Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1902 Windsor Pl Fort Worth, TX 76110-1865

    • Medical Office Space
    • 29,526 SF
    • 2.73 lot acres
    OFF-MARKET
    Last Sale
    Apr 16, 2024
    Value Estimations
    $3,655,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-0194155
    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

    • Dr. Koshy Abraham / Physician / Medical Clinic
    • U.S. Renal Care / Medical Clinic
    • Raju Patil / Physician / Medical Clinic
    • MICHELLE C BOUDRIA / Physician
    • Lisa Philip Philip Mathew / Physician

    Property Details for 1902 Windsor Pl

    Year built
    2020
    Lot size
    2.73 lot acres
    Property size
    29,526 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    41260-1-1R2
    APU
    4126011R2

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,385,000
      Market price range: $1.71M - $3.59M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,595,000
      Current use
      COMMERCIAL (GENERAL)
      $4,885,000
      Change: +88% Conversion: Easy
      RESTAURANT
      $4,020,000
      Change: +55% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,850,000
      Change: +48% Conversion: Difficult
      RETAIL STORES
      $3,310,000
      Change: +28% Conversion: Difficult
      OFFICE BUILDING
      $3,200,000
      Change: +23% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3453
    Latitude
    32.7232
    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
    $174,799
    $1,784,430
    $6,265,570
    $8,050,000
    -
    $1,784,430
    $6,265,570
    $8,050,000

    Comparable in this City

    • Value Estimation
      $9,630,000
      86,742 SF

      1800 Park Pl Ave

      MEDICAL BUILDING • 86,742 SF
      1800 Park Pl Ave, Fort Worth, TX 76110-1381
      View Details
    • Value Estimation
      $955,000
      10,677 SF

      2221 8th Ave

      MEDICAL BUILDING • 10,677 SF
      2221 8th Ave, Fort Worth, TX 76110-1812
      View Details
    • Value Estimation
      $670,000
      8,246 SF

      1812 Park Pl Ave

      MEDICAL BUILDING • 8,246 SF
      1812 Park Pl Ave, Fort Worth, TX 76110-1381
      View Details
    • Value Estimation by Request
      2,676 SF

      1717 Main St

      MEDICAL BUILDING • 2,676 SF
      1717 Main St, Fort Worth, TX 76110-1626
      View Details
    • Value Estimation by Request
      3,239 SF

      1830 8th Ave

      MEDICAL BUILDING • 3,239 SF
      1830 8th Ave, Fort Worth, TX 76110-1391
      View Details
    • Value Estimation by Request
      3,192 SF

      3109 6th Ave

      MEDICAL BUILDING • 3,192 SF
      3109 6th Ave, Fort Worth, TX 76110-3800
      View Details

    Similar Nearby for Sale

    • $849,000
      2,052 SF

      Hemphill St. Commercial Gem

      Fort Worth storefront, high visibility
      2700 Hemphill St, Fort Worth, TX 76110
      View Details
    • $549,000
      5,865 SF

      High-Visibility Fort Worth Commercial Property

      Adaptable showroom/flex space with office in a strong commercial corridor.
      3850 South Fwy, Fort Worth, TX 76110
      View Details
    • Contact for pricing
      1,952 SF

      Hemphill Street Office Building

      Fort Worth office, 100% occupied, NNN lease.
      2812 Hemphill St, Fort Worth, TX 76110
      View Details
    • $849,000
      2,052 SF

      High-Visibility Commercial Location on Hemphill

      Prime commercial property on Hemphill Street, Fort Worth. 2,052 SF.
      2700 Hemphill St, Fort Worth, TX 76110
      View Details
    • $500,000
      0.49 Acres

      Fort Worth Commercial Property

      Versatile commercial property suitable for various uses in Fort Worth.
      3819 Mccart Ave, Fort Worth, TX 76110
      View Details
    • $700,000
      0.76 Acres

      Residential Land in Ryan Place

      Rare opportunity to build your dream home in historic Ryan Place.
      W Lowden St, Fort Worth, TX 76110
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Fort Worth Commercial Space

      Modern commercial space in a vibrant, accessible Fort Worth location.
      1905 8Th Ave, Fort Worth, TX 76110
      View Details
    • $16 SF/Yr
      6,000 SF

      Fort Worth Office Space Available

      6,000 square foot office space for lease in Fort Worth.
      4059 Bryan Ave, Fort Worth, TX 76110
      View Details
    • Contact for pricing
      6,323 SF

      Fort Worth Office Space Available

      Office space for rent near La Gran Plaza Shopping Center.
      415 East Bolt St, Fort Worth, TX 76110
      View Details
    • $17 SF/Yr
      9,074 SF

      Fort Worth Retail Space Available

      Prime Retail/Office Space, Fort Worth, TX
      415 Bolt St, Fort Worth, TX 76110
      View Details
    • Contact for pricing

      Modern Office Space in Fort Worth

      Contemporary office space with versatile floor plans and ample parking.
      2216 Forest Park Blvd, Fort Worth, TX 76110
      View Details
    • $15 SF/Yr
      141,118 SF

      Fort Worth Multi-Tenant Property

      141,118 SF Industrial/Office Complex
      1901 Windsor Pl, Fort Worth, TX 76110
      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.
    1902 Windsor Pl
    Fort Worth, TX 76110-1865
    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!