Improved Commercial Land with
For Sale
$749,000
2418 Clinton Ave, Fort Worth, TX 76164
Commercially zoned land includes an existing building suitable for continued use or future redevelopment.
Property Size2,335 SF
Price / SF$320.77
Days on Market67
Property Features for 2418 Clinton Ave
General Information
Standard status
Active
Size
2,335 SF
Building Details
Year Built
1994
Listing Agency:
Elite Real Estate Texas
Listed By:
Bobby Minor
(817) 723-6208
Source:
Brandeekelley
Added: Aug 9
Changed: Oct 12
Last Checked: Oct 7 at 2:28PM
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 Elite Real Estate Texas
Investment Insights
Based on property information with market context.
This commercial land offering includes a 7,497-square-foot lot and an existing 2,335-square-foot building constructed in 1994. The property is zoned Commercial and combines an improved site with an established structure for continued occupancy, repositioning, or redevelopment planning.
Located at 2418 Clinton Avenue in Fort Worth, the property is within the West Exchange District and the Stockyards area. Nearby activity includes an approved 12,000-square-foot retail and office project, along with public infrastructure work focused on expanding parking capacity. The site could accommodate approximately 24 parking spaces, subject to applicable approvals and site requirements.
Located at 2418 Clinton Avenue in Fort Worth, the property is within the West Exchange District and the Stockyards area. Nearby activity includes an approved 12,000-square-foot retail and office project, along with public infrastructure work focused on expanding parking capacity. The site could accommodate approximately 24 parking spaces, subject to applicable approvals and site requirements.
Key Highlights
- 7,497‑square‑foot commercial land parcel
- Existing 2,335‑square‑foot building
- Building constructed in 1994
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,532
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,640
$750.6K
Cap Rate 7%
$536,171
$536.2K
Cap Rate 9%
$417,022
$417.0K
Market Conditions
NOI Build-Up for 2,335 SF
Gross rent
$56.3K $24.12/SF
− Vacancy
−$2.7K −$1.16/SF
EGI
$53.6K $22.96/SF
− OpEx
−$16.1K −$6.89/SF
NOI
$37.5K $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%
$750,640
Cap Rate 7%
$536,171
Cap Rate 9%
$417,022
Alternative Uses
Best Use
Retail
$536.2K
$469.2K – $625.5K
NOI $37,532 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$848.2K
$742.2K – $989.6K
NOI $59,374 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,054
Businesses Nearby
Explore this area
Business Placement
Demographics for 76164, TX
15,602
Population
4,866
Households
3.2
Avg Household Size
34
Median Age
5%
College-Educated
52%
High-School Grad
3.9 sq mi
ZIP Area
4,001
Density / Sq Mi
$51,618
Median Household Income
$30,640
Median Earnings
$1,117
Median Rent
$140,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned land includes an existing building suitable for continued use or future redevelopment.
Where is this commercial land located?
The property is located at 2418 Clinton Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 7,497‑square‑foot commercial land parcel; Existing 2,335‑square‑foot building; Building constructed in 1994
