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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1918 Josh Rd Fort Worth, TX 76177-7041

    • Investment properties
    • 4,120 SF
    • 1.00 lot acres
    OFF-MARKET
    Last Sale
    Jan 29, 2021
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3882451
    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

    • American Gunite Inc / Contractor
    • Harvest Landscaping & Lawn Cr / Landscape Designer

    Property Details for 1918 Josh Rd

    Year built
    1987
    Lot size
    1.00 lot acres
    Property size
    4,120 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    A 999-7C15
    APU
    A9997C15

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $210,000
      Current use
      MEDICAL BUILDING
      $495,000
      Change: +136% Conversion: Easy
      AUTO REPAIR, GARAGE
      $465,000
      Change: +121% Conversion: Difficult
      RETAIL STORES
      $395,000
      Change: +90% Conversion: Easy
      OFFICE BUILDING
      $360,000
      Change: +73% Conversion: Easy
      WAREHOUSE, STORAGE
      $335,000
      Change: +60% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3219
    Latitude
    32.9275
    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
    $11,690
    $84,942
    $451,646
    $536,588
    -
    $84,942
    $451,646
    $536,588

    Comparable in this City

    • Value Estimation
      $725,000
      159,571 SF

      2301 Horizon Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 159,571 SF
      2301 Horizon Dr, Fort Worth, TX 76177-5300
      View Details
    • Value Estimation
      $255,000
      2.70 Acres

      1910 Josh Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.70 Acres
      1910 Josh Rd, Fort Worth, TX 76177
      View Details
    • Value Estimation by Request
      4,100 SF

      9409 Sage Meadow Trl

      Investment properties • 4,100 SF
      9409 Sage Meadow Trl, Fort Worth, TX 76177
      View Details
    • Value Estimation by Request
      1.44 Acres

      Neq -135 & Westport Pkwy

      Land • 1.44 Acres
      0 Neq -135 & Westport Pkwy, Fort Worth, TX 76177
      View Details
    • Value Estimation by Request
      0.91 Acres

      3033 Alliance Gtwy Fwy

      VACANT COMMERCIAL LAND • 0.91 Acres
      3033 Alliance Gtwy Fwy, Fort Worth, TX 76177-2453
      View Details
    • Value Estimation by Request
      11.18 Acres

      14300 Heritage Pkwy

      VACANT COMMERCIAL LAND • 11.18 Acres
      14300 Heritage Pkwy, Fort Worth, TX 76177-3300
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Future Pad Sites Available

      Land available for pad sites with utilities in 2025.
      2700 Maple Creek Dr, Fort Worth, TX 76177
      View Details
    • $580,000
      8.99 Acres

      Unimproved Land in Haslet, TX

      8.99 acres of land for sale in Haslet, Texas.
      895 Harmon Rd, Haslet, TX 76177
      View Details
    • $2,820,000
      9.99 Acres

      Unimproved Land in Haslet, Texas

      Two parcels totaling approximately 12.38 acres in Haslet, Texas.
      405 Harmon Rd, Haslet, TX 76177
      View Details
    • $1,650,000
      6.00 Acres

      Unimproved Land in Haslet, TX

      6-acre land tract offered for sale in Haslet, Texas.
      589 Harmon Rd, Haslet, TX 76177
      View Details
    • $2,062,000
      6.80 Acres

      Fort Worth Commercial Land - 6.8 Acres

      Prime Commercial Land, Alliance Area
      3309 Keller Haslet Rd, Fort Worth, TX 76177
      View Details
    • $500,000
      1.68 Acres

      Land Tract in Haslet, TX

      1.68-acre land tract offered for sale in Haslet, TX.
      740 Harmon Rd, Haslet, TX 76177
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      33,784 SF

      Fort Worth Warehouse Space Available

      Modern warehouse, flexible space, Denton County.
      13181 Harmon Rd, Fort Worth, TX 76177
      View Details
    • Contact for pricing
      209,081 SF

      Class A Office Building

      Two-story Class A office building with hangar space for lease.
      13901 Aviator Way, Fort Worth, TX 76177
      View Details
    • Contact for pricing
      15,000 SF

      Modern Warehouse with Fenced Yard

      Office/warehouse built in 2019 with a large fenced yard.
      13085 Harmon Rd, Fort Worth, TX 76177
      View Details
    • Contact for pricing
      900 SF

      Office Space for Rent

      Office space available for rent in Fort Worth, TX.
      1941 Golden Heights Rd, Fort Worth, TX 76177
      View Details
    • $7 SF/Yr
      36,000 SF

      Alliance Gateway Office Space Available

      36,000 RSF office space with freeway access, available 2025.
      4400 Alliance Gateway Fwy, Fort Worth, TX 76177
      View Details
    • $20 SF/Yr
      2,922 SF

      Retail Space Near Alliance Airport

      Retail space available near I-35W and Westport Pkwy.
      2421 Westport Pkwy, Fort Worth, TX 76177
      View Details
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    1918 Josh Rd
    Fort Worth, TX 76177-7041
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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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