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

    2724 Tillar St Fort Worth, TX 76107

    • Industrial properties
    • 13,350 SF
    • 0.41 lot acres
    OFF-MARKET
    Last Sale
    May 14, 2020
    Value Estimations
    $390,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4851866
    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

    • Industrial properties

    Property Details for 2724 Tillar St

    Year built
    1954
    Lot size
    0.41 lot acres
    Property size
    13,350 SF
    Property type
    Industrial properties
    APN
    1450-10-9
    APU
    1450109

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $390,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $275,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $640,000
      Change: +135% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3557
    Latitude
    32.7606
    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
    $10,431
    $36,000
    $425,000
    $461,000
    -
    $36,000
    $425,000
    $461,000

    Comparable in this City

    • Value Estimation
      $255,000
      7,561 SF

      205 Arthur St

      HEAVY INDUSTRIAL • 7,561 SF
      205 Arthur St, Fort Worth, TX 76107
      View Details
    • Value Estimation
      $305,000
      9,375 SF

      205 Arthur St

      HEAVY INDUSTRIAL • 9,375 SF
      205 Arthur St, Fort Worth, TX 76107
      View Details
    • Value Estimation
      $425,000
      15,000 SF

      210 Rupert St

      HEAVY INDUSTRIAL • 15,000 SF
      210 Rupert St, Fort Worth, TX 76107-1428
      View Details
    • Value Estimation
      $240,000
      2,128 SF

      203 Arthur St

      HEAVY INDUSTRIAL • 2,128 SF
      203 Arthur St, Fort Worth, TX 76107
      View Details
    • Value Estimation
      $275,000
      8,038 SF

      2700 Tillar St

      HEAVY INDUSTRIAL • 8,038 SF
      2700 Tillar St, Fort Worth, TX 76107
      View Details
    • Value Estimation
      $1,060,000
      79,140 SF

      2400 Shamrock Ave

      HEAVY INDUSTRIAL • 79,140 SF
      2400 Shamrock Ave, Fort Worth, TX 76107-1429
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,750 SF

      Fort Worth Industrial Portfolio

      Prime Fort Worth Flex Space, 3 Buildings
      1701 White Settlement Rd, Fort Worth, TX 76107
      View Details
    • $4,250,000
      25,000 SF

      Two Industrial Buildings For Sale

      Two industrial buildings totaling 25,000 SF in Fort Worth.
      2909 Shamrock Ave, 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
    • 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
    • $120,000
      0.14 Acres

      Corner Lot in Como Neighborhood

      Corner lot in growing Como neighborhood, ready for development.
      5437 Houghton Ave, Fort Worth, TX 76107
      View Details
    • $499,000

      Fort Worth Duplex Near Cultural District

      Well-maintained duplex near Cultural District and Dickies Arena.
      3712 Dexter Ave, 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
      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
    • $7 SF/Yr
      14,475 SF

      Prime Foch Street Warehouse

      14,475 SF Warehouse - Single Tenant
      200 Foch St, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      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
      8,775 SF

      Fort Worth Retail Space - 8775 SF

      Free-standing retail building, ample parking.
      920 Foch St, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      291,121 SF

      Montgomery Plaza Retail Space

      Fort Worth retail space, multiple suites available.
      7th St. & Carroll St, 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.
    2724 Tillar St
    Fort Worth, TX 76107
    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.