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 Features for 2718 Azle Avenue
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 76106, TX
Market
Vacancy Rate% for Retail in South region
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