Office Building For
2620 Scott Ave Fort Worth, TX 76103
2620 Scott Ave, Fort Worth, TX, 76103
Contact for pricing
For Sale
Contact for pricing
For sale office building with approximately 1,871 sq. ft., available as a commercial real estate opportunity.
Property Size1,871 SF
Price / SF$291.29
Days on Market176
Property Features for 2620 Scott Ave
General Information
- Standard status
- Active
- Size
- 1,871 SF
- Property subtype
- Office
Building Details
- Year Built
- 1920
Listing agency
Compass - Arlington
(214) 814-8100
Listed by
Georgie Zang · License #0708834
Source
Crexi
Added: Jan 27 Updated: Jul 21 at 8:05AM Checked: Jul 21 at 8:05AM
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 Compass - Arlington
Investment Insights
Based on property information with market context.
This for-sale office building offers approximately 1,871 square feet of commercial space and is being marketed as an office property. The listing is presented as a straightforward for-sale offering of an office-use asset.
The property is located at 2620 Scott Ave in Fort Worth, Texas 76103. Additional details such as current interior layout, condition, or specific unit configuration are not provided in the available information.
If you are considering a purchase, confirm the building’s floor plan and any tenant-ready specifications during your due diligence, since those details are not included here.
The property is located at 2620 Scott Ave in Fort Worth, Texas 76103. Additional details such as current interior layout, condition, or specific unit configuration are not provided in the available information.
If you are considering a purchase, confirm the building’s floor plan and any tenant-ready specifications during your due diligence, since those details are not included here.
Key Highlights
- Office building built in 1920
- Approximately 1,871 sq. ft. office building
- Offered for sale as a commercial real estate opportunity
Local Financial Insights For Office B
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 | $56.1k | $30.00 |
| − Vacancy | −$12.6k | −$6.75 |
| EGI | $43.5k | $23.25 |
| − OpEx | −$10.9k | −$5.81 |
| NOI | $32.6k | $17.44 |
1,871 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$466.1K
$407.8K – $543.8K
NOI $32,626 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$679.7K
$594.7K – $792.9K
NOI $47,576 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
JW Interior Design ...
Interior Design
KG Realty Group ...
Real Estate Agency
The JW Group | Compass
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For sale office building with approximately 1,871 sq. ft., available as a commercial real estate opportunity.
Where is this office building located?
The property is located at 2620 Scott Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Office building built in 1920; Approximately 1,871 sq. ft. office building; Offered for sale as a commercial real estate opportunity
