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    2812 Hemphill St Fort Worth, TX 76110

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    Fort Worth office, 100% occupied, NNN lease.

    Property size:
    1,952 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1918-built, 2-story office building, completely renovated in 2015, offers 1,952 square feet of traditional office space. Located at 2812 Hemphill St, Fort Worth, TX 76110, in Tarrant County, this property boasts a prime location between Magnolia and Berry Streets, providing convenient access to TCU, the Near Southside, and the Medical District. The building sits on a single lot (APN 02814714) and is zoned for commercial use. Currently operating at 100% occupancy since October 1, 2023, the property features a triple net (NNN) lease with a remaining term of approximately two years, expiring November 30, 2026. The lease includes two one-year renewal options. The net rentable area is 2,160 square feet. The property's current net income is $24,308.50, yielding a pro-forma cap rate of 7.00%. This presents a strong investment opportunity in a desirable Fort Worth location. The building consists of one unit across two stories.

    Property Features for 2812 Hemphill St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,952 SF

    Building Details

    Year Built/Renovated
    1918/20151
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Strong current net operating income (NOI) of $24,308.50.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Wellness Studio Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.331573576384
    Latitude
    32.710764696374

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    FAQs

    What type of property is this?
    Office Property / Space - Fort Worth office, 100% occupied, NNN lease.
    Where is this office property / space located?
    The property is located at 2812 Hemphill St Fort Worth, TX.
    What are key features of this property?
    This property features: Strong current net operating income (NOI) of $24,308.50.; ;
    (817) 427-9545
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    2812 Hemphill St Fort Worth, TX 76110
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    2812 Hemphill St Fort Worth, TX 76110
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