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Property profile & analytics
FOR LEASE
Investment properties

3101 Alta Mere Dr Fort Worth, TX 76116

10,000 SF 0.73 ac lot Built 1978
Trust Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US82-1934845
Property summary
AI-generated overview

This exceptional freestanding retail property, located at 3101 Alta Mere Dr in Fort Worth, Texas, presents a compelling investment opportunity. The 10,000 square foot building, constructed in 1978, sits on a 0.73-acre lot and is classified as Class C. Currently, 6,960 square feet are available for lease, offering significant potential for a single tenant. The property boasts 30 parking spaces, ensuring ample customer convenience. Its strategic location on Alta Mere Drive (183), which sees a daily traffic count of 31,400 vehicles, provides exceptional visibility and accessibility. Prominent signage opportunities, including a large pylon and building facade, further enhance its marketing potential. A dedicated turn lane adds to the ease of access. The property's zoning is CO. Its proximity to I-30 and numerous established businesses, including Cycle Gear, Drive Time, and Caliber Collision, as well as hotels like La Quinta and Hampton Inn, creates a vibrant and attractive commercial environment. The property's parcel number is 00026468. This is a rare opportunity to acquire a well-positioned retail space in a high-traffic area of Fort Worth.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1978
Total area 10,000 SF
Lot 0.73 ac (31,707 SF)
APN 490-15-1R
UPID US82-1934845
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.97M
Blend (final) Blend
$1.72M
Owner & transaction history
Garris Family Trust · 6 yrs held
Garris Family Trust
since 2020
5 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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