Multi-Use Retail and Service
For Sale
Contact for pricing
4925 NE 28th St, Haltom City, TX 76117
Flexible storefront space on a 0.21-acre lot with convenient highway access to the Fort Worth market.
Property Size1,041 SF
Lot Size0.21 Acres
Price / SF$408.26
Days on Market102
Property Features for 4925 NE 28th St
General Information
Standard status
Active
Size
1,041 SF
Lot size
0.21 Acres
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Listing Agency:
Team & Vasseur Commercial Real Estate
(817) 335-7575
Listed By:
Philip Samples · License #553590
(214) 586-8584
Source:
Moodyscre
Added: Jun 11
Changed: Sep 6
Last Checked: Sep 19 at 9:24AM
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
Investment Insights
Based on property information with market context.
4925 NE 28th Street is a multi-use commercial property designed to support a range of storefront and service-oriented operations. The offering includes approximately 600 square feet of space on a 0.21-acre lot, allowing for adaptable use as retail, automotive, office, or general service space depending on tenant needs.
The property is positioned in Haltom City with access to major highways and the greater Fort Worth market, supporting convenient customer and employee travel. It is situated within an established community where day-to-day convenience and visibility matter for local businesses.
For buyers or operators looking for a straightforward, adaptable location, this building offers a compact footprint for retail, automotive, office, or service use. Its small-lot configuration can be practical for businesses that want a dedicated site while maintaining flexibility in how the space is used. If you are evaluating locations for a neighborhood-serving concept or a service business, the combination of highway access and multi-use flexibility is a key consideration.
The property is positioned in Haltom City with access to major highways and the greater Fort Worth market, supporting convenient customer and employee travel. It is situated within an established community where day-to-day convenience and visibility matter for local businesses.
For buyers or operators looking for a straightforward, adaptable location, this building offers a compact footprint for retail, automotive, office, or service use. Its small-lot configuration can be practical for businesses that want a dedicated site while maintaining flexibility in how the space is used. If you are evaluating locations for a neighborhood-serving concept or a service business, the combination of highway access and multi-use flexibility is a key consideration.
Key Highlights
- Commercial property at 4925 NE 28th Street in Haltom City with convenient access to major highways and the Fort Worth market
- 0.21‑acre lot with approximately 600 SF of flexible storefront space for retail, automotive, office, or service use
- Suitable for a variety of business operations, including retail, automotive, office, or service businesses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,279
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$345,580
$345.6K
Cap Rate 7%
$246,843
$246.8K
Cap Rate 9%
$191,989
$192.0K
Market Conditions
NOI Build-Up for 1,041 SF
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.
Gross rent
$26.0K $24.96/SF
− Vacancy
−$1.3K −$1.25/SF
EGI
$24.7K $23.71/SF
− OpEx
−$7.4K −$7.11/SF
NOI
$17.3K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$345,580
Cap Rate 7%
$246,843
Cap Rate 9%
$191,989
Alternative Uses
Best Use
Retail
$246.8K
$216.0K – $288.0K
NOI $17,279 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.2K
$320.4K – $427.2K
NOI $25,634 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76117, TX
33,398
Population
12,793
Households
2.6
Avg Household Size
34
Median Age
12%
College-Educated
71%
High-School Grad
10.9 sq mi
ZIP Area
3,064
Density / Sq Mi
$49,041
Median Household Income
$34,111
Median Earnings
$1,205
Median Rent
$185,300
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?
Storefront property - Flexible storefront space on a 0.21-acre lot with convenient highway access to the Fort Worth market.
Where is this storefront property located?
The property is located at 4925 NE 28th St Haltom City, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Commercial property at 4925 NE 28th Street in Haltom City with convenient access to major highways and the Fort Worth market; 0.21‑acre lot with approximately 600 SF of flexible storefront space for retail, automotive, office, or service use; Suitable for a variety of business operations, including retail, automotive, office, or service businesses
