Freestanding Retail Showroom
For Sale
$849,000
5149 River Oaks Boulevard, River Oaks, TX 76114
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 Market95
Property Features for 5149 River Oaks Boulevard
General Information
Standard status
Active
Size
3,817 SF
Lot size
0.46 Acres
Property subtype
Retail
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,106
Building Details
Building Size
3,817 SF
Year Built
1938
Listing Agency:
Tidwell & Ellis RealEstate Srv
Listed By:
Richard Odom · License #0638228
(972) 596-3769
Source:
Nilesrealtygroup
Added: Jul 20
Changed: Oct 6
Last Checked: Oct 21 at 5:15AM
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
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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)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,356
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,267,120
$1.3M
Cap Rate 7%
$905,086
$905.1K
Cap Rate 9%
$703,956
$704.0K
Market Conditions
NOI Build-Up for 3,817 SF
Gross rent
$95.3K $24.96/SF
− Vacancy
−$4.8K −$1.25/SF
EGI
$90.5K $23.71/SF
− OpEx
−$27.2K −$7.11/SF
NOI
$63.4K $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 Rate 5%
$1,267,120
Cap Rate 7%
$905,086
Cap Rate 9%
$703,956
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 authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 76114, TX
26,676
Population
10,648
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
76%
High-School Grad
9.7 sq mi
ZIP Area
2,750
Density / Sq Mi
$61,055
Median Household Income
$40,145
Median Earnings
$1,231
Median Rent
$195,400
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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)
