Flexible Medical Office and Therapy
4040 8th Avenue Fort Worth, TX 76110
New
4040 8th Avenue, Fort Worth, TX, 76110
$995,000
For Sale
$995,000
Former childcare facility with multiple rooms, office areas, kitchen, restrooms, and an outdoor area.
Property Size4,860 SF
Price / SF$204.73
Days on Market2
Property Features for 4040 8th Avenue
General Information
- Standard status
- Active
- Size
- 4,860 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1972
Listing Agency
Tidwell & Ellis RealEstate Srv
(817) 600-3622
Listed by
Richard Odom · License #0638228
(817) 600-3622
Source
Signaturere
Added: Jul 16 Checked: Jul 17 at 2:07 am
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 Tidwell & Ellis RealEstate Srv
Investment Insights
Based on property information with market context.
This property is a single commercial building originally utilized as a childcare facility, offering a flexible interior layout for a range of office- and service-oriented uses. The space includes multiple rooms, office areas, a kitchen space, restrooms, and an outdoor area, providing an adaptable configuration for owner-users or investors.
Located at 4040 8th Avenue in Fort Worth, it is positioned near the Medical District and near Southside, with convenient access to the broader downtown and employment areas.
As improved, the building provides immediate functionality through its existing room and office configuration, supporting potential repositioning or leasing strategies subject to applicable approvals and zoning.
Located at 4040 8th Avenue in Fort Worth, it is positioned near the Medical District and near Southside, with convenient access to the broader downtown and employment areas.
As improved, the building provides immediate functionality through its existing room and office configuration, supporting potential repositioning or leasing strategies subject to applicable approvals and zoning.
Key Highlights
- Approx. 4,860 SF commercial building at 4040 8th Ave, Fort Worth, TX 76110
- Former childcare facility layout with multiple rooms, office areas, kitchen space, and restrooms
- Outdoor area included
Local Financial Insights For Office B
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 | $145.8k | $30.00 |
| − Vacancy | −$32.8k | −$6.75 |
| EGI | $113.0k | $23.25 |
| − OpEx | −$28.2k | −$5.81 |
| NOI | $84.7k | $17.44 |
4,860 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,746 @ 7.0% cap · market cap 8.52%
Second Best
Healthcare Medical
$1.01M
$885.7K – $1.18M
NOI $70,859 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.77M
$1.54M – $2.06M
NOI $123,580 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Day care centers
Similar For Sale Nearby
Similar Off Market Nearby
- Kyndall Care Daycare — 4037 McCart Ave, Fort Worth, TX 76110
- Super Kids Seminary — 520 W Seminary Dr, Fort Worth, TX 76115
- Daisy School LLC — 3443 McCart Ave, Fort Worth, TX 76110
- Fort Worth Safari Daycare — 4113 Merida Ave, Fort Worth, TX 76115
- Naylor Children's Center — 4520 Frazier Ave, Fort Worth, TX 76115
FAQs
What type of property is this?
Day care center - Former childcare facility with multiple rooms, office areas, kitchen, restrooms, and an outdoor area.
Where is this day care center located?
The property is located at 4040 8th Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Approx. 4,860 SF commercial building at 4040 8th Ave, Fort Worth, TX 76110; Former childcare facility layout with multiple rooms, office areas, kitchen space, and restrooms; Outdoor area included
