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    Adjacent Vacant Lots Investment Package Title is generated by Realmo AI

    5412 Ramey Avenue, Fort Worth, TX 76105

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    Claim this Listing
    For Sale
    $250,000

    LAND - Fort Worth, TX

    Lot size:
    2.22 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    43
    Last Refresh:
    Jun 3 at 10:06 pm

    Property Features for 5412 Ramey Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04698703
    Lot size
    2.22 Acres

    Taxes and HOA fees

    Tax Description
    ST CLAIR, JOHN Q SURVEY ABSTRACT 1914 TRACT 1K & A
    Tax Annual Amount
    5231

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Number of units
    3

    We can help!

    Listing Contact
    Martha Cao
    Martha Cao

    Listing agent Martha Cao License #0501784

    Listing office The Cao Realty Group Fort Worth, TX

    Listing date Apr 22, 2026

    MLS# 21219189

    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.

    HighLights

    • Sale includes 5408, 5410, and 5412 Ramey Avenue for a total 2.22 acres (96,619 SF) of adjacent vacant lots.
    • Public water and public sewer available.
    • 5408 & 5412 Ramey Ave are zoned E Neighborhood Commercial for uses including beauty/barber shops, bookstores, drug stores, studios, offices, public/civic uses, health care, retail, banks, restaurants, and gasoline sales.
    • 5408 & 5412 zoning also allows bakeries and alcohol sales for off‑premise consumption and as part of food service.
    • 5410 Ramey Ave is zoned ER Neighborhood Commercial.
    • Located in an established neighborhood across from Dunbar High School with access to Loop 820, US Hwy 287, I‑30, and I‑20.

    Overview

    This sale includes three adjacent vacant lots, offered together as a single package with addresses 5408, 5410, and 5412 Ramey Avenue. The combined total is 2.22 acres (96,619 square feet), with each parcel positioned to support separate or coordinated development plans. Utilities are reported as nearby, and the buyer should verify availability for site planning and construction.

    The property is located in an established area of Fort Worth, directly across from Dunbar High School. Access is described as convenient to Loop 820, US Highway 287, I-30, and I-20, supporting connectivity for future development and tenant access. Nearby shopping, dining, and everyday amenities are noted as available in the surrounding area.

    From a development and investment standpoint, the multi-lot configuration is designed for flexibility. Two parcels, 5408 and 5412 Ramey Avenue, are zoned E Neighborhood Commercial, which allows for a broad range of neighborhood-serving uses, including retail sales, offices, health care, restaurants, banks, and certain civic and public uses. The third parcel, 5410 Ramey Avenue, is zoned ER Neighborhood Commercial. For investors and builders, this mix of zoning and frontage potential can support income-producing properties now or a future hold strategy, depending on market timing and project selection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.238925
    Latitude
    32.719665

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    FAQs

    What type of property is this?
    Commercial land - Three side-by-side vacant lots offer multi-parcel flexibility for buyers and developers seeking neighborhood commercial opportunities.
    Where is this commercial land located?
    The property is located at 5412 Ramey Avenue Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Sale includes 5408, 5410, and 5412 Ramey Avenue for a total 2.22 acres (96,619 SF) of adjacent vacant lots.; Public water and public sewer available.; 5408 & 5412 Ramey Ave are zoned E Neighborhood Commercial for uses including beauty/barber shops, bookstores, drug stores, studios, offices, public/civic uses, health care, retail, banks, restaurants, and gasoline sales.
    (817) 896-0243
    We can help!
    Listing Contact
    Martha Cao
    Martha Cao
    Real Estate License ID: 0501784
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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