Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3500 Hls Ave Fort Worth, TX 76109-3676
    Property profile & analytics

    3500 Hls Ave, Fort Worth, TX 76109-3676

    View on Map
    • Grocery and convenience stores
    • 806 SF
    • 0.35 lot acres
    Off-Market
    Property ID
    US82-1190277
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 3500 Hls Ave

    Year built
    1969
    Lot size
    0.35 lot acres
    Property type
    Grocery and convenience stores
    APN
    -5940----3---10---20
    APU
    594031020

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 3, 2007 — Saykot Ents INC Sudduha,sham Grant Deed $327k · Excel National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3675
    Latitude
    32.6966
    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
    $4,720
    $60,240
    $149,760
    $210,000
    -
    $60,240
    $149,760
    $210,000

    Comparable in this City

    • Value Estimation by Request
      0.86 Acres

      3109 Wabash Ave

      GROCERY, SUPERMARKET
      3109 Wabash Ave, Fort Worth, TX 76109
      View Details
    • Value Estimation
      $1,820,000
      13,718 SF

      2701 Hulen St

      GROCERY, SUPERMARKET
      2701 Hulen St, Fort Worth, TX 76109-5581
      View Details
    • Value Estimation by Request
      2,568 SF

      2945 Berry St

      CONVENIENCE STORE (W/FUEL PUMP)
      2945 Berry St, Fort Worth, TX 76109-5602
      View Details
    • Value Estimation by Request
      2.37 Acres

      4814 Edwards Rnch Rd

      GROCERY, SUPERMARKET
      4814 Edwards Rnch Rd, Fort Worth, TX 76109-4155
      View Details
    • Value Estimation
      $1,820,000
      48,743 SF

      3100 University Dr

      GROCERY, SUPERMARKET
      3100 University Dr, Fort Worth, TX 76109-5614
      View Details
    • Value Estimation by Request
      2,831 SF

      6000 Swsw Blvd

      CONVENIENCE STORE (W/FUEL PUMP)
      6000 Swsw Blvd, Benbrook, TX 76109-3912
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Property on South Hulen

      Retail property for sale on South Hulen Street, Fort Worth.
      4300-4375 S Hulen St, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      2,553 SF

      Freestanding Drive-Thru Restaurant Building

      2,553 SF drive-thru building with frontage on Bryant Irvin Rd.
      4100 Bryant Irvin Rd, Fort Worth, TX 76109
      View Details
    • Contact for pricing

      Land Available For Ground Lease

      Land available for ground lease.
      4260 Bryant Irvin Rd, Benbrook, TX 76109
      View Details
    • $699,000
      0.14 Acres

      Updated Triplex Near TCU

      A flexible triplex with updated units and permit parking, offering strong income potential for investors or owner-occupants.
      3148 Rogers Ave, Fort Worth, TX 76109
      View Details
    • $649,999
      0.42 Acres

      Residential Land in Stonegate Neighborhood

      Land ready for custom home in gated Fort Worth neighborhood.
      2889 Oakbriar Trl, Fort Worth, TX 76109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,037 SF

      Retail Space in Rivertree Center

      Retail space available for lease in Fort Worth, Texas.
      2820-2834 S Hulen St, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      1,513 SF

      Prime Retail Space Near TCU

      Restaurant/retail space adjacent to Texas Christian University.
      3021 S University Dr, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      1,757 SF

      Retail Space in Mixed-Use Development

      Retail spaces available in a 63-acre mixed-use development.
      3700-3720 Vision Dr, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      1,462 SF

      Retail Space in Waterside Development

      3,900 SF end cap available in mixed-use development.
      5924 Convair Dr, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space For Rent

      Retail space available for lease in Fort Worth, TX.
      4620 Hartwood Dr, Fort Worth, TX 76109
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space on Hulen Street

      Retail space available for lease on South Hulen Street.
      2950 South Hulen St, Fort Worth, TX 76109
      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.
    3500 Hls Ave
    Fort Worth, TX 76109-3676
    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

    Thank You for Inquiry
    3500 Hls Ave, Fort Worth, TX, 76109
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!