Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1652 Creststone Trl Fort Worth, TX

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $14,570,000

    Mixed-use development near Saginaw High School and major highways.

    Type:RETAIL
    Property size:
    16,900 SF
    Lot size:
    3.83 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    127
    Last Refresh:
    Mar 29 at 9:42 pm

    Property Features for 1652 Creststone Trl

    General Information

    Standard status
    Active
    Size
    16,900 SF
    Lot size
    3.83 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Matthew Mousavi
    Matthew Mousavi

    Listing agent Matthew Mousavi

    Listing office SRS Industrial - Newport Beach

    Listing date Nov 25, 2025

    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 SRS Industrial - Newport Beach

    Overview

    Victory Shops at Basswood

    Victory Shops at Basswood is a mixed-use development encompassing approximately 26 acres. The property is located across Blue Mound Road from Saginaw High School, which has an enrollment of 2,154 students, and across Basswood Boulevard from a shopping center anchored by Kroger. The location provides convenient access to three major highways, situated less than 1.5 miles from I-35W, 3 miles from Highway 287, and less than 2 miles from Loop 820. The property size is 16,900 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Kroger - Dallas, 1653 Basswood Blvd, Saginaw, TX 76131
    • Victory Shops at Basswood — Blue Mound Rd, Fort Worth, TX 76131

    Map

    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.6331
    Latitude
    32.5542

    Nearby Similar for Sale

    • $415,000
      4,612 SF

      Modern Office Condo For Sale

      Second-generation office condo with modern layout and quality finishes.
      3121 Bailey Drive, Fort Worth, TX 76177
      View Details
    • $950,000

      Fort Worth Warehouse with Office

      Commercial property with office, warehouse, and ample storage space.
      5385 Rendon Road, Fort Worth, TX 76140
      View Details
    • $700,000

      Auto Body Shop in Wedgwood

      Turnkey auto body shop with excellent Fort Worth connectivity.
      5323 Woodway Drive, Fort Worth, TX 76133
      View Details
    • $374,900

      Versatile Commercial Property, Fort Worth

      Turnkey commercial opportunity near downtown Fort Worth with high visibility.
      1201 Bessie Street, Fort Worth, TX 76104
      View Details
    • $950,000

      Established Showroom on Jacksboro Highway

      Furniture showroom on busy highway with excellent frontage and access.
      2615 Jacksboro Highway, River Oaks, TX 76114
      View Details
    • $500,000

      Fort Worth Commercial Property

      Versatile commercial property suitable for various uses in Fort Worth.
      3819 Mccart Avenue, Fort Worth, TX 76110
      View Details
    • $549,000

      High-Visibility Fort Worth Commercial Property

      Adaptable showroom/flex space with office in a strong commercial corridor.
      3850 South Freeway, Fort Worth, TX 76110
      View Details
    • $1,300,000

      Versatile Commercial Building Near TCU

      Turnkey investment opportunity with bar and gym in Fort Worth.
      3717 Mccart Avenue, Fort Worth, TX 76110
      View Details
    • $999,995

      Commercial Condo Building For Sale

      Commercial condo building with office/retail space in a well-established corridor.
      5748 Boat Club Road, Fort Worth, TX 76179
      View Details
    • $3,400,000

      Renovated Medical/Office Property in Fort Worth

      Recently renovated medical/office property with high occupancy and value-add potential.
      6825 Manhattan Boulevard, Fort Worth, TX 76120
      View Details
    • $750,000

      Former Masonic Lodge on Four Lots

      Versatile commercial property suitable for various business or community purposes.
      2901 Schwartz Avenue, Fort Worth, TX 76106
      View Details
    • $998,000

      Bar Near Fort Worth Stockyards

      Bar near Stockyards, includes two properties, ready for new owner.
      3203 N Main Street, Fort Worth, TX 76106
      View Details

    FAQs

    What type of property is this?
    Shopping center - Mixed-use development near Saginaw High School and major highways.
    Where is this shopping center located?
    The property is located at 1652 Creststone Trl Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $14,570,000.
    What are key features of this property?
    This property features: ±26 acre mixed‑use development; Easy access to 3 major highways (I‑35W, Hwy 287, Loop 820); Located across from Saginaw High School (2,154 students)
    (949) 698-1116
    We can help!
    Listing Contact
    Matthew Mousavi
    Matthew Mousavi
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!