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    Fort Worth Retail Investment Opportunity Title is generated by Realmo AI

    901 N SYLVANIA AVE, Fort Worth, TX 76111

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    Well-maintained retail asset with national tenants and dependable cash flow.

    Type:Retail, Office
    Property size:
    3,540 SF
    Price / SF:
    $268/SF
    Added:
    May 11, 2026
    Days on Market:
    23
    Last Refresh:
    May 14 at 9:31 pm

    Property Features for 901 N SYLVANIA AVE

    General Information

    Standard status
    Active
    Size
    3,540 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    Karam Khalil
    Karam Khalil

    Listing agent Karam Khalil License #9016033

    Listing office KHALiL REAL ESTATE

    Listing date May 11, 2026

    Source Crexi

    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 KHALiL REAL ESTATE

    HighLights

    • Strong national‑brand tenancy (MetroPCS and Ascend Staffing) providing dependable cash flow
    • NNN lease structure offers a low‑management ownership profile
    • Attractive building elevation, strong curb appeal, and excellent overall condition due to consistent maintenance
    • Strategic location in Fort Worth near major highways (35W, 121, and 183) provides strong accessibility
    • Ideal for 1031 exchange replacement property
    • Pro forma offering with stable in‑place tenancy and future income growth potential

    Overview

    This Fort Worth property presents an investment opportunity featuring a well-maintained retail asset with national-brand tenancy and dependable cash flow. The property is leased to MetroPCS, occupying approximately 840 square feet, with a franchise operator that operates over 400 stores nationwide. Ascend Staffing occupies approximately 2,700 square feet; this company has more than 50 offices across the country. The building has an attractive elevation, arches throughout, strong curb appeal, and excellent overall condition due to consistent maintenance and upkeep. This is an opportunity for an investor looking to park capital in an asset with strong tenancy, dependable income, and long-term ownership appeal. The property is strategically located in Fort Worth near Highway 35W, Highway 121, and Highway 183, providing strong accessibility and desirable positioning. The property is being offered on a pro forma basis, presenting investors with stable in-place tenancy today along with future income growth potential and long-term upside. The property is suitable for retail and service-oriented users.

    Local Financial Insights For Office B

    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 $106.2k $30.00
    − Vacancy −$23.9k −$6.75
    EGI $82.3k $23.25
    − OpEx −$20.6k −$5.81
    NOI $61.7k $17.44
    3,540 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $881.8K
    $771.6K – $1.03M (±1% cap)
    NOI $61,729 @ 7.0% cap · market cap 6.50%
    Second Best
    Retail
    $812.9K
    $711.3K – $948.3K (±1% cap)
    NOI $56,900 @ 7.0% cap · market cap 6.00%
    Theoretical Best
    Office A
    $1.29M
    $1.13M – $1.50M (±1% cap)
    NOI $90,015 @ 7.0% cap · market cap 9.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    A Taste of Heaven Restaurant PDQ Staffing Employment Agency Metro by T-Mobile Mobile Phone Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.308971
    Latitude
    32.7759437

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    FAQs

    What type of property is this?
    Retail space - Well-maintained retail asset with national tenants and dependable cash flow.
    Where is this retail space located?
    The property is located at 901 N SYLVANIA AVE Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: Strong national‑brand tenancy (MetroPCS and Ascend Staffing) providing dependable cash flow; NNN lease structure offers a low‑management ownership profile; Attractive building elevation, strong curb appeal, and excellent overall condition due to consistent maintenance
    (817) 881-2662 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Karam Khalil
    Karam Khalil
    Real Estate License ID: 9016033
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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