Gas Station with Service
6705 Meadowbrook Drive Fort Worth, TX 76112
For Sale
$900,000
Gas station with service bays on 0.48 acres.
Property Size4,626 SF
Lot Size0.48 Acres
Price / SF$194.55
Days on Market97
Property Features for 6705 Meadowbrook Drive
General Information
- Standard status
- Active
- Size
- 4,626 SF
- Lot size
- 0.48 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing Agency:
Vision Commercial Real Estate
(817) 803-3287
Listed By:
Trenton Price · License #0000
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 25 at 2:55PM
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 Vision Commercial Real Estate
Investment Insights
Based on property information with market context.
This property features a 4,626 square foot building that includes a service station and five functional service bays. Constructed in 1965 and renovated in 2005, the property sits on 0.48 acres and is zoned PD. It includes three gas tanks, consisting of two 10,000-gallon tanks and one 12,000-gallon tank. The property also features a pole sign and operates as an Alon gas station.
Key Highlights
- Zoned PD (Planned Development)
- Includes a service station and 5 functional service bays
- Three Gas Tanks (two 10K and one 12K tank)
Financial Insights For Specialty 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 | $111.6k | $24.12 |
| − Vacancy | −$5.4k | −$1.16 |
| EGI | $106.2k | $22.96 |
| − OpEx | −$26.6k | −$5.74 |
| NOI | $79.7k | $17.22 |
4,626 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.14M
$995.8K – $1.33M
NOI $79,667 @ 7.0% cap · market cap 8.85%
Second Best
Retail
$1.06M
$929.5K – $1.24M
NOI $74,356 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,630 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alon Gas Station
Gas Station
Vo Automotive Service ...
Auto Repair Shop
FAQs
What type of property is this?
Gas station - Gas station with service bays on 0.48 acres.
Where is this gas station located?
The property is located at 6705 Meadowbrook Drive Fort Worth, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Zoned PD (Planned Development); Includes a service station and **5 functional service bays**; Three Gas Tanks (two 10K and one 12K tank)
