Commercial Land with Existing
For Sale
$749,000
2418 Clinton Avenue, Fort Worth, TX 76164
A 1994-built building on a parcel sized for roughly 24 parking spaces, supporting flexible future use or redevelopment.
Property Size2,335 SF
Price / SF$320.77
Days on Market66
Property Features for 2418 Clinton Avenue
General Information
Standard status
Active
Size
2,335 SF
Property subtype
Retail
Building Details
Year Built
1994
Listing Agency:
(817) 723-6208
Listed By:
Elite Real Estate Texas
(817) 723-6208
Source:
Xome
Added: May 31
Changed: Jul 10
Last Checked: Aug 3 at 12:27PM
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.
The property at 2418 Clinton Avenue includes a 2,335-square-foot building constructed in 1994 and a 7,497-square-foot lot. The site is described as accommodating approximately 24 parking spaces, which can support vehicle-oriented retail, service, or other commercial uses depending on the tenant’s plan. The overall configuration offers flexibility for future use, expansion, or redevelopment, with the existing improvements providing an established starting point for an operator or investor.
The asset is located in the West Exchange District, within the broader Stockyards area of Fort Worth. The public remarks note a newly approved 12,000-square-foot retail and office project nearby and significant public infrastructure improvements aimed at addressing growing parking demand.
For tenants, buyers, or developers, the practical value here is the combination of an existing building and a lot that can be laid out for meaningful on-site parking. That can be particularly useful for concepts that require straightforward access and customer parking, as well as for users evaluating long-term repositioning. The property’s mix of existing improvements and available site area supports a range of commercial strategies while aligning with the area’s stated focus on development and parking-related infrastructure.
The asset is located in the West Exchange District, within the broader Stockyards area of Fort Worth. The public remarks note a newly approved 12,000-square-foot retail and office project nearby and significant public infrastructure improvements aimed at addressing growing parking demand.
For tenants, buyers, or developers, the practical value here is the combination of an existing building and a lot that can be laid out for meaningful on-site parking. That can be particularly useful for concepts that require straightforward access and customer parking, as well as for users evaluating long-term repositioning. The property’s mix of existing improvements and available site area supports a range of commercial strategies while aligning with the area’s stated focus on development and parking-related infrastructure.
Key Highlights
- 2,335‑SF building constructed in 1994 on a 7,497‑SF lot
- Lot size could accommodate approximately 24 parking spaces, supporting parking‑focused uses
- Electric cooling; heating includes 3 systems
Financial Insights For 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 | $56.3k | $24.12 |
| − Vacancy | −$2.7k | −$1.16 |
| EGI | $53.6k | $22.96 |
| − OpEx | −$16.1k | −$6.89 |
| NOI | $37.5k | $16.07 |
2,335 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
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
Under-served
Demand for This Use
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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Similar Off Market Nearby
- Swofford's Florist — 1416 NW 25th St, Fort Worth, TX 76164
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Frequently Asked Questions
What type of property is this?
Storefront property - A 1994-built building on a parcel sized for roughly 24 parking spaces, supporting flexible future use or redevelopment.
Where is this storefront property 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: 2,335‑SF building constructed in 1994 on a 7,497‑SF lot; Lot size could accommodate approximately 24 parking spaces, supporting parking‑focused uses; Electric cooling; heating includes 3 systems
