Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5701 Mark Iv Pkwy Fort Worth, TX 76131

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5701 Mark Iv Pkwy Fort Worth, TX 76131

    View on Map
    • Neighborhood centers
    • 10,780 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Duet Hair Salon / Hair Salon
    • Behavioral Innovations / Medical Clinic

    Property Details for 5701 Mark Iv Pkwy

    Year built
    2019
    Property size
    10,780 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Mark IV Plaza, located at 5701 Mark IV Pkwy, Fort Worth, TX 76131, presents a prime retail investment opportunity. This 2019-built, single-building strip center offers 10,780 square feet of leasable space, situated on a generous 2.63-acre lot in Tarrant County. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,196 square feet to a maximum contiguous space of 3,892 square feet. Four units are currently available, providing flexibility for various retail businesses. Its modern construction and convenient location in Fort Worth make it an attractive option for businesses seeking high visibility and accessibility. The property's strategic placement within the city ensures strong foot traffic and convenient access for customers. The ample lot size provides ample parking for tenants and customers. This is a rare opportunity to acquire a well-maintained, modern retail center in a thriving Texas market. The property's size and layout offer significant potential for growth and return on investment. Interested parties are encouraged to inquire for further details and availability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.333
    Latitude
    32.8612

    Comparable in this City

    • Value Estimation
      $690,000
      12,225 SF

      1100 Blue Mound Rd

      SHOPPING CENTER, STRIP CENTER • 12,225 SF
      1100 Blue Mound Rd, Saginaw, TX 76131-4901
      View Details
    • Value Estimation by Request
      5,900 SF

      604 Bailey Boswell Rd

      SHOPPING CENTER, STRIP CENTER • 5,900 SF
      604 Bailey Boswell Rd, Saginaw, TX 76131-3567
      View Details
    • Value Estimation by Request
      6,050 SF

      330 Blue Mound Rd

      SHOPPING CENTER, STRIP CENTER • 6,050 SF
      330 Blue Mound Rd, Saginaw, TX 76131-1046
      View Details
    • Value Estimation by Request
      1.41 Acres

      3001 Fair Dr

      SHOPPING CENTER, STRIP CENTER • 1.41 Acres
      3001 Fair Dr, Fort Worth, TX 76131
      View Details
    • Value Estimation
      $870,000
      20,100 SF

      7260 Blue Mound Rd

      SHOPPING CENTER, STRIP CENTER • 20,100 SF
      7260 Blue Mound Rd, Fort Worth, TX 76131-8832
      View Details
    • Value Estimation
      $605,000
      10,080 SF

      750 Bonds Rnch Rd

      SHOPPING CENTER, STRIP CENTER • 10,080 SF
      750 Bonds Rnch Rd, Fort Worth, TX 76131-3900
      View Details

    Similar Nearby for Sale

    • $2,800,000
      3,028 SF

      Retail Property on Western Center

      Retail property available for sale on Western Center Blvd.
      1629 Western Center Blvd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      15,789 SF

      Retail Property in Fort Worth

      Retail property available for sale in Fort Worth, Texas.
      7052 Blue Mound Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      15,789 SF

      Retail Property in Fort Worth

      Retail property available for sale in Fort Worth, Texas.
      7036 North Blue Mound Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      1,500 SF

      Mixed-Use Development Opportunity

      26-acre mixed-use development near Saginaw High School.
      6844 N Blue Mound Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Growing Area

      Retail space in a dynamic corridor with high visibility.
      2719 Basswood Blvd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      22.40 Acres

      Saginaw, TX Commercial Land

      ±22.4 Acres, Commercial Zoning, Prime Location
      0 Nec Bailey Boswell Rd & Comanche Spg Dr, Saginaw, TX 76131
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr

      Saginaw Retail/Office/Restaurant Space Available

      1875 SF space suitable for office, retail, or restaurant.
      1100 N Blue Mound Rd, Saginaw, TX 76131
      View Details
    • Contact for pricing

      Retail Space Anchored by Kroger

      Retail development anchored by Kroger at Hwy 287 & E Bonds Ranch Road.
      E Bonds Ranch Rd, Blue Mound, TX 76131
      View Details
    • Contact for pricing
      1,302 SF

      Retail Space Anchored by Kroger

      Retail space for lease in Kroger-anchored Fort Worth development.
      149 E Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      3,837 SF

      Retail Space Anchored by Kroger

      Retail development opportunity in Fort Worth, anchored by Kroger.
      211 E Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space Anchored by Kroger

      Retail space for lease in Kroger-anchored Fort Worth development.
      133 E Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing

      Prime Retail Space on I-35

      Versatile retail space in Fort Worth's thriving I-35 Corridor.
      5851 Freeway N, Fort Worth, TX 76131
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5701 Mark Iv Pkwy
    Fort Worth, TX 76131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!