Commercial Land for
For Sale
$279,000
5025 E Lancaster Avenue, Fort Worth, TX 76103
Leasing site with prime frontage on E. Lancaster Avenue and ample space for parking and outdoor operations.
Property Size1,158 SF
Price / SF$240.93
Days on Market89
Property Features for 5025 E Lancaster Avenue
General Information
Standard status
Active
Size
1,158 SF
Property subtype
Business
Site & Location
Neighborhood
Central Meadowbrook
Building Details
Year Built
1921
Listing Agency:
HP Commercial LLC
(817) 781-9803
Listed By:
Heather Phillips · License #0662947
(972) 897-0562
Source:
Lonestarluxuryrealty
Added: Jul 29
Changed: Oct 2
Last Checked: Oct 24 at 5:28PM
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 HP Commercial LLC
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Investment Insights
Based on property information with market context.
Commercial land available for lease at 5025 E Lancaster Avenue, Fort Worth, TX 76103, offering 0.55 acres of flexible space along a high-traffic corridor. The site is described as providing prime frontage on E. Lancaster Ave with strong visibility and convenient access to major roadways and surrounding neighborhoods.
The property is positioned to support a range of commercial activities, including parking and outdoor operations, with options for redevelopment where desired. The available use is presented as flexible for retail, office, or service-based users, subject to zoning.
The property also notes a year built of 1921, which may be relevant for buyers or tenants evaluating existing improvements and site considerations.
The property is positioned to support a range of commercial activities, including parking and outdoor operations, with options for redevelopment where desired. The available use is presented as flexible for retail, office, or service-based users, subject to zoning.
The property also notes a year built of 1921, which may be relevant for buyers or tenants evaluating existing improvements and site considerations.
Key Highlights
- 0.55 acres available for lease
- Prime frontage along E. Lancaster Ave
- High‑traffic corridor with strong visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,193
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,860
$403.9K
Cap Rate 7%
$288,471
$288.5K
Cap Rate 9%
$224,367
$224.4K
Market Conditions
NOI Build-Up for 1,158 SF
Gross rent
$34.7K $30.00/SF
− Vacancy
−$7.8K −$6.75/SF
EGI
$26.9K $23.25/SF
− OpEx
−$6.7K −$5.81/SF
NOI
$20.2K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,860
Cap Rate 7%
$288,471
Cap Rate 9%
$224,367
Alternative Uses
Best Use
Office B
$288.5K
$252.4K – $336.6K
NOI $20,193 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$420.7K
$368.1K – $490.8K
NOI $29,446 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
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Business Placement
Demographics for 76103, TX
15,394
Population
6,040
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
69%
High-School Grad
6.1 sq mi
ZIP Area
2,524
Density / Sq Mi
$55,183
Median Household Income
$32,931
Median Earnings
$1,119
Median Rent
$186,300
Median Home Value
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Market
Vacancy Rate% for Office in Fort Worth, TX
Frequently Asked Questions
What type of property is this?
Commercial land - Leasing site with prime frontage on E. Lancaster Avenue and ample space for parking and outdoor operations.
Where is this commercial land located?
The property is located at 5025 E Lancaster Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 0.55 acres available for lease; Prime frontage along E. Lancaster Ave; High‑traffic corridor with strong visibility
