap 6.98%
Second Best
Retail
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,368 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,140 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Red Dog Studios ... Marketing & Advertising

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store Fish Market Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,662
Businesses Nearby

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available near upcoming mixed-use development.
Where is this retail space located?
The property is located at 2927 Morton St Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 14 reserved parking spaces included.; Zoned MU2.; New Autograph Collection hotel one block away.
(817) 737-5000 Call to check price and availability
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