Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    409 Sylvania Ave Fort Worth, TX 76111
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Property profile & analytics

    409 Sylvania Ave Fort Worth, TX 76111

    View on Map
    • Office properties & Spaces
    • 1,684 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 409 Sylvania Ave

    Year built
    1923
    Property size
    1,684 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This 1,684 square foot office building, located at 409 N Sylvania Ave in Fort Worth, Texas, presents a unique investment opportunity. Built in 1923, the property sits on a 7,884 square foot lot and is zoned for Neighborhood Commercial "E" District use. The asking price is $329,000, translating to $195.37 per square foot. Suitable for a variety of uses, including executive, medical, or traditional office space, this versatile property offers significant potential. Its prime location in the heart of Fort Worth provides easy access to a wealth of amenities, including diverse dining options and recreational areas. The building's spacious layout allows for customization to suit individual business needs. This property is ideal for entrepreneurs seeking a well-located, adaptable space or investors looking for a strong return. The property's history and location combine to create a unique opportunity in a thriving Texas market. Further details regarding ownership are available upon request. The property's address is 409 N Sylvania Ave, Fort Worth, TX 76111.

    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
    -97.3088
    Latitude
    32.7705

    Comparable in this City

    • Value Estimation by Request
      6,400 SF

      3812 Belknap St

      MEDICAL BUILDING • 6,400 SF
      3812 Belknap St, Fort Worth, TX 76111-6012
      View Details
    • Value Estimation by Request
      5,670 SF

      3913 Wheeler St

      DENTAL BUILDING • 5,670 SF
      3913 Wheeler St, Fort Worth, TX 76111-6035
      View Details
    • Value Estimation
      $500,000
      8,100 SF

      3825 Yucca Ave

      MEDICAL BUILDING • 8,100 SF
      3825 Yucca Ave, Fort Worth, TX 76111-6067
      View Details
    • Value Estimation by Request
      2,696 SF

      1916 Bch St

      MEDICAL BUILDING • 2,696 SF
      1916 Bch St, Haltom City, TX 76111-6703
      View Details
    • Value Estimation by Request
      3,113 SF

      1413 Bch St

      MEDICAL BUILDING • 3,113 SF
      1413 Bch St, Fort Worth, TX 76111-6614
      View Details
    • Value Estimation by Request
      4,716 SF

      112 Bch St

      MEDICAL BUILDING • 4,716 SF
      112 Bch St, Fort Worth, TX 76111-7067
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      36,345 SF

      Commercial Land with Development Potential

      Versatile commercial land suitable for various development projects.
      3509 E Belknap St, Fort Worth, TX 76111
      View Details
    • $749,900
      0.83 Acres

      Commercial Land in Fort Worth

      Versatile commercial land suitable for various business and civic uses.
      3509 E Belknap St, Fort Worth, TX 76111
      View Details
    • Contact for pricing
      2,852 SF

      Haltom City Office Space

      Office space available in Haltom City, Texas.
      2001-2003 N Beach St, Haltom City, TX 76111
      View Details
    • Contact for pricing
      14,700 SF

      Haltom City Flex Property

      14,700 SF flex property on 1.03 acres.
      1714 Higgins Ln, Haltom City, TX 76111
      View Details
    • $1,330,000

      Fort Worth Freestanding Office Building

      6,522 SF office building with 18 units in Fort Worth.
      403-407 N Sylvania Ave, Fort Worth, TX 76111
      View Details
    • Contact for pricing
      2,340 SF

      Commercial Property with Business Opportunities

      Commercial property suitable for various businesses with multiple entrances.
      2019 N Riverside Dr, Fort Worth, TX 76111
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo

      Renovated Medical Office Space

      Turnkey medical office space in prime Fort Worth location.
      2327 N Riverside Dr, Fort Worth, TX 76111
      View Details
    • Contact for pricing
      7,619 SF

      Fort Worth Office/Flex Space Available

      7,619 SF office/flex space for rent in Fort Worth.
      2589 NE 33Rd St, Fort Worth, TX 76111
      View Details
    • $950 /Mo
      475 SF

      Office Space with Excellent Parking

      Office space with great visibility near downtown Fort Worth.
      417 N Retta St, Fort Worth, TX 76111
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Newly renovated office space with abundant parking and highway access.
      3201 N Sylvania Ave, Fort Worth, TX 76111
      View Details
    • $21 SF/Yr

      Renovated Historic Building on Race Street

      Recently renovated historic building in the River East district.
      3000 Race St, Fort Worth, TX 76111
      View Details
    • $2,700 /Mo
      2,614 SF

      High-Visibility Corner Lot Retail Space

      2,500 sqft retail space on high-visibility corner lot.
      701 North Riverside Dr, Fort Worth, TX 76111
      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.
    409 Sylvania Ave
    Fort Worth, TX 76111
    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

    Thank You for Inquiry
    409 Sylvania Ave, Fort Worth, TX, 76111
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!