Two-Story Office
For Sale
$900,000
2030 S Las Vegas Trl, White Settlement, TX 76108
Two-level professional workspace with private offices, conference facilities, a kitchenette, gated parking, and updated electrical service.
Property Size4,038 SF
Price / SF$222.88
Days on Market8
Property Features for 2030 S Las Vegas Trl
General Information
Standard status
Active
Size
4,038 SF
Building Details
Year Built
1980
Listing Agency:
League Real Estate
(817) 523-9113
Listed By:
Kalyn Mckittrick · License #0655035
Source:
Minteerteam
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 25 at 5:09AM
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 League Real Estate
Investment Insights
Based on property information with market context.
This 4,038 SF professional office building provides a two-story layout with 12 offices, four bathrooms, a conference room, and a kitchenette. The first floor contains six offices, the kitchenette, and two bathrooms, while the second floor adds six offices, the conference room, and two bathrooms. Built in 1980, the property has updated electrical components, including lighting and outlets, along with refreshed paint and a new iron gate around the site.
The building is located at 2030 S. Las Vegas Trail in White Settlement, with direct proximity to I 30. Restaurants, retailers, and hotels surround the property, and downtown Fort Worth is a short drive away. C-C zoning supports the stated office-oriented commercial setting, including financial, legal, insurance, and general office operations.
The building is located at 2030 S. Las Vegas Trail in White Settlement, with direct proximity to I 30. Restaurants, retailers, and hotels surround the property, and downtown Fort Worth is a short drive away. C-C zoning supports the stated office-oriented commercial setting, including financial, legal, insurance, and general office operations.
Key Highlights
- 4, 038 SF two‑story office building with 12 offices and 4 bathrooms
- First floor includes 6 offices, a kitchenette, and 2 bathrooms
- Second floor includes 6 offices, a conference room, and 2 bathrooms
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
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 - Two-level professional workspace with private offices, conference facilities, a kitchenette, gated parking, and updated electrical service.
Where is this office building located?
The property is located at 2030 S Las Vegas Trl 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 4 bathrooms; First floor includes 6 offices, a kitchenette, and 2 bathrooms; Second floor includes 6 offices, a conference room, and 2 bathrooms
