Freestanding Commercial Building in Fort
2620 Vaughn Boulevard Fort Worth, TX 76105
For Sale
$400,000
Versatile commercial building with excellent visibility, suitable for various businesses.
Property Size1,591 SF
Price / SF$251.41
Days on Market96
Property Features for 2620 Vaughn Boulevard
General Information
- Standard status
- Active
- Size
- 1,591 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1946
Listing Agency:
DIMERO REALTY GROUP
(817) 312-7449
Listed By:
Yary Diaz Nieves · License #0711220
(817) 312-7449
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 4:18PM
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 DIMERO REALTY GROUP
Investment Insights
Based on property information with market context.
This freestanding commercial building, currently operating as a salon, offers excellent visibility and functionality suitable for a variety of business uses. The property features a spacious open layout with multiple workstations, a welcoming reception area, and ample natural light. Additional spaces include a private office, storage room, restroom, and laundry area, providing flexibility for different operational needs. Situated on a generous lot, the property includes a large parking area and multiple access points, allowing for convenient customer access and efficient traffic flow. Recent improvements include a metal roof (approximately 5 years old), foam insulation for enhanced energy efficiency, updated plumbing, and electrical upgrades. The property is zoned ER (Neighborhood Commercial Restricted), allowing for a wide range of uses including barber-beauty shops, bookstores, drug stores, offices, studios, healthcare, public and civic uses. All existing salon stations, equipment, and furnishings currently in place are included in the sale, offering a turnkey opportunity for a salon or similar business. The property is conveniently located with easy access to major highways including I-20, I-35W, and US-287, and is less than 10 minutes from Downtown Fort Worth, providing excellent connectivity. The property size is 1591 square feet.
Key Highlights
- Turnkey salon opportunity: All existing salon stations, equipment, and furnishings are included.
- Excellent location: Convenient access to I‑20, I‑35W, US‑287, and less than 10 minutes from Downtown Fort Worth.
- Versatile ER zoning allows for a wide range of business uses including salon, retail, office, healthcare, and civic.
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 | $47.7k | $30.00 |
| − Vacancy | −$10.7k | −$6.75 |
| EGI | $37.0k | $23.25 |
| − OpEx | −$9.2k | −$5.81 |
| NOI | $27.7k | $17.44 |
1,591 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$396.3K
$346.8K – $462.4K
NOI $27,743 @ 7.0% cap · market cap 6.94%
Second Best
Retail
$365.3K
$319.7K – $426.2K
NOI $25,573 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$577.9K
$505.7K – $674.3K
NOI $40,456 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Raynan Beauty Salon
Hair Salon
Similar Off Market Nearby
- Grace's Flowers & Gifts — 2720 Vaughn Blvd, Fort Worth, TX 76105
FAQs
What type of property is this?
Storefront property - Versatile commercial building with excellent visibility, suitable for various businesses.
Where is this storefront property located?
The property is located at 2620 Vaughn Boulevard Fort Worth, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Turnkey salon opportunity: All existing salon stations, equipment, and furnishings are included.; Excellent location: Convenient access to I‑20, I‑35W, US‑287, and less than 10 minutes from Downtown Fort Worth.; Versatile ER zoning allows for a wide range of business uses including salon, retail, office, healthcare, and civic.
