Office Building Near Cultural
For Sale
Contact for pricing
3200 W 4th St, Fort Worth, TX
Office building with garage near Cultural District and Monticello.
Property Size4,885 SF
Lot Size0.14 Acres
Price / SF$276.36
Days on Market782
Property Features for 3200 W 4th St
General Information
Standard status
Active
Size
4,885 SF
Lot size
0.14 Acres
Property subtype
OFFICE
Listing Agency:
Lincoln Property Company - Corporate
(214) 718-1945
Listed By:
John Poston
Source:
Moodyscre
Added: Jun 10, 2024
Changed: Jul 6
Last Checked: Jul 31 at 6:03AM
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 Lincoln Property Company - Corporate
Investment Insights
Based on property information with market context.
This office building, situated near the Cultural District and Monticello neighborhood, offers 4,885 square feet of space on a 0.15-acre lot. The property includes a 4-car garage and is currently vacant, making it available for immediate occupancy. Its location and features make it suitable for an office user.
Key Highlights
- Excellent location near Cultural District and Monticello neighborhood
- 4 car garage
- Vacant and available immediately
Financial Insights For Office B
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 | $146.6k | $30.00 |
| − Vacancy | −$33.0k | −$6.75 |
| EGI | $113.6k | $23.25 |
| − OpEx | −$28.4k | −$5.81 |
| NOI | $85.2k | $17.44 |
4,885 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.22M
$1.06M – $1.42M
NOI $85,182 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,216 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,706
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building with garage near Cultural District and Monticello.
Where is this office building located?
The property is located at 3200 W 4th St Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Excellent location near Cultural District and Monticello neighborhood; 4 car garage; Vacant and available immediately
