Add Listing
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

    3720 Tanacross Dr Fort Worth, TX 76137-3410

    • Motels
    • 18,031 SF
    • 1.36 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2989360
    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

    • Budget Host Inn / Hotel & Motel

    Property Details for 3720 Tanacross Dr

    Year built
    2003
    Lot size
    1.36 lot acres
    Property size
    18,031 SF
    Property type
    Motels
    APN
    30281-9B-5
    APU
    302819B5

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2934
    Latitude
    32.8364
    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
    $21,539
    $384,312
    $701,875
    $1,086,187
    -
    $384,312
    $701,875
    $1,086,187

    Comparable in this City

    • Value Estimation
      $1,150,000
      87,370 SF

      5801 Sandshell Dr

      HOTEL/MOTEL • 87,370 SF
      5801 Sandshell Dr, Fort Worth, TX 76137-2907
      View Details
    • Value Estimation
      $1,015,000
      108,201 SF

      3701 Tanacross Dr

      HOTEL/MOTEL • 108,201 SF
      3701 Tanacross Dr, Fort Worth, TX 76137-3408
      View Details
    • Value Estimation
      $1,295,000
      83,300 SF

      5301 Riverside Dr

      HOTEL/MOTEL • 83,300 SF
      5301 Riverside Dr, Fort Worth, TX 76137-2404
      View Details
    • Value Estimation
      $800,000
      45,826 SF

      3261 Loop 820

      HOTEL/MOTEL • 45,826 SF
      3261 Loop 820, Fort Worth, TX 76137-2412
      View Details
    • Value Estimation
      $1,795,000
      157,736 SF

      3500 Loop 820

      HOTEL/MOTEL • 157,736 SF
      3500 Loop 820, Fort Worth, TX 76137-3609
      View Details
    • Value Estimation
      $775,000
      44,336 SF

      3501 Loop 820

      HOTEL/MOTEL • 44,336 SF
      3501 Loop 820, Fort Worth, TX 76137-2415
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land at Signalized Intersection

      Highly accessible commercial land on a major thoroughfare near I-35.
      7508 N Beach St, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      1.19 Acres

      Watauga Commercial Land - 1.19 Acres

      Prime Commercial Pad, High Traffic Area
      5441 Watauga Rd, Watauga, TX 76137
      View Details
    • Contact for pricing
      4.96 Acres

      Prime Fort Worth Commercial Land

      ±4.957 Acres, Excellent Development Potential
      7401 Riverside Dr, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      3,475 SF

      Former Restaurant with Drive-Thru

      3,475 SF restaurant space with drive-thru and patio.
      8620 N Beach St, Fort Worth, TX 76137
      View Details
    • Contact for pricing

      Commercial Land on Beach Street

      Approximately 2.33 acres of commercial land for sale.
      4501 Silver Sage Dr, Haltom City, TX 76137
      View Details
    • Contact for pricing

      Land Available in Fort Worth

      Land for sale at 8420 Parkwood Hill Blvd, Fort Worth, TX.
      8420 Parkwood Hill Blvd, Fort Worth, TX 76137
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,896 SF

      Retail Spaces Available for Lease

      Retail spaces available for lease with frontage to Western Center.
      4610 Western Center Blvd, Haltom City, TX 76137
      View Details
    • Contact for pricing
      11,970 SF

      Basswood Blvd Retail Opportunity

      Prime Freestanding Retail Space, 11,970 SF
      4400 Basswood Blvd, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      1,091 SF

      Office Space with Private Entrance

      Office space featuring private entrance, signage, and controlled HVAC.
      3410 Basswood Blvd, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      3,866 SF

      Fort Worth Retail/Commercial Opportunity

      Prime lease opportunity with high visibility in Fort Worth, Texas.
      5201 N Beach St, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      2,847 SF

      Office Space with Open Concept

      2,847 SF office space featuring an open office concept.
      5450 Stratum Dr, Fort Worth, TX 76137
      View Details
    • $18 SF/Yr
      9,918 SF

      High Visibility Fort Worth Office

      Prime office space in thriving Fort Worth Alliance corridor.
      5411 Basswood Blvd, Fort Worth, TX 76137
      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.
    3720 Tanacross Dr
    Fort Worth, TX 76137-3410
    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.
    Sign Up Successful!
    You now have access to more from Realmo!