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Salon-Ready Wellness Property

2620 Vaughn Boulevard, Fort Worth, TX 76105

For Sale
$380,000

CommercialSale, Fort Worth, TX

Property Size1,591 SF
Lot Size0.25 Acres
Price / SF$238.84
Days on Market124

Property Features for 2620 Vaughn Boulevard

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description ER - Neighborhood Commercial Restricted.
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision Burch-Hill Add
Lot features Corner Lot, Level, Subdivision
Directions From I-35W, take Exit toward E Berry St and head east. Turn right onto Vaughn Blvd. Continue south for approximately 1 mile, the property will be on your left.
Standard status Active
APN 00377678
Size 1,591 SF
Lot size 0.25 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description BURCH-HILL ADDITION 2ND FILING BLOCK 10 LOT 4
Tax Annual Amount 4520
Legal Description BURCH-HILL ADDITION 2ND FILING BLOCK 10 LOT 4

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1946
Floors in Building 1
Number of units 1
Flooring type Vinyl, Tile
Building materials Brick
Roof type Metal
Listing Agency: DIMERO REALTY GROUP
Listed By: Yary Diaz Nieves · License TX #0711220
Added: Jul 12 Changed: Nov 12 Last Checked: Nov 12 at 6:06PM
MLS# 21225374

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.

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Investment Insights

Based on property information with market context.

Configured for salon use, this freestanding wellness property contains an open work area with multiple stations, reception space, a private office, storage, a restroom, and a laundry area. Salon equipment and furnishings are included. The 1,591-square-foot building sits on a 0.252-acre parcel and has a metal roof, foam insulation, updated plumbing and electrical systems, and brick construction. Vinyl and tile flooring, central heating and cooling, public water and sewer, and ramp access are also in place.

ER zoning supports uses that include barber and beauty shops, offices, studios, healthcare, bookstores, drug stores, and public or civic functions. The property is in Fort Worth, with access to I-20, I-35W, and US-287; Downtown Fort Worth is less than 10 minutes away.

Key Highlights

  • 1,591‑square‑foot building on a 0.252‑acre parcel
  • Salon stations, equipment, and furnishings included
  • Open salon area with reception, private office, storage, restroom, and laundry space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,573
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,460 $511.5K
Cap Rate 7%
$365,329 $365.3K
Cap Rate 9%
$284,144 $284.1K
Market Conditions
NOI Build-Up for 1,591 SF
Gross rent
$38.4K $24.12/SF
− Vacancy
−$1.8K −$1.16/SF
EGI
$36.5K $22.96/SF
− OpEx
−$11.0K −$6.89/SF
NOI
$25.6K $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 Rate 5%
$511,460
Cap Rate 7%
$365,329
Cap Rate 9%
$284,144

Alternative Uses

Best Use
Retail
$365.3K
$319.7K – $426.2K (±1% cap)
NOI $25,573 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$577.9K
$505.7K – $674.3K (±1% cap)
NOI $40,456 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Raynan Beauty Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76105, TX

23,445
Population
7,667
Households
3.1
Avg Household Size
31
Median Age
5%
College-Educated
57%
High-School Grad
5.9 sq mi
ZIP Area
3,974
Density / Sq Mi
$46,482
Median Household Income
$27,987
Median Earnings
$1,172
Median Rent
$117,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Existing salon improvements and furnishings support continued salon operations or another use permitted under ER zoning.
Where is this spa & wellness 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 $380,000.
What are key features of this property?
This property features: 1,591‑square‑foot building on a 0.252‑acre parcel; Salon stations, equipment, and furnishings included; Open salon area with reception, private office, storage, restroom, and laundry space
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