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    Property profile & analytics

    1636 Western Ctr Blvd Fort Worth, TX 76131-2202

    • Medical Office Space
    • 3,900 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3220533
    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

    • Bentz Physical Therapy / Rehabilitation Center / Massage Therapist

    Property Details for 1636 Western Ctr Blvd

    Year built
    2021
    Lot size
    0.84 lot acres
    Property size
    3,900 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    16352-A-4
    APU
    16352A4

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3407
    Latitude
    32.8632
    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
    $21,808
    $292,208
    $741,292
    $1,033,500
    -
    $292,208
    $741,292
    $1,033,500

    Comparable in this City

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      $565,000
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      MEDICAL BUILDING • 5,975 SF
      616 Bailey Boswell Rd, Saginaw, TX 76131-3575
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    • Value Estimation
      $1,000,000
      15,959 SF

      516 Bonds Rnch Rd

      MEDICAL BUILDING • 15,959 SF
      516 Bonds Rnch Rd, Fort Worth, TX 76131-3904
      View Details
    • Value Estimation
      $590,000
      5,525 SF

      2710 Western Ctr Blvd

      MEDICAL BUILDING • 5,525 SF
      2710 Western Ctr Blvd, Fort Worth, TX 76131-4301
      View Details
    • Value Estimation by Request
      4,549 SF

      608 Bailey Boswell Rd

      DENTAL BUILDING • 4,549 SF
      608 Bailey Boswell Rd, Saginaw, TX 76131-3569
      View Details
    • Value Estimation by Request
      7,500 SF

      512 Bonds Ranch Rd

      Medical Office Space • 7,500 SF
      512 Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • Value Estimation
      $1,330,000
      98,450 SF

      6101 Old Denton Rd

      HOMES (RETIRED, NURSING) • 98,450 SF
      6101 Old Denton Rd, Fort Worth, TX 76131-4316
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,872 SF

      Prime Fort Worth Medical Office

      8,872 SF, 10-Year NNN Lease, High NOI
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      8,889 SF

      New Fort Worth NNN Property

      Single-tenant, triple-net leased property in fast-growing Fort Worth, Texas.
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      7,514 SF

      Fort Worth Office Building For Sale

      Office building with long-term tenants in a growing area.
      512 W Bonds Ranch Rd, Fort Worth, TX 76131
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      8.08 Acres

      Saginaw, TX Commercial Land Pads

      ±8 Acres, Prime Commercial Location
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    • Contact for pricing
      43.00 Acres

      Fort Worth Commercial Land - 43 Acres

      Prime 43-acre commercial land, I-35W & Heritage Trace Pkwy.
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    • $2,600,000
      9.49 Acres

      Fort Worth Land for Sale

      9.4 acre commercial land parcel in Fort Worth, Texas.
      8800 Blue Mound Rd, Fort Worth, TX 76131
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    Similar Nearby for Lease

    • $25 SF/Yr

      Saginaw Retail/Office/Restaurant Space Available

      1875 SF space suitable for office, retail, or restaurant.
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      900 SF

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      900 sq ft office/warehouse space in Fort Worth.
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    • Contact for pricing
      2,161 SF

      Prime Retail/Office Space Available

      Located near I-35W, ideal for professional or medical services.
      2720 Western Center Blvd, Fort Worth, TX 76131
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    • $11 SF/Yr
      45,000 SF

      Blue Mound Rd Warehouse Space

      Flexible Warehouse Space in Blue Mound, TX
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      1,875 SF

      Retail/Restaurant Space For Rent

      Excellent location with existing grease trap and great finish.
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    • $1,500 /Mo
      18,382 SF

      Office Space on Blue Mound

      Office space for rent on Blue Mound Road in Saginaw.
      340 S Blue Mound Rd, Fort Worth, TX 76131
      View Details
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    1636 Western Ctr Blvd
    Fort Worth, TX 76131-2202
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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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