Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1515 E Peach St Fort Worth, TX 76102
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1515 E Peach St Fort Worth, TX 76102

    View on Map
    • Commercial land
    For Sale
    $100,000
    View Listing →
    Corner Lot in Fort Worth For Sale
    $100,000

    Corner Lot in Fort Worth

    Vacant corner lot in a commercial-industrial area.

    1515 E Peach St, Fort Worth, TX 76102
    View Listing
    Property ID
    US82-3043713
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 1515 E Peach St

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Prime Corner Lot in a Thriving Commercial-Industrial Area: Located on the corner of E Peach Street and N Diamond Ave, this vacant corner lot offers an exceptional opportunity for investment in a bustling commercial-industrial zone. Surrounded by single-family housing, this property enjoys the perfect blend of accessibility and community appeal.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3230916
    Latitude
    32.7649728

    Comparable in this City

    • Contact for pricing

      Development Ready Commercial Land

      Commercial land ready for development with road frontage.
      5833 E Belknap St, Haltom City, TX 76102
      View Details
    • Contact for pricing

      Fort Worth Investment Opportunity

      Prime property in Fort Worth with G zoning.
      6001 North Fwy, Fort Worth, TX 76102
      View Details
    • Contact for pricing

      Commercial Land I-35 Frontage

      Intensive commercial zoned raw land near I-35 in Fort Worth.
      5851 North Fwy, Fort Worth, TX 76102
      View Details
    • $1,375,000
      10,150 SF

      Fort Worth Development Opportunity

      Warehouse on 10,150 SF lot suited for development.
      1119 W 5Th St, Fort Worth, TX 76102
      View Details
    • Contact for pricing

      Downtown Fort Worth Land Opportunity

      Urban land in downtown Fort Worth with versatile zoning.
      901 Collier St, Fort Worth, TX 76102
      View Details
    • Contact for pricing

      Commercial Land in Fort Worth

      Commercial land available at McCart Ave. & Risinger Rd.
      Nec & Nwc Mccart Ave. & Risinger Rd, Fort Worth, TX 76102
      View Details

    Similar Nearby for Sale

    • $6,098,400
      9 SF

      Commercial Land For Sale

      9.25 acres of commercial land available for sale.
      2212 East 4Th St, Fort Worth, TX 76102
      View Details
    • Contact for pricing

      Downtown Fort Worth Land Parcel

      0.98 AC land with a 5,100 SF building.
      1200 E Weatherford St, Fort Worth, TX 76102
      View Details
    • Contact for pricing

      Fort Worth Commercial Land Available

      1.0 acre commercial land with existing 11,850 SF building.
      1200 E 2Nd St, Fort Worth, TX 76102
      View Details
    • Contact for pricing
      8,940 SF

      Downtown Fort Worth Development Site

      Prime development site near Sundance Square in downtown Fort Worth.
      1119 W 5Th St, Fort Worth, TX 76102
      View Details
    • Contact for pricing

      Commercial Land for Diverse Uses

      Commercial land suitable for retail, restaurants, offices, and more.
      Nec Mccart Ave & Risinger Rd, Fort Worth, TX 76102
      View Details
    • Contact for pricing
      36,895 SF

      Fort Worth CBD Development Site

      Largest development site in Fort Worth CBD with parking.
      900 Monroe St, Fort Worth, TX 76102
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with flexible options for rent.
      702 Houston St, Fort Worth, TX 76102
      View Details
    • Contact for pricing
      9,551 SF

      Fort Worth Office Space Available

      Office space available for lease in Fort Worth, Texas.
      930 W 1St St, Fort Worth, TX 76102
      View Details
    • $12 SF/Yr
      5,000 SF

      5,000 SF Flex/Industrial Space

      Flex/Industrial space available for lease starting July 1, 2025.
      1107 E 1St St, Fort Worth, TX 76102
      View Details
    • Contact for pricing
      1,920 SF

      Fort Worth Warehouse Space

      2000 square foot warehouse space available for rent.
      1500 Northpark Dr, Fort Worth, TX 76102
      View Details
    • Contact for pricing
      2,575 SF

      Historic Fort Worth Retail Space

      Retail space in the historic Neil P. Anderson building.
      415 W 7Th St, Fort Worth, TX 76102
      View Details
    • Contact for pricing
      1,711 SF

      Modern Retail Space in Fort Worth

      Class A retail space in a mixed-use destination.
      150 Throckmorton St, Fort Worth, TX 76102
      View Details
    View Listing
    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.
    1515 E Peach St
    Fort Worth, TX 76102
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!