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    Brand-New Front-Facing Retail Shell Title is generated by Realmo AI

    4550 BASSWOOD Boulevard, Fort Worth, TX 76137

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    For Lease
    $23 SF/Yr $19,354/Mo (calc)

    COMMERCIAL - Fort Worth, TX

    Type:Retail
    Property size:
    10,098 SF
    Lot size:
    1.53 Acres
    Added:
    Apr 16, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 3 at 12:06 am

    Property Features for 4550 BASSWOOD Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    04898583
    Size
    10,098 SF
    Lot size
    1.53 Acres

    Taxes and HOA fees

    Tax Description
    SUMMERFIELDS AMENITIES ADDN BLOCK 1 LOT 1

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2022
    Floors in Building
    1
    Number of units
    1

    We can help!

    Listing Contact
    Prabin Maharjan

    Listing agent Prabin Maharjan License #0671318

    Listing office Hamro Realty Company Irving, TX

    Listing date Apr 16, 2026

    MLS# 20655902

    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.

    HighLights

    • Brand new construction retail building, year built 2022
    • Lease space available: 1,250 SF with tenant improvements available
    • NNN lease rate of $23.00 SF‑YR, term negotiable
    • Space available now; front‑facing retail with access close to a busy intersection in North Fort Worth
    • Heating: central; cooling: central air with electric cooling

    Overview

    This brand-new retail building is offered as shell space with tenant improvements available. The available lease space is approximately 1,250 square feet, with terms that are negotiable. The space is available now, giving retailers an opportunity to build out to their specifications while benefiting from a new construction foundation.

    The building is front-facing, designed for visibility and convenient access near a busy intersection in North Fort Worth. The surrounding area is characterized by dense retail development, creating a commercial environment where shoppers already expect to find retail destinations.

    This offering is well-suited for businesses looking for a modern retail presence without taking on the timing and uncertainty of new construction. With tenant improvements available, operators can plan a buildout to match their concept while leveraging the property’s front-facing exposure and straightforward access in a high-retail-density setting. Lease space is available immediately for qualified retailers ready to move forward.
    Property Profile Location Intelligence

    Current Use by Public Records

    Everest Convenience Store Grocery & Convenience Store Lilac Tattoo Studio ... Tattoo & Piercing Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.288085
    Latitude
    32.871186

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    FAQs

    What type of property is this?
    Retail space - New retail shell with strong visibility and access in a dense North Fort Worth retail corridor.
    Where is this retail space located?
    The property is located at 4550 BASSWOOD Boulevard Fort Worth, TX.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Brand new construction retail building, year built 2022; Lease space available: 1,250 SF with tenant improvements available; NNN lease rate of $23.00 SF‑YR, term negotiable
    (469) 688-1640
    We can help!
    Listing Contact
    Prabin Maharjan
    Real Estate License ID: 0671318
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    4550 BASSWOOD Boulevard, Fort Worth, TX 76137
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