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    Retail Space with Reserved Parking Title is generated by Realmo AI

    2927 Morton St, Fort Worth, TX

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    Retail space available near upcoming mixed-use development.

    Type:RETAIL
    Property size:
    5,000 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $260/SF
    Added:
    Apr 30, 2025
    Days on Market:
    408
    Last Refresh:
    May 20 at 8:31 pm

    Property Features for 2927 Morton St

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    0.15 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Bill Tinsley

    Listing agent Bill Tinsley

    Listing office Team & Vasseur Commercial Real Estate

    Listing date Apr 30, 2025

    Source Moodyscre

    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 Team & Vasseur Commercial Real Estate

    HighLights

    • 14 reserved parking spaces included.
    • Zoned MU2.
    • New Autograph Collection hotel one block away.
    • Mixed use development also located just one block away.

    Overview

    This retail space offers 5,000 square feet and includes 14 reserved parking spaces. The property is zoned MU2 and is located one block from a new Autograph Collection hotel and mixed-use development.

    Local Financial Insights For Mixed Use

    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 $165.0k $33.00
    − Vacancy −$19.8k −$3.96
    EGI $145.2k $29.04
    − OpEx −$54.5k −$10.89
    NOI $90.8k $18.15
    5,000 SF · lease $33.00/SF/yr · vacancy 12.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $1.30M
    $1.13M – $1.51M (±1% cap)
    NOI $90,750 @ 7.0% cap · market cap 6.98%
    Second Best
    Retail
    $1.15M
    $1.00M – $1.34M (±1% cap)
    NOI $80,368 @ 7.0% cap · market cap 6.18%
    Theoretical Best
    Office A
    $1.82M
    $1.59M – $2.12M (±1% cap)
    NOI $127,140 @ 7.0% cap · market cap 9.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Red Dog Studios ... Marketing & Advertising

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3594
    Latitude
    32.749

    FAQs

    What type of property is this?
    Retail space - Retail space available near upcoming mixed-use development.
    Where is this retail space located?
    The property is located at 2927 Morton St Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 14 reserved parking spaces included.; Zoned MU2.; New Autograph Collection hotel one block away.
    (817) 335-7575 Call to check price and availability
    More about this property
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