Improved Commercial
For Sale
$749,000
2418 Clinton Avenue, Fort Worth, TX 76164
CommercialSale, Fort Worth, TX
Property Size2,335 SF
Lot Size0.17 Acres
Price / SF$320.77
Days on Market58
Property Features for 2418 Clinton Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Parking features
Carport, On Street, Driveway
Subdivision
Ellis M G Add
Directions
Apple and Google Maps Locatable
Standard status
Active
APN
00829110
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
ELLIS, M G ADDITION BLOCK 18 LOT 16
Tax Annual Amount
3986
Legal Description
ELLIS, M G ADDITION BLOCK 18 LOT 16
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Ceiling Fan(s)
Building Details
Year built
1994
Floors in Building
1
Number of units
1
Flooring type
Tile
Building materials
Brick
Roof type
Composition
Listing Agency:
Elite Real Estate Texas
(623) 570-2789
Listed By:
Bobby Minor
(817) 723-6208
Added: Jul 11
Changed: Sep 5
Last Checked: Sep 6 at 10:06PM
MLS# 21292028
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 0.172-acre commercial land parcel includes an existing 2,335-square-foot building constructed in 1994. The structure has brick construction, tile flooring, electric heating, ceiling fan and electric cooling, a composition roof, and public sewer service. Parking features include a driveway, carport, and on-street parking.
Located at 2418 Clinton Avenue in Fort Worth, the property sits within the West Exchange District. The 7,497-square-foot lot could accommodate approximately 24 parking spaces. Surrounding activity includes an approved 12,000-square-foot retail and office project, while public infrastructure improvements are addressing increased parking demand in the area.
Located at 2418 Clinton Avenue in Fort Worth, the property sits within the West Exchange District. The 7,497-square-foot lot could accommodate approximately 24 parking spaces. Surrounding activity includes an approved 12,000-square-foot retail and office project, while public infrastructure improvements are addressing increased parking demand in the area.
Key Highlights
- 0.172‑acre commercial land parcel at 2418 Clinton Avenue, Fort Worth, TX 76164
- Existing 2,335‑square‑foot building constructed in 1994
- 7,497‑square‑foot lot could accommodate approximately 24 parking spaces
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
$37,532
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
5.01%
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%
$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
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
$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 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%
$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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with an existing building, public sewer service, and multiple on-site parking features.
Where is this commercial land located?
The property is located at 2418 Clinton Avenue 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: 0.172‑acre commercial land parcel at 2418 Clinton Avenue, Fort Worth, TX 76164; Existing 2,335‑square‑foot building constructed in 1994; 7,497‑square‑foot lot could accommodate approximately 24 parking spaces
