2812 Hemphill St Fort Worth, TX 76110
- Office buildings
- 1,952 SF
- 0.17 lot acres
Current Use by Public Records
- The Wellness Studio / Chiropractor
Property Details for 2812 Hemphill St
- Year built
- 1922
- Construction
- BRICK
- Lot size
- 0.17 lot acres
- Property size
- 1,952 SF
- Property type
- Office buildings
- APN
- 39450-14-21
- APU
- 394501421
Description
This exceptional 1918-built, 2-story office building, completely renovated in 2015, offers 1,952 square feet of traditional office space. Located at 2812 Hemphill St, Fort Worth, TX 76110, in Tarrant County, this property boasts a prime location between Magnolia and Berry Streets, providing convenient access to TCU, the Near Southside, and the Medical District. The building sits on a single lot (APN 02814714) and is zoned for commercial use. Currently operating at 100% occupancy since October 1, 2023, the property features a triple net (NNN) lease with a remaining term of approximately two years, expiring November 30, 2026. The lease includes two one-year renewal options. The net rentable area is 2,160 square feet. The property's current net income is $24,308.50, yielding a pro-forma cap rate of 7.00%. This presents a strong investment opportunity in a desirable Fort Worth location. The building consists of one unit across two stories.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.332
- Latitude
- 32.7108
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA