Office Units with Private
For Sale
$999,995
5748 Boat Club Rd, Fort Worth, TX 76179
Commercial condo layout includes reception, board room, storage, and reserved and open parking.
Property Size2,750 SF
Price / SF$363.63
Days on Market17
Property Features for 5748 Boat Club Rd
General Information
Standard status
Active
Size
2,750 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
private offices
reception-waiting area
board room
storage
functional common areas
reserved parking
open parking
Building Details
Year Built
2007
Buildings
1
Listing Agency:
BHHS Premier Properties
(817) 806-4100
Listed By:
Jennifer Franke · License #0620184
Source:
Heritance
Added: Aug 12
Changed: Aug 28
Last Checked: Aug 25 at 4:50AM
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 BHHS Premier Properties
Investment Insights
Based on property information with market context.
This commercial condo building, completed in 2007, is configured for professional office use with multiple private offices, a reception and waiting area, board room, storage, and shared functional areas. A second-floor bonus area provides additional office or call center space. The property has most recently accommodated a counseling center and financial advisor, reflecting a layout suited to service-oriented users.
Positioned on Boat Club Road east of Lake Worth and the Fort Worth Nature Preserve, the property is approximately six minutes from Loop 820. The surrounding commercial corridor includes established retail, service, and professional businesses, with nearby names including CVS, O’Reilly Auto Parts, Boo Ray’s Restaurant, Hideaway Day Spa & Salon, and J Caldwell Custom Pools. Parking includes reserved and open spaces.
Positioned on Boat Club Road east of Lake Worth and the Fort Worth Nature Preserve, the property is approximately six minutes from Loop 820. The surrounding commercial corridor includes established retail, service, and professional businesses, with nearby names including CVS, O’Reilly Auto Parts, Boo Ray’s Restaurant, Hideaway Day Spa & Salon, and J Caldwell Custom Pools. Parking includes reserved and open spaces.
Key Highlights
- Office condo completed in 2007
- Several private offices with reception and waiting area
- Board room, storage, and functional common areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,436
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,720
$868.7K
Cap Rate 7%
$620,514
$620.5K
Cap Rate 9%
$482,622
$482.6K
Market Conditions
NOI Build-Up for 2,750 SF
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.
Gross rent
$74.3K $27.00/SF
− Vacancy
−$16.3K −$5.94/SF
EGI
$57.9K $21.06/SF
− OpEx
−$14.5K −$5.27/SF
NOI
$43.4K $15.80/SF
Area
ZIP 76179
Vacancy
22.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,720
Cap Rate 7%
$620,514
Cap Rate 9%
$482,622
Alternative Uses
Best Use
Office B
$620.5K
$543.0K – $723.9K
NOI $43,436 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.28M
$2.87M – $3.83M
NOI $229,737 @ 7.0% cap · market cap 22.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 76179, TX
68,333
Population
26,227
Households
2.6
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
51.9 sq mi
ZIP Area
1,317
Density / Sq Mi
$108,428
Median Household Income
$53,878
Median Earnings
$1,840
Median Rent
$299,300
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial condo layout includes reception, board room, storage, and reserved and open parking.
Where is this office units located?
The property is located at 5748 Boat Club Rd Fort Worth, TX.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: Office condo completed in 2007; Several private offices with reception and waiting area; Board room, storage, and functional common areas
