Retail Space with Highway
For Sale
Contact for pricing
3900 Hemphill Street, Fort Worth, TX 76110
Retail space with E & R zoning and convenient connections to I-35W and I-20.
Property Size10,005 SF
Price / SF$289.86
Days on Market64
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Property Features for 3900 Hemphill Street
General Information
Standard status
Active
Size
10,005 SF
Property subtype
Retail
Zoning
E & R
Lease Type
NNN
Additional Details
Highway Access
Yes
Listing Agency:
LanCarte Commercial
Listed By:
Brittany Doyle · License #619862-B
(806) 206-0290
Source:
Crexi
Added: Aug 13
Changed: Oct 3
Last Checked: Oct 14 at 9:27PM
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 LanCarte Commercial
Investment Insights
Based on property information with market context.
This retail property is located at 3900 Hemphill Street in Fort Worth and carries E & R zoning. Its position along Hemphill Street places the space within an established commercial corridor with both residential and commercial development nearby.
Access to I-35W and I-20 supports connectivity to downtown Fort Worth and surrounding areas. The surrounding mix of uses provides a retail setting integrated with an active community environment.
Access to I-35W and I-20 supports connectivity to downtown Fort Worth and surrounding areas. The surrounding mix of uses provides a retail setting integrated with an active community environment.
Key Highlights
- E & R zoning
- 3900 Hemphill Street address in Fort Worth, TX 76110
- Access to I‑35W and I‑20
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,816
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,216,320
$3.2M
Cap Rate 7%
$2,297,371
$2.3M
Cap Rate 9%
$1,786,844
$1.8M
Market Conditions
NOI Build-Up for 10,005 SF
Gross rent
$241.3K $24.12/SF
− Vacancy
−$11.6K −$1.16/SF
EGI
$229.7K $22.96/SF
− OpEx
−$68.9K −$6.89/SF
NOI
$160.8K $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%
$3,216,320
Cap Rate 7%
$2,297,371
Cap Rate 9%
$1,786,844
Alternative Uses
Best Use
Retail
$2.30M
$2.01M – $2.68M
NOI $160,816 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.63M
$3.18M – $4.24M
NOI $254,407 @ 7.0% cap · market cap 8.77%
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
Highway access
Location Intelligence
Trade Area within ½ mile
1,096
Businesses Nearby
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with E & R zoning and convenient connections to I-35W and I-20.
Where is this retail space located?
The property is located at 3900 Hemphill Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: E & R zoning; 3900 Hemphill Street address in Fort Worth, TX 76110; Access to I‑35W and I‑20
