Two-Story Professional Office
For Sale
$900,000
2030 S Las Vegas Trail, White Settlement, TX 76108
CommercialSale, White Settlement, TX
Property Size4,038 SF
Lot Size0.28 Acres
Price / SF$222.88
Days on Market78
Property Features for 2030 S Las Vegas Trail
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C-C
Parking features
Parking Lot
Subdivision
WESTERN HILLS PARK ADDITION
Directions
When heading west on I 30, exit Las Vegas Trail, take a right and the building is on your left.
Standard status
Active
APN
03435679
Lot size
0.28 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
conference room
kitchenette
Building Details
Year built
1980
Floors in Building
2
Number of units
1
Flooring type
Vinyl
Building materials
Concrete, Stucco
Roof type
Composition
Listing Agency:
League Real Estate
(817) 523-9113
Listed By:
Kalyn Mckittrick · License #0655035
(972) 849-9889
Added: Jun 6
Changed: Aug 21
Last Checked: Aug 22 at 10:06PM
MLS# 21267811
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,038 SF office building provides a two-level professional layout with 12 offices, four bathrooms, a conference room, and a kitchenette. Each floor contains six offices and two bathrooms; the first floor also includes the kitchenette, while the second floor includes the conference room. Built in 1980, the property has updated electrical lighting and outlets, newer paint, an iron perimeter gate, vinyl flooring, concrete and stucco construction, and composition roofing.
The 0.28-acre property includes 20 paved parking spaces within a gated parking area. Public water and sewer serve the site, with central electric heating and air conditioning. Located at 2030 S Las Vegas Trail in White Settlement, the building is positioned just off I-30 and near national restaurants, retailers, and hotels, with downtown Fort Worth a short drive away.
The 0.28-acre property includes 20 paved parking spaces within a gated parking area. Public water and sewer serve the site, with central electric heating and air conditioning. Located at 2030 S Las Vegas Trail in White Settlement, the building is positioned just off I-30 and near national restaurants, retailers, and hotels, with downtown Fort Worth a short drive away.
Key Highlights
- 4,038 SF two‑story office building with 12 offices and four bathrooms
- Six offices on each floor, plus a conference room and kitchenette
- 20 paved parking spaces within a gated parking area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,967
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,119,340
$1.1M
Cap Rate 7%
$799,529
$799.5K
Cap Rate 9%
$621,856
$621.9K
Market Conditions
NOI Build-Up for 4,038 SF
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.
Gross rent
$96.9K $24.00/SF
− Vacancy
−$22.3K −$5.52/SF
EGI
$74.6K $18.48/SF
− OpEx
−$18.7K −$4.62/SF
NOI
$56.0K $13.86/SF
Area
ZIP 76108
Vacancy
23.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,119,340
Cap Rate 7%
$799,529
Cap Rate 9%
$621,856
Alternative Uses
Best Use
Office B
$799.5K
$699.6K – $932.8K
NOI $55,967 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$932.8K – $1.24M
NOI $74,622 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 76108, TX
46,170
Population
18,031
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
43.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$78,471
Median Household Income
$44,235
Median Earnings
$1,418
Median Rent
$238,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Updated electrical systems, central HVAC, and gated paved parking support a functional business setting.
Where is this office building located?
The property is located at 2030 S Las Vegas Trail White Settlement, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 4,038 SF two‑story office building with 12 offices and four bathrooms; Six offices on each floor, plus a conference room and kitchenette; 20 paved parking spaces within a gated parking area
