Property profile

4400 Basswood Blvd Fort Worth, TX 76137

FOR LEASE
Drug stores
Property ID
US82-1190423
12,078 SF 2.03 ac lot Built 2001
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 11,970-square-foot freestanding Class A retail building, located at 4400 Basswood Blvd in Fort Worth, Texas, presents a unique investment opportunity. Built in 2001, the property sits on a 2.032-acre lot and is currently entirely vacant, offering immediate occupancy for a new tenant. The building's "F" General Commercial zoning allows for a wide range of uses, including alcohol sales and on-premises consumption. This key retail intersection is strategically positioned within a thriving neighborhood boasting significant density and high household incomes. A three-mile radius encompasses 48,629 households with an average income of $91,768, representing a substantial consumer base of 138,251 residents. The property's location in Tarrant County, Texas, zip code 76137, offers excellent accessibility and visibility. This single-tenant building is an ideal space for a business seeking to establish a strong presence in a high-demand area. The property's size and zoning flexibility provide significant potential for a variety of retail concepts. This is a rare opportunity to acquire a well-located, high-quality retail property in a rapidly growing market.

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2001
Total area 12,078 SF
Lot 2.03 ac (88,514 SF)
APN 40689H-1-2R
UPID US82-1190423

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy
  • Atm
  • Pharmacy
  • Cinema (Bike/Boat/Book/etc) Store

Location

4400 Basswood Blvd Fort Worth, TX 76137
Fort Worth metro Census 113918 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$1.74M

Owner & transaction history

since 2026
1 recorded transaction
2026
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.8M +56.4%
Office building $1.7M +49.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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