High-Capacity Restaurant with
For Sale
Contact for pricing
3233 Hemphill St, Fort Worth, TX 76110
Flexible dining property with private rooms, a commercial kitchen, coffee station, and food-service support areas.
Property Size6,821 SF
Price / SF$183.26
Days on Market190
Property Features for 3233 Hemphill St
General Information
Standard status
Active
Size
6,821 SF
Property subtype
Retail
Zoning
E
Investment Type
Owner/User
Restaurant
Seating Capacity
300
Grease Trap
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Amenities
private dining rooms
tortilla room
full-service bar area
coffee station
outdoor refrigeration and freezer units
Building Details
Year Built
1954
Buildings
2
Stories
1
Listing Agency:
Mercado Realty Group
Listed By:
Abraham Mercado · License #0726890
(682) 551-8954
Source:
Crexi
Added: Apr 9
Changed: Sep 30
Last Checked: Oct 14 at 9:11PM
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 Mercado Realty Group
Investment Insights
Based on property information with market context.
The restaurant encompasses 6,821 square feet and includes multiple private dining rooms, a full-service bar, a separate coffee station, and a dedicated tortilla room. Its commercial kitchen is equipped with grease traps and food-production infrastructure suited to high-volume service. Seating accommodates up to 300 guests, while furniture, fixtures, and equipment are included with the sale.
An additional approximately 900-square-foot structure provides space for storage, offices, preparation, or operational expansion. Outdoor refrigeration and freezer units add further support for inventory and food-service needs. The property is located at 3233 Hemphill St in Fort Worth, Texas, and was built in 1954.
An additional approximately 900-square-foot structure provides space for storage, offices, preparation, or operational expansion. Outdoor refrigeration and freezer units add further support for inventory and food-service needs. The property is located at 3233 Hemphill St in Fort Worth, Texas, and was built in 1954.
Key Highlights
- 6,821‑square‑foot restaurant with seating for up to 300 guests
- Multiple private dining rooms for events, celebrations, and corporate functions
- Commercial kitchen with grease traps and large‑scale food‑production infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,038
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,760
$860.8K
Cap Rate 7%
$614,829
$614.8K
Cap Rate 9%
$478,200
$478.2K
Market Conditions
NOI Build-Up for 6,821 SF
Gross rent
$67.9K $9.96/SF
− Vacancy
−$6.5K −$0.95/SF
EGI
$61.5K $9.01/SF
− OpEx
−$18.4K −$2.70/SF
NOI
$43.0K $6.31/SF
Area
Fort Worth, TX
Vacancy
9.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,760
Cap Rate 7%
$614,829
Cap Rate 9%
$478,200
Alternative Uses
Best Use
Specialty Retail
$1.68M
$1.47M – $1.96M
NOI $117,469 @ 7.0% cap · market cap 9.40%
Second Best
Industrial
$614.8K
$538.0K – $717.3K
NOI $43,038 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,444 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76110, TX
29,858
Population
12,497
Households
2.4
Avg Household Size
33
Median Age
29%
College-Educated
68%
High-School Grad
5.7 sq mi
ZIP Area
5,238
Density / Sq Mi
$68,435
Median Household Income
$36,262
Median Earnings
$1,255
Median Rent
$239,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Flexible dining property with private rooms, a commercial kitchen, coffee station, and food-service support areas.
Where is this conventional restaurant located?
The property is located at 3233 Hemphill St Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6,821‑square‑foot restaurant with seating for up to 300 guests; Multiple private dining rooms for events, celebrations, and corporate functions; Commercial kitchen with grease traps and large‑scale food‑production infrastructure
