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    308 Kellis St Fort Worth, TX 76115

    Sponsored
    For Sale
    $600,000

    Prime Restaurant Location, High Visibility

    Property size:
    4,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 4,100 square foot restaurant building in Fort Worth, Texas, presents a unique investment opportunity. Located at 308 W Kellis St, 76115, this three-story property sits on a 4,100 square foot lot and boasts a prominent location across from La Gran Plaza Mall. The asking price is $600,000, translating to a land value of $146 per square foot. Built in 1960 and renovated in 1960, the building offers significant visibility from the South Freeway (I-35W) due to its 120 feet of frontage on Seminary Drive. Its strategic location provides easy access to major freeways including I-35W, I-20, and Hwy 287. Importantly, the property is zoned for Heavy Industrial use, offering flexibility for a variety of potential uses. This high-traffic area and convenient freeway access make this a compelling investment for discerning buyers seeking a well-positioned commercial property in a thriving Texas market. The property is a single-tenancy building. Further details are available upon request.

    Property Features for 308 Kellis St

    General Information

    Property type
    Restaurants
    Square Feet
    4,100 SF

    Building Details

    Year Renovated
    1960
    Stories
    3

    HighLights

    • $600,000 asking price for this 4,100 square foot retail restaurant.
    • Single‑tenant occupancy in a three‑story building, renovated in 1960.
    • Located on a 4,100 square foot lot in Fort Worth, TX, with a land value of $146 per square foot.
    • High visibility from I‑35W, with 120 feet of frontage on Seminary Drive across from La Gran Plaza Mall.
    • Easy freeway access via I‑35W, I‑20, and Hwy 287, and zoned Heavy Industrial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.328262702167
    Latitude
    32.684243882124

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Location, High Visibility
    Where is this restaurant located?
    The property is located at 308 Kellis St Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price for this 4,100 square foot retail restaurant.; Single-tenant occupancy in a three-story building, renovated in 1960.; Located on a 4,100 square foot lot in Fort Worth, TX, with a land value of $146 per square foot.
    Request Owner's contact information
    308 Kellis St Fort Worth, TX 76115
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    Fort Worth, TX 76115
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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
    308 Kellis St Fort Worth, TX 76115
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