2805 8Th Ave Fort Worth, TX 76110
- Retail space
- 1,204 SF
- 0.14 lot acres
Current Use by Public Records
- Eric's Flowers & Gifts / Florist
- Flower market / Florist
Property Details for 2805 8Th Ave
- Year built
- 1948
- Lot size
- 0.14 lot acres
- Property size
- 1,204 SF
- Property type
- Retail space
- APN
- 36910---22---23---20
- APU
- 36910222320
Description
This exceptional 0.43-acre commercial land parcel presents a unique investment opportunity in Fort Worth, Texas. Situated at the highly visible southeast corner of the lighted intersection of 8th Avenue and Cantey Street, this property boasts a prime location with excellent visibility and accessibility. The site includes a 1,204 square foot stand-alone building currently occupied by a Flower Market, offering immediate income potential. The property's zoning designation is Light Industrial & Neighborhood Commercial, providing flexibility for a variety of uses. Built in 1948, the existing structure is situated on a 18,730 square foot lot within Tarrant County. Its strategic location places it directly across the street from a Fiesta Mart and just minutes from the Texas Christian University (TCU) campus, ensuring high foot traffic and strong potential for future growth. This property is ideal for investors seeking a well-located, income-producing asset with significant upside potential in a thriving urban area. The single-tenant occupancy simplifies management, while the prominent corner location ensures maximum exposure. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly developing area of Fort Worth.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $395,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $380,000
- Mixed-Use
- $450,000
- Hospitality
- $465,000
- Educational
- $355,000
- Residential Income
- $370,000
- Energy
- $455,000
- Income-Based Land
- $350,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3436
- Latitude
- 32.7112
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA