Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2616 White Settlement Rd Fort Worth, TX 76107-1330
    Property profile & analytics

    2616 White Settlement Rd Fort Worth, TX 76107-1330

    View on Map
    • Warehouses
    • 14,709 SF
    • 0.52 lot acres
    Off-Market
    Last Sale Jun 22, 2023
    Property ID
    US83-2833134
    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.
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Metroplex Refrigeration & Rest / Hardware & Home Improvement / HVAC Service

    Property Details for 2616 White Settlement Rd

    Year built
    1947
    Lot size
    0.52 lot acres
    Property size
    14,709 SF
    Property type
    Warehouses
    APN
    -1450---16----8A--20
    APU
    1450168A20

    Description

    This 5,504-square-foot creative office space in Fort Worth, Texas, is situated on a 0.69-acre lot with 200 feet of frontage on White Settlement Road, offering excellent visibility and accessibility. The property features ample on-site parking, including a dedicated street lane, and a fenced lot. An outdoor patio area provides additional space for entertainment or a courtyard. Currently undergoing renovations, including a new roof, electrical upgrades, and fresh paint, the space offers a 15'11" clear height. The building is divisible, with a minimum leasable area of 2,000 square feet and a maximum contiguous space of 5,504 square feet. Ideal for a variety of uses, including coffee shops, restaurants, retail businesses, or creative office tenants. The property is located in Tarrant County, at 2616 White Settlement Rd, Fort Worth, TX 76107. Delivery of the renovated space will be determined based on the leasing timeline. The property boasts two curb cuts for convenient access.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $470,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $613,000
      Market price range: $372k - $890k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $545,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $710,000
      Change: +29% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3537
    Latitude
    32.7595
    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
    $12,180
    $225,000
    $576,640
    $801,640
    -
    $225,000
    $576,640
    $801,640

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      2400 Cullen St

      WAREHOUSE, STORAGE • 0.16 Acres
      2400 Cullen St, Fort Worth, TX 76107-1412
      View Details
    • Value Estimation
      $1,975,000
      52,560 SF

      2721 Whitmore St

      MINI-WAREHOUSE, STORAGE • 52,560 SF
      2721 Whitmore St, Fort Worth, TX 76107
      View Details
    • Value Estimation
      $4,105,000
      76,880 SF

      2808 Tillar St

      WAREHOUSE, STORAGE • 76,880 SF
      2808 Tillar St, Fort Worth, TX 76107-1323
      View Details
    • Value Estimation
      $1,025,000
      27,650 SF

      5000 Vickery Blvd

      MINI-WAREHOUSE, STORAGE • 27,650 SF
      5000 Vickery Blvd, Fort Worth, TX 76107-7517
      View Details
    • Value Estimation by Request
      11,700 SF

      2501 Cullen St

      WAREHOUSE, STORAGE • 11,700 SF
      2501 Cullen St, Fort Worth, TX 76107-8403
      View Details
    • Value Estimation
      $1,145,000
      39,744 SF

      2848 Cullen St

      WAREHOUSE, STORAGE • 39,744 SF
      2848 Cullen St, Fort Worth, TX 76107-1306
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      55,277 SF

      Fort Worth Warehouse Space

      55,277 square foot warehouse in Fort Worth, Texas.
      200 Greenleaf St, Fort Worth, TX 76107
      View Details
    • $3,500,000
      11,300 SF

      Versatile Industrial/Flex Space in DFW

      11,300 SF industrial/flex space in a high-demand DFW location.
      3621 Collinwood Ave, Fort Worth, TX 76107
      View Details
    • $1,950,000
      0.50 Acres

      Fort Worth Industrial/Office Building

      Spacious building near downtown, river, and cultural districts.
      2313 Cullen St, Fort Worth, TX 76107
      View Details
    • Contact for pricing

      Prime Location Near Downtown

      Ideally situated property near downtown Fort Worth with easy access.
      1701 White Settlement Rd, Fort Worth, TX 76107
      View Details
    • $549,900
      0.15 Acres

      Residential Land in Fort Worth

      Unimproved land suitable for a custom single-family home.
      4933 Bryce Ave, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      49,978 SF

      Fully Leased Fort Worth Asset

      Prime location in Fort Worth's West 7th District.
      2800 Bledsoe St, Fort Worth, TX 76107
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Fort Worth Warehouse/Office Space

      Multi-tenant warehouse/office building near downtown Fort Worth.
      2711-2725 Cullen St, Fort Worth, TX 76107
      View Details
    • Contact for pricing

      Industrial Space with Fenced Yard

      Industrial property featuring office space and a small fenced yard.
      200 N Foch St, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      4,200 SF

      Warehouse Space with High Visibility

      2,100 SF warehouse space ideal for a showroom.
      3917 Hulen St, Fort Worth, TX 76107
      View Details
    • $12 SF/Yr
      4,200 SF

      Industrial Warehouse Space Available

      4,200 SF warehouse space with office and industrial features.
      1035 N Henderson St, Fort Worth, TX 76107
      View Details
    • Contact for pricing

      Retail Building Near Dickies Arena

      Class B retail building located near Dickies Arena.
      2312 Montgomery St, Fort Worth, TX 76107
      View Details
    • Contact for pricing

      Westbend

      Discover many ways to work your way in Westbend
      1751 River Run, 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.
    2616 White Settlement Rd
    Fort Worth, TX 76107-1330
    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

    Thank You for Inquiry
    2616 White Settlement Rd, Fort Worth, TX, 76107
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!