3200 W 4th St, Fort Worth, TX
Office building with garage near Cultural District and Monticello.
- Added:
- Jun 10, 2024
- Days on Market:
- 732
- Last Refresh:
- May 20 at 8:31 pm
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 agent John Poston
Listing office Lincoln Property Company - Corporate (214) 740-3300
Listing date Jun 10, 2024
Source Moodyscre
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
HighLights
- Excellent location near Cultural District and Monticello neighborhood
- 4 car garage
- Vacant and available immediately
- Perfect for office user
- 0.15 acres
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3632
- Latitude
- 32.7542
