Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1601 Riv Run Fort Worth, TX 76107-6509

    • Hotels
    • 29,202 SF
    • 2.23 lot acres
    OFF-MARKET
    Value Estimations
    $695,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8076601
    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

    • Extended Stay America - Fort Worth - Medical Center / Extended Stay Hotel

    Property Details for 1601 Riv Run

    Year built
    1995
    Lot size
    2.23 lot acres
    Property size
    29,202 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    34550-1-3A1AR
    APU
    3455013A1AR

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $675,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $942,000
      Market price range: $330k - $942k

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3596
    Latitude
    32.7282
    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
    $109,744
    $581,856
    $4,218,144
    $4,800,000
    -
    $581,856
    $4,218,144
    $4,800,000

    Comparable in this City

    • Value Estimation
      $965,000
      106,804 SF

      2500 Museum Way

      HOTEL/MOTEL • 106,804 SF
      2500 Museum Way, Fort Worth, TX 76107-3053
      View Details
    • Value Estimation
      $985,000
      71,540 SF

      3450 Vickery Blvd

      HOTEL/MOTEL • 71,540 SF
      3450 Vickery Blvd, Fort Worth, TX 76107-5760
      View Details
    • Value Estimation
      $295,000
      1,643 SF

      5636 Vickery Blvd

      MOTEL • 1,643 SF
      5636 Vickery Blvd, Fort Worth, TX 76107-7433
      View Details
    • Value Estimation
      $355,000
      11,499 SF

      5636 Vickery Blvd

      MOTEL • 11,499 SF
      5636 Vickery Blvd, Fort Worth, TX 76107-7433
      View Details
    • Value Estimation
      $805,000
      30,044 SF

      600 Henderson St

      MOTEL • 30,044 SF
      600 Henderson St, Fort Worth, TX 76107-1417
      View Details
    • Value Estimation
      $475,000
      9,450 SF

      3625 Byers Ave

      HOTEL • 9,450 SF
      3625 Byers Ave, Fort Worth, TX 76107-4532
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,750 SF

      Fort Worth Industrial Portfolio

      Prime Fort Worth Flex Space, 3 Buildings
      1701 White Settlement Rd, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      2,402 SF

      Restaurant with Drive-Thru Potential

      High-visibility restaurant space near downtown, TCU, and major retailers.
      217 University Dr, Fort Worth, TX 76107
      View Details
    • $8,800,000
      22,000 SF

      Tesla Single-Tenant Property in Fort Worth

      Single-tenant Tesla property with a new 7-year term.
      275 University Dr, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      8,979 SF

      Turnkey Bar or Restaurant Opportunity

      8,979 SF bar or restaurant with 859 SF patio.
      2821 Morton St, Fort Worth, TX 76107
      View Details
    • $1,000,000

      Six-Unit Multifamily in Cultural District

      Investment opportunity in Fort Worth's cultural district near dining, entertainment.
      3828 W 7Th St, Fort Worth, TX 76107
      View Details
    • $349,000
      0.16 Acres

      Residential Land in Arlington Heights

      Land for dream home in prime Fort Worth location.
      3800 Bryce Ave, Fort Worth, TX 76107
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      200 SF

      Fort Worth Commercial Kitchen Space

      200 sq ft Ghost Kitchen - Turnkey Solution
      3004 Cullen St, Fort Worth, TX 76107
      View Details
    • $24 SF/Yr
      17,850 SF

      Prime Fort Worth Office Space

      Hulen St. Office Suites Available
      3801 Hulen St, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      9,800 SF

      Fort Worth Retail Space Available

      9,800 SF Retail/Restaurant, 1,426 SF Vacant
      3501 Prevost St, Fort Worth, TX 76107
      View Details
    • $25 SF/Yr
      27,766 SF

      Hulen Street Office Complex

      Modern Office Space, Prime Location
      3509 Hulen St, Fort Worth, TX 76107
      View Details
    • $7 SF/Yr
      14,475 SF

      Prime Foch Street Warehouse

      14,475 SF Warehouse - Single Tenant
      200 Foch St, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      233,897 SF

      Fort Worth Mixed-Use Warehouse Space

      Prime Fort Worth location, multiple units available.
      821 Foch St, Fort Worth, TX 76107
      View Details
    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.
    1601 Riv Run
    Fort Worth, TX 76107-6509
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.