Commercial Space with Multiple
For Sale
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1411 Wesleyan Street, Fort Worth, TX 76105
Commercial space near Texas Wesleyan University with multiple entry points and mixed-use zoning for flexible layouts.
Property Size2,800 SF
Price / SF$0.00
Days on Market93
Property Features for 1411 Wesleyan Street
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Business
Lease Type
NNN
Building Details
Year Built
1918
Listing Agency:
Compass RE Texas, LLC
(214) 814-8100
Listed By:
Ashlee Gutierrez · License #0765238
(806) 674-3541
Source:
Lonestarluxuryrealty
Added: Jul 20
Changed: Oct 2
Last Checked: Oct 19 at 9:56AM
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 Compass RE Texas, LLC
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Investment Insights
Based on property information with market context.
This commercial space at 1411 Wesleyan Street is positioned to serve a variety of needs, with multiple entry points that allow it to function as a single open area or be subdivided into smaller units. The property’s configuration supports both larger-format use and smaller, specialized spaces, depending on how the interior is planned.
The space is located about one block from Texas Wesleyan University. The mixed-use zoning noted in the marketing materials supports a wide range of potential business uses.
For visibility and day-to-day operation, the presence of multiple entrances offers practical flexibility for tenant access and internal layout planning, whether operating as one continuous suite or dividing into separate spaces.
The space is located about one block from Texas Wesleyan University. The mixed-use zoning noted in the marketing materials supports a wide range of potential business uses.
For visibility and day-to-day operation, the presence of multiple entrances offers practical flexibility for tenant access and internal layout planning, whether operating as one continuous suite or dividing into separate spaces.
Key Highlights
- Commercial space built in 1918 near Texas Wesleyan University at 1411 Wesleyan St
- Approximately 2,800 SF with multiple entry points for flexible use and potential subdivision into smaller units
- Mixed use zoning supports a range of business types
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,006
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,120
$900.1K
Cap Rate 7%
$642,943
$642.9K
Cap Rate 9%
$500,067
$500.1K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$67.5K $24.12/SF
− Vacancy
−$3.2K −$1.16/SF
EGI
$64.3K $22.96/SF
− OpEx
−$19.3K −$6.89/SF
NOI
$45.0K $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%
$900,120
Cap Rate 7%
$642,943
Cap Rate 9%
$500,067
Alternative Uses
Best Use
Office B
$697.5K
$610.3K – $813.8K
NOI $48,825 @ 7.0% cap · market cap 406,875.00%
Second Best
Retail
$642.9K
$562.6K – $750.1K
NOI $45,006 @ 7.0% cap · market cap 375,050.00%
Theoretical Best
Office A
$1.02M
$890.0K – $1.19M
NOI $71,198 @ 7.0% cap · market cap 593,316.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
Explore this area
Business Placement
Demographics for 76105, TX
23,445
Population
7,667
Households
3.1
Avg Household Size
31
Median Age
5%
College-Educated
57%
High-School Grad
5.9 sq mi
ZIP Area
3,974
Density / Sq Mi
$46,482
Median Household Income
$27,987
Median Earnings
$1,172
Median Rent
$117,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Fort Worth, TX
Frequently Asked Questions
What type of property is this?
Office unit - Commercial space near Texas Wesleyan University with multiple entry points and mixed-use zoning for flexible layouts.
Where is this office unit located?
The property is located at 1411 Wesleyan Street Fort Worth, TX.
What are key features of this property?
This property features: Commercial space built in 1918 near Texas Wesleyan University at 1411 Wesleyan St; Approximately 2,800 SF with multiple entry points for flexible use and potential subdivision into smaller units; Mixed use zoning supports a range of business types
