Office Building For
For Sale
Contact for pricing
2620 Scott Ave, Fort Worth, TX 76103
For sale office building with approximately 1,871 sq. ft., available as a commercial real estate opportunity.
Property Size1,871 SF
Price / SF$267.18
Days on Market221
Property Features for 2620 Scott Ave
General Information
Standard status
Active
Size
1,871 SF
Class
B
Property subtype
Office
Lease Type
Gross
Building Details
Year Built
1920
Year Renovated
2025
Listing Agency:
Compass - Arlington
Listed By:
Georgie Zang · License #0708834
(214) 814-8100
Source:
Crexi
Added: Jan 27
Changed: Aug 26
Last Checked: Sep 1 at 1:34AM
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
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
$32,626
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
6.53%
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%
$652,520
$652.5K
Cap Rate 7%
$466,086
$466.1K
Cap Rate 9%
$362,511
$362.5K
Market Conditions
NOI Build-Up for 1,871 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
$56.1K $30.00/SF
− Vacancy
−$12.6K −$6.75/SF
EGI
$43.5K $23.25/SF
− OpEx
−$10.9K −$5.81/SF
NOI
$32.6K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /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%
$652,520
Cap Rate 7%
$466,086
Cap Rate 9%
$362,511
Alternative Uses
Best Use
Office B
$466.1K
$407.8K – $543.8K
NOI $32,626 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$679.7K
$594.7K – $792.9K
NOI $47,576 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Explore this area
Business Placement
Demographics for 76103, TX
15,394
Population
6,040
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
69%
High-School Grad
6.1 sq mi
ZIP Area
2,524
Density / Sq Mi
$55,183
Median Household Income
$32,931
Median Earnings
$1,119
Median Rent
$186,300
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
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 $499,900.
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
