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One-Story Neighborhood Commercial Retail Building
For Sale
$750,000

2718 Azle Avenue, Fort Worth, TX 76106

One-story retail building on a high-traffic corridor with E/ER Neighborhood Commercial zoning for many neighborhood uses.

Property Size3,672 SF
Lot Size0.16 Acres
Price / SF$204.25
Days on Market67

Property Features for 2718 Azle Avenue

General Information

Standard status Active
Size 3,672 SF
Lot size 0.16 Acres
Property subtype Retail
Zoning E and ER Neighborhood Commercial

Additional Details

Traffic Count 14,000 vehicles/day

Building Details

Year Built 1960
Stories 1
Listing Agency: Texas Connect Realty LLC
Listed By: Pedro Juarez · License #0682343
Source: Xome
Added: May 31 Changed: Jul 10 Last Checked: Aug 5 at 4:41AM

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 Texas Connect Realty LLC

Investment Insights

Based on property information with market context.

The property is a one-story commercial building totaling approximately 3,700 square feet on a 7,000 square foot lot. Originally built in 1960 and previously operated as a retail auto supply store, the space is positioned for a new concept and reconfiguration as needed by the next operator. The site also has a building height allowance up to 45 feet. Alcohol sales are permitted for off-premise consumption and as part of food service operations.

Located on Azle Avenue in Fort Worth’s Far Greater Northside corridor, the building benefits from high visibility with approximately 9,500 vehicles per day on Azle Ave. Nearby, Long Ave is cited at approximately 14,000 vehicles per day, supporting steady drive-by exposure for neighborhood-serving businesses.

Zoned E and ER Neighborhood Commercial, the property is intended to accommodate a wide range of uses, including retail and offices, as well as restaurants, bakeries, beauty and barber shops, drug stores, studios, banks, and gasoline sales. Healthcare and public civic uses are also contemplated under the stated zoning. With its flexible use profile and corridor visibility, it offers a practical fit for retail and service tenants looking to operate in a community-focused commercial environment.

Key Highlights

  • One‑story 3,700 SF commercial building on a 7,000 SF lot on high‑traffic Azle Avenue
  • Traffic count listed at approx. 9,500 vehicles/day on Azle Ave and 14,000 vehicles/day on nearby Long Ave
  • Zoned E and ER Neighborhood Commercial with permitted uses for retail, offices, restaurants, bakeries, and more

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 $88.6k $24.12
− Vacancy −$4.3k −$1.16
EGI $84.3k $22.96
− OpEx −$25.3k −$6.89
NOI $59.0k $16.07
3,672 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$843.2K
$737.8K – $983.7K (±1% cap)
NOI $59,022 @ 7.0% cap · market cap 7.87%
Second Best
no second resolved use
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M (±1% cap)
NOI $93,372 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Promised Land U.S. Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

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

14,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76106, TX

36,521
Population
11,543
Households
3.2
Avg Household Size
30
Median Age
6%
College-Educated
54%
High-School Grad
14.5 sq mi
ZIP Area
2,519
Density / Sq Mi
$53,486
Median Household Income
$31,419
Median Earnings
$1,179
Median Rent
$167,600
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - One-story retail building on a high-traffic corridor with E/ER Neighborhood Commercial zoning for many neighborhood uses.
Where is this storefront property located?
The property is located at 2718 Azle Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: One‑story 3,700 SF commercial building on a 7,000 SF lot on high‑traffic Azle Avenue; Traffic count listed at approx. 9,500 vehicles/day on Azle Ave and 14,000 vehicles/day on nearby Long Ave; Zoned E and ER Neighborhood Commercial with permitted uses for retail, offices, restaurants, bakeries, and more
More about this property
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