Office Units with Second-Floor
New
For Sale
$999,995
5748 Boat Club Road, Fort Worth, TX 76179
Commercial office units with private rooms, shared meeting areas, and reserved and open parking.
Property Size2,750 SF
Price / SF$334.45
Days on Market3
Property Features for 5748 Boat Club Road
General Information
Standard status
Active
Size
2,750 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
private offices
reception-waiting area
board room
storage
functional common areas
Building Details
Building Size
2,750 SF
Year Built
2007
Buildings
1
Stories
2
Units
1
Listing Agency:
BHHS Premier Properties
(817) 808-0179
Listed By:
Jennifer Franke · License #0620184
(817) 808-0179
Source:
Fullhouserealtytx
Added: Aug 17
Changed: Aug 18
Last Checked: Aug 18 at 3:41PM
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 contains approximately 2,990 SF, including approximately 2,250 SF of finished office or retail space and a bonus second-floor office or call center area. The interior includes several private offices, a reception and waiting area, board room, storage, and common areas. Reserved and open parking are available on site.
Built in 2007, the property carries Commercial zoning and is positioned along Boat Club Road east of Lake Worth and the Fort Worth Nature Preserve. Loop 820 is approximately six minutes away. Nearby businesses include Hideaway Day Spa & Salon, J Caldwell Custom Pools, Boo Ray's Restaurant, O'Reilly Auto Parts, and CVS, creating a setting with established retail, service, and professional uses.
Built in 2007, the property carries Commercial zoning and is positioned along Boat Club Road east of Lake Worth and the Fort Worth Nature Preserve. Loop 820 is approximately six minutes away. Nearby businesses include Hideaway Day Spa & Salon, J Caldwell Custom Pools, Boo Ray's Restaurant, O'Reilly Auto Parts, and CVS, creating a setting with established retail, service, and professional uses.
Key Highlights
- Approximately 2,990 SF commercial condo building
- Approximately 2,250 SF of finished office or retail space
- Bonus second‑floor office or call center area
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
$47,227
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
4.72%
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%
$944,540
$944.5K
Cap Rate 7%
$674,671
$674.7K
Cap Rate 9%
$524,744
$524.7K
Market Conditions
NOI Build-Up for 2,990 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
$80.7K $27.00/SF
− Vacancy
−$17.8K −$5.94/SF
EGI
$63.0K $21.06/SF
− OpEx
−$15.7K −$5.27/SF
NOI
$47.2K $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%
$944,540
Cap Rate 7%
$674,671
Cap Rate 9%
$524,744
Alternative Uses
Best Use
Office B
$674.7K
$590.3K – $787.1K
NOI $47,227 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.57M
$3.12M – $4.16M
NOI $249,786 @ 7.0% cap · market cap 24.98%
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
251
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 office units with private rooms, shared meeting areas, and reserved and open parking.
Where is this office units located?
The property is located at 5748 Boat Club Road 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: Approximately 2,990 SF commercial condo building; Approximately 2,250 SF of finished office or retail space; Bonus second‑floor office or call center area
