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

    5000 Tarrant Pkwy Fort Worth, TX 76244-5388

    • Auto shops
    • 6,250 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimations
    $745,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4308676
    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

    • Road Runner Lube & Tune / Auto Repair Shop

    Property Details for 5000 Tarrant Pkwy

    Year built
    2011
    Lot size
    1.06 lot acres
    Property size
    6,250 SF
    Property type
    Auto shops
    APN
    33207-A-1R1
    APU
    33207A1R1

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $705,000
      Current use
      COMMERCIAL (GENERAL)
      $1,060,000
      Change: +51% Conversion: Moderate
      RESTAURANT
      $765,000
      Change: +9% Conversion: Difficult
      OFFICE BUILDING
      $680,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2749
    Latitude
    32.8931
    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
    $42,029
    $460,420
    $1,419,340
    $1,879,760
    -
    $460,420
    $1,419,340
    $1,879,760

    Comparable in this City

    • Value Estimation
      $950,000
      8,168 SF

      5872 Tarrant Pkwy

      AUTO REPAIR, GARAGE • 8,168 SF
      5872 Tarrant Pkwy, Fort Worth, TX 76244-7296
      View Details
    • Value Estimation by Request
      1,359 SF

      5200 Golden Triangle Blvd

      AUTO REPAIR, GARAGE • 1,359 SF
      5200 Golden Triangle Blvd, Fort Worth, TX 76244-4407
      View Details
    • Value Estimation by Request
      2,800 SF

      708 Katy Rd, Unit A

      AUTO REPAIR, GARAGE • 2,800 SF
      708 Katy Rd, Fort Worth, TX 76244-4529
      View Details
    • Value Estimation by Request
      3,678 SF

      4136 Keller Hicks Rd

      AUTO REPAIR, GARAGE • 3,678 SF
      4136 Keller Hicks Rd, Fort Worth, TX 76244-9624
      View Details
    • Value Estimation
      $550,000
      4,080 SF

      8665 Bch St

      AUTO REPAIR, GARAGE • 4,080 SF
      8665 Bch St, Fort Worth, TX 76244-4921
      View Details
    • Value Estimation by Request
      1,650 SF

      3700 Golden Triangle Blvd

      AUTO REPAIR, GARAGE • 1,650 SF
      3700 Golden Triangle Blvd, Fort Worth, TX 76244-4803
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      40,217 SF

      Beach Street Retail Center For Sale

      High-visibility retail space in Fort Worth, TX.
      8620 Beach St, Fort Worth, TX 76244
      View Details
    • $2,470,000
      950 SF

      5789 Golden Triangle Blvd

      Retail properties & Spaces • 950 SF
      5789 Golden Triangle Blvd, Fort Worth, TX 76244
      View Details
    • Contact for pricing
      2,550 SF

      2,550 SF Prime Medical Office Space for Sale/ Lease

      2,550 SF Prime Medical Office Space for Sale/ Lease
      3912 North Tarrant Pwky #200, Keller, TX 76244
      View Details
    • $540,000

      Keller Commercial Land - $540K

      21,622 SF Commercial Lot, Prime Location
      12620 Timberland Blvd, Fort Worth, TX 76244
      View Details
    • Contact for pricing

      Land For Sale Keller, TX

      Land available for sale in Keller, Texas.
      105 Wall Price Keller Rd, Keller, TX 76244
      View Details
    • Contact for pricing

      Medical Office Space For Sale

      2,550 SF medical office space in a high-traffic area.
      3912 North Tarrant Pwky, Keller, TX 76244
      View Details

    Similar Nearby for Lease

    • $2,100 /Mo
      191,228 SF

      Commercial Garage Space in Fort Worth

      Versatile commercial garage space suitable for storage or light industrial.
      4700 Keller Haslet Rd, Fort Worth, TX 76244
      View Details
    • $7,500 /Mo
      72,832 SF

      Fort Worth Commercial Land Lease

      Hard corner location suitable for restaurant, retail, or automotive use.
      5960 Kroger Dr, Fort Worth, TX 76244
      View Details
    • $19 SF/Yr
      133,686 SF

      Fort Worth Retail Space Available

      3144 sq ft retail space with office and roll-up door.
      5970 Park Vista Cir, Keller, TX 76244
      View Details
    • $18 SF/Yr
      142,441 SF

      Retail Space in Fort Worth

      4000 sq.ft. retail space available August 1, 2025.
      5970 Park Vista Cir, Keller, TX 76244
      View Details
    • $19 SF/Yr

      Retail Space with Roll-Up Door

      Retail space featuring a private office and roll-up door.
      5970 Park Vista Cir, Fort Worth, TX 76244
      View Details
    • $9 SF/Yr
      11,500 SF

      High-Visibility Roanoke Retail Space

      Prime Retail Strip Center, 4,000 SF Available
      0 Swc Of Sh-170 & Bch St, Roanoke, TX 76244
      View Details

    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      1.8k
    • Avg Time on site
      13 min
    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.
    5000 Tarrant Pkwy
    Fort Worth, TX 76244-5388
    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!