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Property profile & analytics
FOR LEASE
Investment properties

1212 E Lancaster Ave Fort Worth, TX 76102

23,900 SF 0.37 ac lot Built 1920
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-1516713
Property summary
AI-generated overview

This exceptional office space, located at 1212 E Lancaster Ave in Fort Worth, Texas, 76102, presents a unique opportunity for businesses seeking a prestigious address with unparalleled convenience. Situated at the southeast corner of the I-30 and I-35W interchange, this property boasts easy access to major transportation arteries, ensuring seamless commutes for employees and clients alike. The building, known as the historic Parker Browne building, offers a blend of character and modern functionality. The available space is categorized as Traditional Office and is suitable for multiple tenants. A variety of suite sizes are available, ranging from a compact 429 square feet to a more substantial 7,053 square feet, providing flexibility to accommodate businesses of varying sizes and needs. The property is located in Tarrant County and offers a prime location within Fort Worth. This is an excellent opportunity to establish a presence in a well-connected and historically significant building. The building's strategic location provides easy access to a wide range of amenities and services, making it an ideal choice for businesses seeking a thriving and convenient work environment. Contact us today to learn more about the available spaces and schedule a viewing.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 23,900 SF
Lot 0.37 ac (16,200 SF)
APN 41605-88-5R2
UPID US82-1516713
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Itani Abdul DO Physician
  • Healthsouth Rehab Hospital: Bridges William C MD Physician
  • Bella Dea Boudoir Photography Service (Bike/Boat/Book/etc) Store
  • Good Shepherd Hospice Nursing Home
  • Cheyenne Construction Co Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.68M
Comparable Approach Comparable
$6.74M
Blend (final) Blend
$6.71M
Owner & transaction history
1212 East Lancaster LLC · 4 yrs held
1212 East Lancaster LLC
since 2022
7 recorded transactions
2022
Price N/A
2020
Price N/A
2019
Price N/A
2017
Price N/A
2015
Price N/A
2014
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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