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    Commercial Property with Event Center Potential Title is generated by Realmo AI

    1900 Evans Avenue, Fort Worth, TX 76104

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    For Sale
    $2,000,000

    Versatile commercial property with event center plans and investment potential.

    Type:Commercial
    Property size:
    8,000 SF
    Price / SF:
    $250/SF
    Added:
    Apr 22, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 22 at 5:22 pm

    Property Features for 1900 Evans Avenue

    General Information

    Standard status
    Active
    Size
    8,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1955

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    Listing Contact
    Orlando Fernandez

    Listing agent Orlando Fernandez

    Listing office Perla Realty Group, LLC

    Listing date Apr 22, 2026

    Source Signaturere

    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 Perla Realty Group, LLC

    HighLights

    • High potential for diverse investment opportunities like an event center, retail space, restaurant, or offices.
    • Approved for a wide range of commercial uses including day care, event center, restaurant, retail, and offices.
    • Option to divide into four 2,000 sqft units or lease as a whole.
    • Event center plans are available.
    • Existing structure with some construction already started.
    • Ideal location for a restaurant or convenience store to serve the neighborhood.

    Overview

    This commercial property offers significant investment potential. Plans for an event center are available, with some construction already initiated but not completed. The property could be divided into four 2,000-square-foot units or leased as a whole. Ideal uses include a restaurant or a convenience store. Permitted uses include a day care center (child or adult), event center or rental hall, restaurant, café, cafeteria, offices, antique shop, bakery, barber or beauty shop, convenience store, and laundry, dry cleaning, or washeteria. The property has a total size of 8,000 square feet.

    Local Financial Insights For Specialty Retail

    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 $193.0k $24.12
    − Vacancy −$9.3k −$1.16
    EGI $183.7k $22.96
    − OpEx −$45.9k −$5.74
    NOI $137.8k $17.22
    8,000 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.97M
    $1.72M – $2.30M (±1% cap)
    NOI $137,773 @ 7.0% cap · market cap 6.89%
    Second Best
    Retail
    $1.84M
    $1.61M – $2.14M (±1% cap)
    NOI $128,589 @ 7.0% cap · market cap 6.43%
    Theoretical Best
    Office A
    $2.91M
    $2.54M – $3.39M (±1% cap)
    NOI $203,424 @ 7.0% cap · market cap 10.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3186814
    Latitude
    32.7240352

    FAQs

    What type of property is this?
    Wedding venue - Versatile commercial property with event center plans and investment potential.
    Where is this wedding venue located?
    The property is located at 1900 Evans Avenue Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: High potential for diverse investment opportunities like an event center, retail space, restaurant, or offices.; Approved for a wide range of commercial uses including day care, event center, restaurant, retail, and offices.; Option to divide into four 2,000 sqft units or lease as a whole.
    More about this property
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