Two-Suite
New
For Sale
$255,000
1325 S Riverside Drive, Fort Worth, TX 76104
Each suite has a private restroom, and the fenced rear area can support parking or storage.
Property Size760 SF
Price / SF$335.53
Days on Market5
Property Features for 1325 S Riverside Drive
General Information
Standard status
Active
Size
760 SF
Property subtype
Commercial
Zoning
Zoned "E" (Neighborhood Commercial)
Building Details
Building Size
760 SF
Year Built
1971
Stories
1
Units
2
Listing Agency:
Elite Real Estate Texas
(623) 570-2789
Listed By:
Benny Casas · License #0677939
(682) 558-1037
Source:
Bourquinrealty
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:15PM
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 Elite Real Estate Texas
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Investment Insights
Based on property information with market context.
This 760-square-foot storefront at 1325 S Riverside Drive in Fort Worth contains two separate suites, each with its own restroom. The building was renovated recently and is zoned E (Neighborhood Commercial). A fenced area behind the building provides space for additional parking or storage, alongside an oversized parking lot.
The suites can be used separately or together. Potential uses identified for the property include a salon, boutique, or professional office, subject to city approval.
The suites can be used separately or together. Potential uses identified for the property include a salon, boutique, or professional office, subject to city approval.
Key Highlights
- Two separate suites, each with a private restroom
- 760 square feet; renovated recently
- Zoned E (Neighborhood Commercial)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,216
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,320
$244.3K
Cap Rate 7%
$174,514
$174.5K
Cap Rate 9%
$135,733
$135.7K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$18.3K $24.12/SF
− Vacancy
−$880 −$1.16/SF
EGI
$17.5K $22.96/SF
− OpEx
−$5.2K −$6.89/SF
NOI
$12.2K $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%
$244,320
Cap Rate 7%
$174,514
Cap Rate 9%
$135,733
Alternative Uses
Best Use
Retail
$174.5K
$152.7K – $203.6K
NOI $12,216 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$276.1K
$241.6K – $322.1K
NOI $19,325 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76104, TX
21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Florería Tulipán — 1257 E Allen Ave, Fort Worth, TX 76104
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Frequently Asked Questions
What type of property is this?
Storefront property - Each suite has a private restroom, and the fenced rear area can support parking or storage.
Where is this storefront property located?
The property is located at 1325 S Riverside Drive Fort Worth, TX.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two separate suites, each with a private restroom; 760 square feet; renovated recently; Zoned E (Neighborhood Commercial)
