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

    2716 Prestige Rd Fort Worth, TX 76244-9534

    • Warehouses
    • 18,400 SF
    • 2.28 lot acres
    OFF-MARKET
    Value Estimations
    $1,315,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2762792
    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

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 2716 Prestige Rd

    Year built
    2006
    Lot size
    2.28 lot acres
    Property size
    18,400 SF
    Property type
    Warehouses
    APN
    27385--2
    APU
    273852

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,439,000
      Market price range: $525k - $2.58M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,585,000
      Current use
      OFFICE BUILDING
      $1,995,000
      Change: +26% Conversion: Difficult
      MEDICAL BUILDING
      $1,470,000
      Change: -7% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,465,000
      Change: -8% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3057
    Latitude
    32.9276
    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
    $29,785
    $297,558
    $1,019,690
    $1,317,248
    -
    $297,558
    $1,019,690
    $1,317,248

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      4732 Keller Haslet Rd

      WAREHOUSE, STORAGE • 1,200 SF
      4732 Keller Haslet Rd, Fort Worth, TX 76244-8101
      View Details
    • Value Estimation
      $12,365,000
      192,715 SF

      5800 Wall Price Keller Rd

      MINI-WAREHOUSE, STORAGE • 192,715 SF
      5800 Wall Price Keller Rd, Fort Worth, TX 76244-5527
      View Details
    • Value Estimation
      $2,700,000
      148,300 SF

      4236 Keller Hicks Rd

      MINI-WAREHOUSE, STORAGE • 148,300 SF
      4236 Keller Hicks Rd, Fort Worth, TX 76244-9625
      View Details
    • Value Estimation
      $2,710,000
      43,000 SF

      3019 Keller Hicks Rd

      WAREHOUSE, STORAGE • 43,000 SF
      3019 Keller Hicks Rd, Fort Worth, TX 76244-9041
      View Details
    • Value Estimation
      $1,945,000
      104,484 SF

      4520 Keller Hicks Rd

      MINI-WAREHOUSE, STORAGE • 104,484 SF
      4520 Keller Hicks Rd, Fort Worth, TX 76244-9607
      View Details
    • Value Estimation
      $1,395,000
      12,250 SF

      5700 Kroger Dr

      WAREHOUSE, STORAGE • 12,250 SF
      5700 Kroger Dr, Fort Worth, TX 76244-5686
      View Details

    Similar Nearby for Sale

    • $699,000

      Fort Worth Industrial Opportunity

      Industrial property available for sale in Fort Worth, Texas.
      5761 Park Vista Cir, Keller, TX 76244
      View Details
    • Contact for pricing
      2.30 Acres

      Fort Worth Commercial Land - 2.3 Acres

      Prime Commercial Land, Fort Worth, TX. High-growth area.
      0 Riverside Dr & Golden Triangle Blvd, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      12.30 Acres

      Golden Triangle Commercial Land

      12.3 Acres, Prime Fort Worth Location
      0 Neq Of Golden Triangle Blvd & Bch St, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      3.79 Acres

      Fort Worth Commercial Land Opportunity

      Prime 3.79-Acre Commercial Lot
      4536 Heritage Trace Pkwy, Fort Worth, TX 76244
      View Details
    • $935,000
      1.28 Acres

      Prime Commercial Land Opportunity

      Exceptional commercial land parcel on Golden Triangle Blvd, Fort Worth.
      4709 Golden Triangle Blvd, Fort Worth, TX 76244
      View Details
    • $540,000

      Keller Commercial Land - $540K

      21,622 SF Commercial Lot, Prime Location
      12620 Timberland Blvd, Fort Worth, TX 76244
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      45,884 SF

      Modern Industrial Flex Space in Keller, TX

      High-end flex suites, 915-4,900 sq ft.
      4562 Keller Hicks Rd, Fort Worth, TX 76244
      View Details
    • $12 SF/Yr
      5,000 SF

      Versatile Flex Space in Fort Worth

      Configurable office/warehouse space near I-35W in a high-growth area.
      4520 Keller Hicks Rd, Fort Worth, TX 76244
      View Details
    • $11 SF/Yr
      90,000 SF

      Keller Flex/Warehouse Space Available

      Modern, flexible warehouse space for lease in Keller, Texas.
      12703 Katy Rd, Keller, TX 76244
      View Details
    • Contact for pricing
      26,964 SF

      Fort Worth Flex Space Available

      Flex space available near I-35W, 820 & Hwy 114.
      5950 Park Vista Cir, Keller, TX 76244
      View Details
    • $10 SF/Yr
      43,124 SF

      Fort Worth Warehouse with Offices

      Industrial warehouse space with HVAC offices in high-traffic Fort Worth.
      5940 Kroger Dr, Keller, TX 76244
      View Details
    • Contact for pricing

      Fort Worth Industrial Land Opportunity

      7.58 Acres, Multiple Uses Available
      0 Exposition Way, Fort Worth, TX 76244
      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.
    2716 Prestige Rd
    Fort Worth, TX 76244-9534
    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.