Technical
Financial
Distress signals
Property profile

3124 Belknap St Fort Worth, TX 76111

OFF-MARKET
Turn key restaurants
Property ID
US83-3946656
7,000 SF 0.33 ac lot Built 1942
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 482-square-foot retail space, located at 3124 East Belknap in Tarrant County, presents a unique investment opportunity. Currently entirely vacant, this property offers immediate occupancy for a discerning tenant. The building boasts a charming historic design, featuring attractive stained concrete floors and large windows that flood the space with natural light. The open ceiling design provides flexibility for various retail configurations. The property is categorized as a shopping center with multiple tenancy potential, making it ideal for a single occupant or a smaller multi-tenant setup. The building's layout is divided into two distinct areas, allowing for creative space planning to suit specific business needs. This location in Tarrant County offers excellent visibility and accessibility, providing a strong foundation for a thriving retail enterprise. The property's size, combined with its unique architectural features and prime location, makes it an attractive proposition for businesses seeking a distinctive and functional retail space. The 482 square feet of available space presents a manageable footprint for a variety of retail concepts, while the historic charm adds significant character and appeal. This is a rare opportunity to acquire a well-positioned retail property in a desirable Tarrant County location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1942
Total area 7,000 SF
Lot 0.33 ac (14,248 SF)
APN 27160----1----1---20
UPID US83-3946656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store
  • Restaurant
  • Hair Salon Nail Salon
  • Hair Salon

Location

3124 Belknap St Fort Worth, TX 76111-4120
Fort Worth metro Census 101202 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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