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    Worth Neq Summer Crk Dr & Sycamore School Rd Ft Fort Worth, TX 76123
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    Property profile & analytics

    Worth Neq Summer Crk Dr & Sycamore School Rd Ft, Fort Worth, TX 76123

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    • Retail properties & Spaces
    • 2,060 SF
    • 0.76 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for Worth Neq Summer Crk Dr & Sycamore School Rd Ft

    Lot size
    0.76 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 0.76 to 1.31-acre pad site, totaling 2,060 square feet of net rentable space, presents a remarkable opportunity for restaurant development in the thriving Fort Worth market. Located at the intersection of Summer Creek Drive and Sycamore School Road in Tarrant County, Texas (zip code 76123), this property boasts unparalleled visibility and accessibility. The site is ideally positioned within a vibrant commercial hub, surrounded by established national retailers including Walmart Neighborhood Market, Urban Air, PetSuites, McDonald's, Taco Bell, Chicken Express, Wendy's, Starbucks, Dunkin', Dutch Bros, and more. Existing nearby businesses also include Dunkin' Donuts, Starbucks, Swig, Liquorland, Tropical Smoothie Cafe, and The Learning Experience, ensuring a strong customer base and synergistic environment. The property's proximity to Texas Health Harris Methodist Hospital and Tarleton State University further enhances its appeal, providing a large potential customer pool. Convenient access to Chisholm Trail Parkway ensures easy commutes for both employees and customers. This property offers approximately 9,790 square feet of divisible space, with pre-leasing available and a projected delivery date in the second quarter of 2025. This is an exceptional opportunity to establish a thriving restaurant business in a high-growth area.

    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
    -97.4075
    Latitude
    32.6319

    Comparable in this City

    • Value Estimation by Request
      11,820 SF

      Neq Summer Crk Dr & Sycamore School Rd

      Restaurants
      0 Neq Summer Crk Dr & Sycamore School Rd, Fort Worth, TX 76123
      View Details
    • Value Estimation by Request
      2,230 SF

      Brewer & Mcpherson Intersection

      Restaurants
      0 Brewer & Mcpherson Intersection, Fort Worth, TX 76123
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    • Value Estimation by Request
      11.34 Acres

      Sec Sycamore School Rd & Summer Crk Dr

      Retail properties & Spaces
      0 Sec Sycamore School Rd & Summer Crk Dr, Fort Worth, TX 76123
      View Details
    • Value Estimation by Request
      3,690 SF

      5216 Sycamore School Rd

      RESTAURANT
      5216 Sycamore School Rd, Fort Worth, TX 76123-3047
      View Details
    • Value Estimation
      $525,000
      3,656 SF

      5345 Sycamore School Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      5345 Sycamore School Rd, Fort Worth, TX 76123-3033
      View Details
    • Value Estimation by Request
      27.60 Acres

      9100 Mccart Ave

      Land
      9100 Mccart Ave, Fort Worth, TX 76123
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,060 SF

      Retail and Restaurant Space Available

      Prime location with retail and restaurant opportunities.
      Neq Summer Crk Dr & Sycamore School Rd, Fort Worth, TX 76123
      View Details
    • Contact for pricing

      Fort Worth Retail Land Available

      Land available at Summer Creek Station in Fort Worth, Texas.
      Sec Sycamore School Rd & Summer Crk Dr, Fort Worth, TX 76123
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    • Contact for pricing

      Retail Property For Sale

      Retail property available for purchase.
      5517 E Rosedale St, Fort Worth, TX 76123
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    • $7,540,000
      Pending

      Highway-Front Development Land

      Large development tract with highway frontage near Chisholm Trail and access via Granbury Road.
      7350 Granbury Rd, Fort Worth, TX 76123
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    • Contact for pricing

      Pad Sites Available For Sale

      Pad sites for sale or lease in fitness anchored center.
      Swc Alta Mesa/Dirks Rd And Chisholm Trl Pkwy, Fort Worth, TX 76123
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    • $960,000
      6,030 SF

      Turn-Key Duplex Investment Portfolio

      Three well-maintained duplexes totaling six units with private fenced backyards and full occupancy.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease at Chisholm Trail.
      Nec Chisholm Trl Pkwy & Mcpherson Blvd, Fort Worth, TX 76123
      View Details
    • Contact for pricing
      1,916 SF

      Retail and Office Space Available

      Retail and office spaces for lease in mixed-use complex.
      5344 Sycamore School Rd, Fort Worth, TX 76123
      View Details
    • Contact for pricing

      Commercial Land Near Chisholm Trail

      Commercial land for lease near new Chisholm Trail Parkway.
      Sycamore School Rd, Fort Worth, TX 76123
      View Details
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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.

    More about this property
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