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
    Back to Search
    Property profile & analytics

    2400 Western Ctr Blvd Fort Worth, TX 76131-1322

    • Commercial real estate
    • 27.36 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-0220518
    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

    • BNSF Railway Information Technology Center / Railroad Company
    • BNSF Railway TOB / Railroad Company

    Property Details for 2400 Western Ctr Blvd

    Lot size
    27.36 lot acres
    Property type
    Commercial real estate
    APN
    30255-1-1R1
    APU
    3025511R1

    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
    -97.3251
    Latitude
    32.8598
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6.46 Acres

      775 Industrial Ave

      COMMERCIAL (GENERAL) • 6.46 Acres
      775 Industrial Ave, Saginaw, TX 76131
      View Details
    • Value Estimation
      $1,090,000
      119,540 SF

      1150 Blue Mound Rd

      COMMERCIAL (GENERAL) • 119,540 SF
      1150 Blue Mound Rd, Fort Worth, TX 76131
      View Details
    • Value Estimation by Request
      5,000 SF

      6600 Fwy Service Rd

      Restaurants • 5,000 SF
      6600 Fwy Service Rd, Fort Worth, TX 76131
      View Details
    • Value Estimation
      $290,000
      7.74 Acres

      600 Industrial Ave

      COMMERCIAL (GENERAL) • 7.74 Acres
      600 Industrial Ave, Fort Worth, TX 76131
      View Details
    • Value Estimation
      $355,000
      21.99 Acres

      801 Blue Mound Rd

      COMMERCIAL (GENERAL) • 21.99 Acres
      801 Blue Mound Rd, Blue Mound, TX 76131
      View Details
    • Value Estimation
      $260,000
      2,772 SF

      851 Mcleroy Blvd

      COMMERCIAL (GENERAL) • 2,772 SF
      851 Mcleroy Blvd, Saginaw, TX 76131
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8.08 Acres

      Saginaw, TX Commercial Land Pads

      ±8 Acres, Prime Commercial Location
      0 Saginaw - Nwq - Sassafras St. & Bailey Boswell Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      43.00 Acres

      Fort Worth Commercial Land - 43 Acres

      Prime 43-acre commercial land, I-35W & Heritage Trace Pkwy.
      I-35w & Heritage Trce Pkwy, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      11.00 Acres

      Saginaw, TX Commercial Land

      11 acres, CC Zoning, I-35W access
      715 Bailey Boswell Rd, Saginaw, TX 76131
      View Details
    • Contact for pricing
      1.00 Acre

      I-35 Commercial Land - Fort Worth

      Prime 17-acre commercial lot, I-35 frontage.
      5851 North Fwy, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      22.40 Acres

      Saginaw, TX Commercial Land

      ±22.4 Acres, Commercial Zoning, Prime Location
      0 Nec Bailey Boswell Rd & Comanche Spg Dr, Saginaw, TX 76131
      View Details
    • $980,100
      0.75 Acres

      Prime Fort Worth Commercial Land

      0.75-acre lot, $980,100
      6836 Blue Mound Rd, Fort Worth, TX 76131
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      33,456 SF

      Bonds Ranch Marketplace Retail Space

      High-traffic retail spaces available now.
      0 Bonds Ranch Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      4,000 SF

      Warehouse Space with Bay Doors

      4,000 sq ft warehouse with office and restroom.
      880 S Blue Mound Rd, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      304,665 SF

      New Industrial Property For Lease

      New industrial property with dock doors and great access.
      8200 Harmon Rd, Fort Worth, TX 76131
      View Details
    • $11 SF/Yr
      45,000 SF

      Blue Mound Rd Warehouse Space

      Flexible Warehouse Space in Blue Mound, TX
      910-990 Blue Mound Rd, Blue Mound, TX 76131
      View Details
    • $23 SF/Yr
      19,904 SF

      Fort Worth Retail Center Opportunity

      High-visibility retail space, I-35W access.
      2901 Fair Dr, Fort Worth, TX 76131
      View Details
    • Contact for pricing
      9,750 SF

      Industrial Space with Loop 820 Visibility

      Shallow bay industrial suites with excellent visibility on Loop 820.
      9024 Glenn Dr, White Settlement, TX 76131
      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.
    2400 Western Ctr Blvd
    Fort Worth, TX 76131-1322
    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.