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Property profile & analytics

2707 Race St Fort Worth, TX 76111-2418

  • Strip malls
  • 8,657 SF
  • 0.94 lot acres
OFF-MARKET
Value Estimations
$465,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-4374844
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

  • Frida Beauty Collective / Beautician / Eyebrow Bar
  • ATM / Atm
  • Calisience / Restaurant

Property Details for 2707 Race St

Year built
1948
Lot size
0.94 lot acres
Property size
8,657 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
33315-1-1
APU
3331511

Description

This exceptional 5,116-square-foot restaurant space, located at 2707 Race Street in Fort Worth, Texas, 76111, presents a unique opportunity. Built in 1945 and extensively renovated in 2021, the single-tenant property boasts a modern interior and a prime location in the revitalized River East submarket. The space includes a 570-square-foot covered outdoor patio, perfect for al fresco dining. Inside, you'll find a fully equipped kitchen featuring a large griddle, stove, prep tables, a three-compartment sink, and a spacious walk-in cooler. A 42-foot bar and separate men's and women's restrooms add to the property's appeal. Ample parking is available with 80 spaces in a shared lot behind the building, supplemented by street parking. The property is zoned MU-1 and benefits from excellent visibility and accessibility. The surrounding area has seen significant growth in recent years, with over 1,200 new multi-family units constructed within a half-mile radius, and only two miles from downtown Fort Worth. This location offers a thriving customer base and significant growth potential. The property is a single-story building.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $420,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $507,000
    Market price range: $268k - $508k
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $385,000
    Current use
    WAREHOUSE, STORAGE
    $395,000
    Change: +2% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Fort Worth
County
Tarrant
State
Texas
Longitude
-97.3072
Latitude
32.7736
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
$20,053
$164,132
$788,138
$952,270
-
$164,132
$788,138
$952,270
More about this property
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