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One-Story Retail Space

2718 azle Street, Fort Worth, TX 76106

For Sale
New
$750,000

CommercialSale, Fort Worth, TX

Property Size3,672 SF
Lot Size0.16 Acres
Price / SF$204.25
Days on Market1

Property Features for 2718 azle Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial ER
Parking features Driveway
Subdivision Rosen Heights Second Filing
Directions Jacksboro highway north to Azle Ave, left on Azle, property is on the right hand side.
Standard status Active
APN 02544512
Size 3,672 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description ROSEN HEIGHTS SECOND FILING BLOCK 102 LOT 15
Tax Annual Amount 8482
Legal Description ROSEN HEIGHTS SECOND FILING BLOCK 102 LOT 15

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Block, Concrete
Roof type Metal
Buildings 1
Listing Agency: Texas Connect Realty LLC
Listed By: Pedro Juarez · License TX #0682343
Added: Nov 10 Last Checked: Nov 10 at 9:06PM
MLS# 21432983

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.

Rey
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Investment Insights

Based on property information with market context.

This one-story retail space was built in 1960 and has block and concrete construction, concrete flooring, central heating, and central air conditioning. The property is zoned E and ER Neighborhood Commercial, with a stated building-height allowance of up to 45 feet. Listed potential uses include retail, offices, restaurants, bakeries, personal-care businesses, studios, banks, healthcare, and civic uses. The prior operation was an auto supply store.

The property is described as having exposure to traffic counts of approximately 9,500 vehicles per day on Azle Avenue and 14,000 vehicles per day on nearby Long Avenue. The surrounding area is reported to include more than 20,000 residents within a three-minute drive.

Key Highlights

  • E and ER Neighborhood Commercial zoning
  • Building‑height allowance up to 45 feet
  • Approximately 9,500 vehicles per day on Azle Avenue and 14,000 per day on nearby Long Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,022
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,180,440 $1.2M
Cap Rate 7%
$843,171 $843.2K
Cap Rate 9%
$655,800 $655.8K
Market Conditions
NOI Build-Up for 3,672 SF
Gross rent
$88.6K $24.12/SF
− Vacancy
−$4.3K −$1.16/SF
EGI
$84.3K $22.96/SF
− OpEx
−$25.3K −$6.89/SF
NOI
$59.0K $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%
$1,180,440
Cap Rate 7%
$843,171
Cap Rate 9%
$655,800

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. How Realmo checks its estimates

Property Analytics

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

Current Use

Retail space

Lease Details

9,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Fort Worth

Jul
Aug
Sep
Oct

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?
Retail space - The existing neighborhood-commercial zoning accommodates retail, service, office, food-service, and other community-oriented uses.
Where is this retail space located?
The property is located at 2718 azle Street 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: E and ER Neighborhood Commercial zoning; Building‑height allowance up to 45 feet; Approximately 9,500 vehicles per day on Azle Avenue and 14,000 per day on nearby Long Avenue
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