Calloway Center Shopping
For Sale
Contact for pricing
5932-5952 River Oaks Blvd, Fort Worth, TX 76114
The center is zoned E Commercial and located near TX-183 and Loop 820.
Property Size12,047 SF
Price / SF$178.47
Days on Market65
Property Features for 5932-5952 River Oaks Blvd
General Information
Standard status
Active
Size
12,047 SF
Class
B
Property subtype
Retail
Zoning
"E" Commercial
Occupancy
85%
Lease Type
NN
Investment Type
Value Add
Net Operating Income
$121,988
Additional Details
Road Access
Yes
Building Details
Year Built
1986
Buildings
1
Units
7
Tenancy
Multi
Listing Agency:
SVN | Trinity Advisors
(817) 288-5525
Listed By:
James Blake · License #TX 340987
Source:
Crexi
Added: Jun 28
Changed: Aug 31
Last Checked: Aug 30 at 10:52PM
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 SVN | Trinity Advisors
Investment Insights
Based on property information with market context.
Calloway Center is a shopping center at 5932-5952 River Oaks Blvd in Fort Worth. The property was built in 1986 and carries E Commercial zoning.
The center is positioned along River Oaks Blvd, northwest of downtown Fort Worth, with nearby access to TX-183 and Loop 820. Surrounding context includes established residential neighborhoods, local businesses, and neighborhood-serving retail. The property contains 12,047 of reported property size.
The center is positioned along River Oaks Blvd, northwest of downtown Fort Worth, with nearby access to TX-183 and Loop 820. Surrounding context includes established residential neighborhoods, local businesses, and neighborhood-serving retail. The property contains 12,047 of reported property size.
Key Highlights
- 12,047 reported property size
- E Commercial zoning
- Located at 5932‑5952 River Oaks Blvd, Fort Worth, TX
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
$193,638
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
9.01%
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%
$3,872,760
$3.9M
Cap Rate 7%
$2,766,257
$2.8M
Cap Rate 9%
$2,151,533
$2.2M
Market Conditions
NOI Build-Up for 12,047 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
$290.6K $24.12/SF
− Vacancy
−$13.9K −$1.16/SF
EGI
$276.6K $22.96/SF
− OpEx
−$83.0K −$6.89/SF
NOI
$193.6K $16.07/SF
Area
Fort Worth, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
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%
$3,872,760
Cap Rate 7%
$2,766,257
Cap Rate 9%
$2,151,533
Alternative Uses
Best Use
Retail
$2.77M
$2.42M – $3.23M
NOI $193,638 @ 7.0% cap · market cap 9.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.38M
$3.83M – $5.11M
NOI $306,331 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - The center is zoned E Commercial and located near TX-183 and Loop 820.
Where is this shopping center located?
The property is located at 5932-5952 River Oaks Blvd Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 12,047 reported property size; E Commercial zoning; Located at 5932‑5952 River Oaks Blvd, Fort Worth, TX
