Freestanding Retail Showroom
5149 River Oaks Boulevard River Oaks, TX 76114
New
5149 River Oaks Boulevard, River Oaks, TX, 76114
$849,000
For Sale
$849,000
Freestanding building on a hard corner with a flexible commercial layout and ample on-site parking.
Property Size3,817 SF
Lot Size0.46 Acres
Price / SF$222.43
Days on Market3
Property Features for 5149 River Oaks Boulevard
General Information
- Standard status
- Active
- Size
- 3,817 SF
- Lot size
- 0.46 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1938
Listing agency
Tidwell & Ellis RealEstate Srv
(817) 600-3622
Listed by
Richard Odom · License #0638228
Source
Nilesrealtygroup
Added: Jul 20 Updated: Jul 21 at 8:22PM Checked: Jul 22 at 5:07AM
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.
Freestanding commercial building totaling 3,817+- SF, positioned on approximately 0.459 acres at a prominent hard corner. The layout is described as flexible, with the ability to support a range of commercial uses, including professional office, medical, retail, service-based businesses, showroom, or specialty commercial applications, subject to local zoning and municipal approval.
The property is located at 5149 River Oaks Boulevard in River Oaks, offering strong street frontage and visibility along with easy access. It includes ample on-site parking and convenient connectivity to major thoroughfares, with access to Downtown Fort Worth, Lake Worth, and surrounding communities.
For buyers, this offering is presented as suitable for either an owner-user or an investor, with the tenant/usage fit and all specifics—such as zoning, permitted uses, square footage, taxes, and measurements—to be verified by the buyer and buyer’s agent.
The property is located at 5149 River Oaks Boulevard in River Oaks, offering strong street frontage and visibility along with easy access. It includes ample on-site parking and convenient connectivity to major thoroughfares, with access to Downtown Fort Worth, Lake Worth, and surrounding communities.
For buyers, this offering is presented as suitable for either an owner-user or an investor, with the tenant/usage fit and all specifics—such as zoning, permitted uses, square footage, taxes, and measurements—to be verified by the buyer and buyer’s agent.
Key Highlights
- Freestanding commercial building, 3,817+- SF, built in 1938
- Approximately 0.459‑acre corner lot with hard‑corner frontage
- Flexible commercial layout suited to a variety of uses (subject to zoning and municipal approval)
Local Financial Insights For Retail
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 | $95.3k | $24.96 |
| − Vacancy | −$4.8k | −$1.25 |
| EGI | $90.5k | $23.71 |
| − OpEx | −$27.2k | −$7.11 |
| NOI | $63.4k | $16.60 |
3,817 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$905.1K
$792.0K – $1.06M
NOI $63,356 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,990 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Freestanding building on a hard corner with a flexible commercial layout and ample on-site parking.
Where is this retail space located?
The property is located at 5149 River Oaks Boulevard River Oaks, TX.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Freestanding commercial building, 3,817+- SF, built in 1938; Approximately 0.459‑acre corner lot with hard‑corner frontage; Flexible commercial layout suited to a variety of uses (subject to zoning and municipal approval)
