Historic Retail Building with French
For Sale
$135,000
6517 E Lancaster Avenue, Fort Worth, TX 76112
Historic retail building offering a large open area with French doors for flexible partitioning.
Property Size720 SF
Price / SF$187.50
Days on Market68
Property Features for 6517 E Lancaster Avenue
General Information
Standard status
Active
Size
720 SF
Property subtype
Retail
Building Details
Year Built
1935
Listing Agency:
(817) 475-5117
Listed By:
League Real Estate
(817) 475-5117
Source:
Xome
Added: May 31
Changed: Jul 10
Last Checked: Aug 5 at 1:51PM
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 League Real Estate
Investment Insights
Based on property information with market context.
This historic retail building features a large, open interior that can be configured as one space or separated into multiple areas. Central French doors provide a clear divider option, supporting different uses within the same footprint. The property also includes a remodeled bathroom, adding a refreshed finishing touch for day-to-day operations.
Located at 6517 E Lancaster Avenue in Fort Worth, the building is close to 820 and offers a short drive to both Downtown Fort Worth and Downtown Dallas. That convenient regional access can be useful for retailers or services seeking customers from multiple directions.
With an open layout and the ability to split the interior using the French doors, the space may fit tenants that need flexible floor planning, such as retail merchandising with adaptable rooming, or service-focused operations that benefit from separate zones. The remodeled bathroom supports more functional customer and staff use, while the overall configuration lends itself to straightforward build-outs that align with a tenant’s specific needs.
Located at 6517 E Lancaster Avenue in Fort Worth, the building is close to 820 and offers a short drive to both Downtown Fort Worth and Downtown Dallas. That convenient regional access can be useful for retailers or services seeking customers from multiple directions.
With an open layout and the ability to split the interior using the French doors, the space may fit tenants that need flexible floor planning, such as retail merchandising with adaptable rooming, or service-focused operations that benefit from separate zones. The remodeled bathroom supports more functional customer and staff use, while the overall configuration lends itself to straightforward build-outs that align with a tenant’s specific needs.
Key Highlights
- Historic retail building built in 1935
- Large open interior with French doors in the middle for flexible partitioning
- Central air conditioning
Financial Insights For Retail
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 | $17.4k | $24.12 |
| − Vacancy | −$834 | −$1.16 |
| EGI | $16.5k | $22.96 |
| − OpEx | −$5.0k | −$6.89 |
| NOI | $11.6k | $16.07 |
720 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$165.3K
$144.7K – $192.9K
NOI $11,573 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.5K
$228.9K – $305.1K
NOI $18,308 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
979
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
First Cash Pawn
Shops & Services
979 visits/mo
0.1 miles
Demographics for 76112, TX
43,132
Population
19,077
Households
2.3
Avg Household Size
35
Median Age
21%
College-Educated
84%
High-School Grad
11.3 sq mi
ZIP Area
3,817
Density / Sq Mi
$56,179
Median Household Income
$35,543
Median Earnings
$1,215
Median Rent
$207,100
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?
Retail space - Historic retail building offering a large open area with French doors for flexible partitioning.
Where is this retail space located?
The property is located at 6517 E Lancaster Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Historic retail building built in 1935; Large open interior with French doors in the middle for flexible partitioning; Central air conditioning
