3434 7th St Fort Worth, TX 76107-2719
This 2,300 square foot storefront, located at 3434 W 7th St, Fort Worth, TX 76107, presents a unique investment opportunity. The single-story building, constructed in 1955, sits on a 6,900 square foot lot and is zoned E. The structure features masonry with siding, a composition roof, and central heating and air conditioning. Two restrooms are included. The property is currently in poor condition and requires renovation. Parking is provided by 3 to 4 covered spaces. The building is conveniently located a half block east of Montgomery Street, on the north side of West 7th Street, placing it in a high-traffic area with significant potential. The asking price is $550,000. Please note that mineral rights will be retained by the seller. This property is ideal for an investor looking for a renovation project with significant upside in a desirable Fort Worth location. The property's size and location offer considerable potential for a variety of retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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