Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    211-215 Jennings Ave Fort Worth, TX 76104
    Back to Search
    Property profile & analytics

    211-215 Jennings Ave, Fort Worth, TX 76104

    View on Map
    • Office Spaces
    • 11,652 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 211-215 Jennings Ave

    Year built
    1909
    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    The Bicocchi Building, located at 211-215 S Jennings Ave, Fort Worth, TX 76104, offers 11,652 square feet of versatile office space currently available for lease. Built in 1909, this two-story Class B building boasts a rich history, originally serving as a grocery store and apartments. While updated, it retains original charm with interior brick walls and transom windows. The property features a flexible layout suitable for various uses, including traditional office, executive suites, coworking spaces, medical offices, and creative office environments. The building is zoned J, Fort Worth - F1, and has a Tarrant County APN of 02776006. Amenities include one elevator, 20 parking spaces in a gated lot, and convenient street parking. Its prime location, two blocks from South Main Street, places it within walking distance of restaurants and bars, and less than a mile from downtown Fort Worth and Magnolia Blvd. Ceiling heights range from 12 to 14 feet. The building's multiple tenancy allows for diverse occupancy options. This is a unique opportunity to lease a historic building in a thriving Fort Worth neighborhood. Contact us today to learn more about leasing options.

    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
    -97.3298
    Latitude
    32.7424

    Comparable in this City

    • Value Estimation by Request
      39,605 SF

      504 Rosedale St

      Neighborhood centers
      504 Rosedale St, Fort Worth, TX 76104
      View Details
    • Value Estimation by Request
      20,000 SF

      1101 Pennsylvania Ave

      Medical Office Space
      1101 Pennsylvania Ave, Fort Worth, TX 76104
      View Details
    • Value Estimation by Request
      1 SF

      900 Jerome St

      Medical Office Space
      900 Jerome St, Fort Worth, TX 76104
      View Details
    • Value Estimation by Request
      4,500 SF

      600 Magnolia Ave

      Coworking space
      600 Magnolia Ave, Fort Worth, TX 76104
      View Details
    • Value Estimation by Request
      0.11 Acres

      1425 8th Ave

      MEDICAL BUILDING
      1425 8th Ave, Fort Worth, TX 76104-4151
      View Details
    • Value Estimation
      $1,205,000
      19,540 SF

      1612 Humbolt St

      MEDICAL BUILDING
      1612 Humbolt St, Fort Worth, TX 76104-3907
      View Details

    Similar Nearby for Sale

    • $2,200,000
      6,456 SF

      Hemphill Medical Office Complex

      Fort Worth medical office buildings, excellent investment.
      622 Hemphill St, Fort Worth, TX 76104
      View Details
    • $399,000
      5,000 SF

      Versatile Fort Worth Office Building

      5,000 sqft building suitable for office, medical, or multi-purpose use.
      2200 Evans Ave, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      14,631 SF

      Fort Worth Medical District Office

      Office building in the heart of the medical district.
      1412 May St, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      19,029 SF

      South Main Street Opportunity

      Move-in ready office space in the Near Southside district.
      710 S Main St, Fort Worth, TX 76104
      View Details
    • New
      $249,000
      0.89 Acres

      Historic Ground-Floor Retail Condo

      Ground-floor commercial unit with high ceilings, natural light, and an in-suite water connection in a restored historic loft complex.
      120 St. Louis Ave, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      Pending

      Versatile Commercial Property For Sale

      Adaptable commercial space suitable for retail, office, or community projects.
      2909 Evans Ave, Fort Worth, TX 76104
      View Details

    Similar Nearby for Lease

    • $500 /Mo
      15,072 SF

      Historic Office Space Available

      Office space in the historic Bicocchi Building for rent.
      217 S Jennings Ave, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      729 SF

      Medical Office Space for Rent

      Located on Baylor All Saints Medical Center campus.
      1250 8Th Ave, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      7,799 SF

      Fort Worth Medical Office Space

      Office space for rent in urban Fort Worth location.
      950 W Magnolia Ave, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      7,245 SF

      Medical Office Space For Lease

      Medical office space adjacent to Baylor Scott & White Medical Center.
      1280 8Th Ave, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      10,000 SF

      Adaptable Space in Medical District

      Versatile space suitable for office, medical, or retail use.
      550-558 Hemphill St, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      7,942 SF

      Medical Office Space Available

      Class A outpatient medical office space for rent.
      500 S Henderson St, Fort Worth, TX 76104
      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.
    211-215 Jennings Ave
    Fort Worth, TX 76104
    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
    211-215 Jennings Ave, Fort Worth, TX, 76104
    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!