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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1130 Henderson St Fort Worth, TX 76104-4499

    • Investment properties
    • 1,848 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $365,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3511696
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Alband Law Firm / Attorney / Legal Services

    Property Details for 1130 Henderson St

    Year built
    2009
    Lot size
    0.11 lot acres
    Property size
    1,848 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    27280-2-8
    APU
    2728028

    Description

    This exceptional office property at 1130 S Henderson St in Fort Worth, Texas offers flexible workspace solutions. Located in the vibrant Near Southside District, this Tarrant County building provides easy access to numerous restaurants and businesses in the Magnolia and South Main areas. The property features both executive office suites and traditional office spaces, as well as coworking options, catering to diverse business needs. Units are available starting at 250 square feet, perfect for small businesses or expanding teams. The building underwent renovations in 2009, ensuring modern amenities and a comfortable work environment. Its convenient location near the medical district and public transportation makes commuting a breeze. This prime real estate presents a unique opportunity to establish a presence in a rapidly growing and highly desirable area of Fort Worth, with a 76104 zip code. Multiple tenancy options are available, allowing for scalability and adaptability to changing business requirements. The building's strategic location within walking distance of a thriving commercial district offers unparalleled convenience and accessibility for employees and clients alike. This is an ideal location for businesses seeking a blend of professional ambiance and vibrant community engagement.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $425,000
      Market price range: $96.1k - $426k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $265,000
      Current use
      AUTO REPAIR, GARAGE
      $235,000
      Change: -13% Conversion: Difficult
      RETAIL STORES
      $215,000
      Change: -19% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3379
    Latitude
    32.732
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,595
    $147,000
    $498,000
    $645,000
    -
    $147,000
    $498,000
    $645,000

    Comparable in this City

    • Value Estimation
      $360,000
      6,800 SF

      906 Cannon St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,800 SF
      906 Cannon St, Fort Worth, TX 76104-3031
      View Details
    • Value Estimation
      $355,000
      5,632 SF

      301 Daggett Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,632 SF
      301 Daggett Ave, Fort Worth, TX 76104
      View Details
    • Value Estimation
      $320,000
      4,608 SF

      622 Hemphill St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,608 SF
      622 Hemphill St, Fort Worth, TX 76104-3179
      View Details
    • Value Estimation
      $260,000
      1,228 SF

      1700 Enderly Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 1,228 SF
      1700 Enderly Pl, Fort Worth, TX 76104-4122
      View Details
    • Value Estimation
      $260,000
      2,047 SF

      1220 Lk St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,047 SF
      1220 Lk St, Fort Worth, TX 76104-4376
      View Details
    • Value Estimation
      $395,000
      7,616 SF

      1615 Oleander St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,616 SF
      1615 Oleander St, Fort Worth, TX 76104-4025
      View Details

    Similar Nearby for Sale

    • $1,500,000
      4,608 SF

      Medical Office with Residential Lofts

      Mixed-use property featuring medical office and upscale residential lofts.
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      The Commerce Building: Prime Industrial Space

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      Mixed-Use Building in Fort Worth

      Two-story mixed-use building featuring office and apartment spaces.
      814 Pennsylvania Ave, Fort Worth, TX 76104
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    • $900,000
      0.27 Acres

      Fort Worth Mixed-Use Land

      Undeveloped land zoned for mixed-use in urban village.
      457 Crawford St, Fort Worth, TX 76104
      View Details
    • Contact for pricing
      0.70 Acres

      Fort Worth Residential Land Opportunity

      0.7-acre multi-family residential lot.
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      Fort Worth Retail Investment Opportunity

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    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Space in Medical District

      Mixed-use commercial space in Fort Worth's Southside Medical District.
      1310 Crawford St, Fort Worth, TX 76104
      View Details
    • $30 SF/Yr
      2,730 SF

      Retail Space Available For Lease

      Retail space available for lease in Fort Worth, Texas.
      504-616 W Rosedale St, Fort Worth, TX 76104
      View Details
    • $2,678 /Mo
      1,190 SF

      Renovated Office Space Near Hospital

      Updated office space with convenient freeway access and ample parking.
      1620 Enderly Pl, Fort Worth, TX 76104
      View Details
    • $25 SF/Yr
      7,700 SF

      Office Space For Rent

      7,700 SF office space available for lease.
      508 S Adams St, Fort Worth, TX 76104
      View Details
    • $23 SF/Yr
      2,395 SF

      Office Space with Open Layout

      2,395 SF office space featuring wood floors and skylight.
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      View Details
    • $40 SF/Yr
      1,262 SF

      Office Space Available For Rent

      Office space available for lease in Fort Worth, TX.
      1227 W Magnolia Ave, Fort Worth, TX 76104
      View Details
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    1130 Henderson St
    Fort Worth, TX 76104-4499
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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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