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

    2640 30Th St Fort Worth, TX 76106

    • Commercial land
    • 14,581 SF
    • 0.84 lot acres
    For Sale
    View listing
    $1,025,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3828463
    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

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 2640 30Th St

    Year built
    1984
    Lot size
    0.84 lot acres
    Property size
    14,581 SF
    Property type
    Commercial land
    APN
    22210-15-1R1
    APU
    22210151R1

    Description

    This exceptional .84-acre commercial land parcel presents a unique development opportunity in Tarrant County. Strategically located at the intersection of NE 30th Street and the North Freeway (IH-35W), this single-tenant site boasts unparalleled visibility and accessibility. Situated midway between IH-30 and Loop 820, it benefits from being in one of Tarrant County's most dynamic commercial and residential corridors. The property's I-Light Industrial zoning allows for a wide range of development possibilities, catering to businesses seeking a prominent location with excellent freeway access. Its proximity to major transportation arteries ensures seamless connectivity to the entire region. Furthermore, the site's location offers convenient access to significant landmarks, including the historic Fort Worth Stockyards, Fort Worth Meacham International Airport, and the city's vibrant cultural district, encompassing museums and the Fort Worth Botanic Garden. This prime location, combined with its high visibility and accessibility, makes this land a truly exceptional investment opportunity for discerning developers seeking a strategic foothold in a thriving market. The site's size and zoning provide flexibility for a variety of commercial or light industrial projects, capitalizing on the area's robust growth and strong demand for commercial space.

    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
    -97.3224
    Latitude
    32.7992
    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
    $1,235
    $54,584
    $0.00
    $54,584
    -
    $54,584
    $0.00
    $54,584

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      3121 Main St

      VACANT COMMERCIAL LAND • 0.16 Acres
      3121 Main St, Fort Worth, TX 76106-5833
      View Details
    • Value Estimation by Request
      0.13 Acres

      3525 Main St

      VACANT COMMERCIAL LAND • 0.13 Acres
      3525 Main St, Fort Worth, TX 76106-4348
      View Details
    • Value Estimation by Request
      15.53 Acres

      4466 Angle Ave

      VACANT COMMERCIAL LAND • 15.53 Acres
      4466 Angle Ave, Fort Worth, TX 76106
      View Details
    • Value Estimation by Request
      0.23 Acres

      4403 Angle Ave

      VACANT COMMERCIAL LAND • 0.23 Acres
      4403 Angle Ave, Fort Worth, TX 76106-3449
      View Details
    • Value Estimation by Request
      0.23 Acres

      Angle Ave

      VACANT COMMERCIAL LAND • 0.23 Acres
      Angle Ave, Fort Worth, TX 76106
      View Details
    • Value Estimation by Request
      1.67 Acres

      4203 Angle Ave

      VACANT COMMERCIAL LAND • 1.67 Acres
      4203 Angle Ave, Fort Worth, TX 76106
      View Details

    Similar Nearby for Sale

    • $100,000
      0.16 Acres

      Fort Worth Land Opportunity

      Land in established Fort Worth neighborhood, close to Stockyards.
      3007 Clinton Ave, Fort Worth, TX 76106
      View Details
    • Contact for pricing

      Land on Marine Creek Parkway

      Land with utilities on Marine Creek Parkway.
      6000 Marine Creek Pkwy, Fort Worth, TX 76106
      View Details
    • $210,000
      0.16 Acres

      Commercial Land on Azle Avenue

      Commercial land for sale near Fort Worth Stockyards and Downtown.
      2819 Azle Ave, Fort Worth, TX 76106
      View Details
    • Contact for pricing

      Commercial Land I-820 Frontage

      Commercial land with I-820 frontage, suitable for various uses.
      107 E Eight Twenty Blvd, Fort Worth, TX 76106
      View Details
    • Contact for pricing
      0.16 Acres

      Land Lot in Fort Worth

      Unimproved land available in North Fort Worth, Texas.
      3107 Weber St, Fort Worth, TX 76106
      View Details
    • $3,088,500

      Commercial Land South of I-30

      10.4 acres of commercial land with frontage on Loop 820.
      2020 Loop 820 E, Fort Worth, TX 76106
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Fort Worth Industrial Land

      .84-acre lot, I-Light Industrial zoning.
      2640 30Th St, Fort Worth, TX 76106
      View Details
    • Contact for pricing
      348,480 SF

      Fort Worth Commercial Land Opportunity

      Eight Acres, Prime Commercial Location
      5050 Azle Ave, Fort Worth, TX 76106
      View Details
    • Contact for pricing
      103,007 SF

      Fort Worth Warehouse Space Available

      103,007 SF warehouse space available for lease.
      700 Eight Twenty Blvd, Fort Worth, TX 76106
      View Details
    • Contact for pricing
      50,668 SF

      New Industrial Space Available

      Modern industrial property with ESFR sprinklers, available for lease.
      2900 Mark Iv Pkwy, Fort Worth, TX 76106
      View Details
    • Contact for pricing
      305,255 SF

      Rail-Served Distribution Building Available

      Distribution building with rail access, sublease opportunity, excellent labor market.
      401-441 Railhead Rd, Fort Worth, TX 76106
      View Details
    • Contact for pricing
      15,000 SF

      Fort Worth Warehouse Space Available

      15,000 SF warehouse with office space for lease.
      701 Eight Twenty Blvd, Fort Worth, TX 76106
      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.
    2640 30Th St
    Fort Worth, TX 76106
    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.