Corner Office Building with
For Sale
$399,000
6804 Telephone Road, Lake Worth, TX 76135
CommercialSale, Lake Worth, TX
Property Size2,000 SF
Lot Size0.53 Acres
Price / SF$199.50
Days on Market93
Property Features for 6804 Telephone Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Real commercial
Accessibility
Accessible Approach with Ramp
Subdivision
TOWNSEND, MOSES SURVEY ABSTRACT 1552 TRACT 2P
Lot features
Corner Lot, Few Trees
Directions
From 199 in Lake Worth, south on Telephone Rd., on the corner of Telephone Rd. and Merrett
Standard status
Active
APN
05249910
Size
2,000 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Description
TOWNSEND, MOSES SURVEY ABSTRACT 1552 TRACT 2P
Tax Annual Amount
7574
Legal Description
TOWNSEND, MOSES SURVEY ABSTRACT 1552 TRACT 2P
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Amenities
kitchen
file room
hidden room behind a bookcase
waiting area
Building Details
Year built
1940
Floors in Building
1
Number of units
1
Flooring type
Laminate, Carpet, Tile
Building materials
Block, Concrete
Roof type
Composition
Listing Agency:
Keller Williams Fort Worth · Keller Williams Realty
(817) 920-7700
Listed By:
Renee Kolar · License #0372434
(817) 237-9755
Added: Jul 7
Changed: Oct 1
Last Checked: Oct 7 at 5:06AM
MLS# 21246014
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,000-square-foot office property occupies a 0.534-acre corner lot in Lake Worth. The primary building includes multiple office areas, a bathroom, kitchen or kitchenette space, a file room, and a concealed room behind a bookcase. Tile, laminate, and carpet flooring are present, along with central electric heating and cooling. A detached building offers additional office potential and requires work, while a separate storage building provides onsite support space.
The property is positioned across from Lake Worth ISD schools and administration offices, with the courthouse, City Hall, restaurants, and other services within walking distance. Jacksboro Highway is one block away and carries approximately 50,000 vehicles daily. A private parking lot includes handicap-accessible parking, with additional street parking nearby. The site has public water and public sewer service, a composition roof, and an accessible approach with ramp.
The property is positioned across from Lake Worth ISD schools and administration offices, with the courthouse, City Hall, restaurants, and other services within walking distance. Jacksboro Highway is one block away and carries approximately 50,000 vehicles daily. A private parking lot includes handicap-accessible parking, with additional street parking nearby. The site has public water and public sewer service, a composition roof, and an accessible approach with ramp.
Key Highlights
- 2,000‑square‑foot office building on a 0.534‑acre corner lot
- Across from Lake Worth ISD schools and administration offices
- Detached building offers additional office potential; separate storage building included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,560
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,200
$691.2K
Cap Rate 7%
$493,714
$493.7K
Cap Rate 9%
$384,000
$384.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$61.4K $30.72/SF
− Vacancy
−$15.4K −$7.68/SF
EGI
$46.1K $23.04/SF
− OpEx
−$11.5K −$5.76/SF
NOI
$34.6K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,200
Cap Rate 7%
$493,714
Cap Rate 9%
$384,000
Alternative Uses
Best Use
Office B
$493.7K
$432.0K – $576.0K
NOI $34,560 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$703.5K
$615.6K – $820.8K
NOI $49,248 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 76135, TX
22,009
Population
8,148
Households
2.7
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
25.6 sq mi
ZIP Area
860
Density / Sq Mi
$70,590
Median Household Income
$41,535
Median Earnings
$1,210
Median Rent
$250,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office property with multiple structures, public utilities, and accessible parking near schools, civic offices, and local services.
Where is this office building located?
The property is located at 6804 Telephone Road Lake Worth, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,000‑square‑foot office building on a 0.534‑acre corner lot; Across from Lake Worth ISD schools and administration offices; Detached building offers additional office potential; separate storage building included
