Freestanding Commercial Corner Building

5149 River Oaks Boulevard River Oaks, TX 76114

Claim this Listing
New
For Sale
$849,000

SINGLE_FAMILY - River Oaks, TX

Type:Retail
Property size:
3,817 SF
Lot size:
0.46 Acres
Price / SF:
$222/SF
Added:
Jul 7, 2026
Days on Market:
4
Last Refresh:
Jul 10 at 5:06 am

Property Features for 5149 River Oaks Boulevard

General Information

Property type
Residential
Property subtype
Retail
Parking features
Parking Lot
Standard status
Active
APN
00940763
Lot size
0.46 Acres

Taxes and HOA fees

Tax Description
FOREST ACRES ADDITION LOT 6A & 42270 BLK LOT
Tax Annual Amount
4106

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1938
Floors in Building
1
Number of units
3
Flooring type
Concrete
Building materials
Block
Roof type
Mixed, Metal

Listing agent Richard Odom License #0638228

Listing office Tidwell & Ellis RealEstate Srv Benbrook, TX

Listing date Jul 7, 2026

MLS# 21322964

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.


Investment Insights

Based on property information with market context.

This freestanding commercial building totals 3,817+/- SF and sits on an approximately 0.459-acre corner lot described as a prominent hard corner. The space is laid out to support a flexible commercial configuration, and the property includes ample on-site parking to serve employees and visitors. The offering is presented for potential owner-user or investment use, with tenant and user fit tied to local zoning and municipal approval.

The property is located at 5149 River Oaks Boulevard in River Oaks, within an established trade area that includes residential neighborhoods and local businesses. It is positioned to benefit from strong street frontage and visibility on the corner, with convenient access to major thoroughfares and routes that connect toward Downtown Fort Worth and Lake Worth.

For businesses seeking a high-profile, easy-to-access site, the building’s adaptable floor plan can support a range of commercial uses, including professional office, medical, retail, service-based businesses, showroom, and other specialty commercial applications, subject to zoning verification. Buyers and brokers are directed to confirm all details, including zoning, permitted uses, square footage, taxes, and measurements.

Key Highlights

  • Freestanding 3,817+/- SF commercial building with flexible layout for a range of commercial uses (subject to local zoning/approval)
  • Approx. 0.459‑acre hard‑corner lot at 5149 River Oaks Blvd, providing strong traffic exposure
  • Ample on‑site parking with parking lot configuration

Local Financial Insights For Office B

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 $117.3k $30.72
− Vacancy −$29.3k −$7.68
EGI $87.9k $23.04
− OpEx −$22.0k −$5.76
NOI $66.0k $17.28
3,817 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$942.3K
$824.5K – $1.10M (±1% cap)
NOI $65,958 @ 7.0% cap · market cap 7.77%
Second Best
Healthcare Medical
$934.4K
$817.6K – $1.09M (±1% cap)
NOI $65,408 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M (±1% cap)
NOI $93,990 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Dental Office Kitchen & Bath Showroom Pharmacy Auto Parts Store Storage Facility

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

FAQs

What type of property is this?
Retail space - Flexible freestanding building with ample parking and strong hard-corner visibility for office, medical, retail, or showroom use.
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 3,817+/- SF commercial building with flexible layout for a range of commercial uses (subject to local zoning/approval); Approx. 0.459‑acre hard‑corner lot at 5149 River Oaks Blvd, providing strong traffic exposure; Ample on‑site parking with parking lot configuration
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