Sign Up Successful!
You now have access to more from Realmo!
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

    5513 Lancaster Ave Fort Worth, TX 76112-6428

    • Warehouses
    • 19,560 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimations
    $460,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5282854
    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

    • U-Store-It / Storage Facility / Self-Storage Facility
    • Near2Me Storage Units / Self-Storage Facility
    • Near2Me Self Storage Units Fort Worth TX / Self-Storage Facility
    • Near2Me Self Storage Units / Self-Storage Facility / Storage Facility

    Property Details for 5513 Lancaster Ave

    Year built
    1988
    Lot size
    1.06 lot acres
    Property size
    19,560 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    14490-C
    APU
    14490C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $460,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $725,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $710,000
      Change: -2% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.235
    Latitude
    32.7393
    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
    $20,465
    $68,982
    $888,138
    $957,120
    -
    $68,982
    $888,138
    $957,120

    Comparable in this City

    • Value Estimation
      $215,000
      7,260 SF

      2309 Pollard St

      MINI-WAREHOUSE, STORAGE • 7,260 SF
      2309 Pollard St, Fort Worth, TX 76112
      View Details
    • Value Estimation
      $695,000
      41,582 SF

      2377 Loop 820th S

      MINI-WAREHOUSE, STORAGE • 41,582 SF
      2377 Loop 820th S, Fort Worth, TX 76112-8065
      View Details
    • Value Estimation
      $215,000
      4,928 SF

      1074 Erie St

      MINI-WAREHOUSE, STORAGE • 4,928 SF
      1074 Erie St, Fort Worth, TX 76112-7038
      View Details
    • Value Estimation
      $815,000
      90,845 SF

      6740 Mandy Ln

      MINI-WAREHOUSE, STORAGE • 90,845 SF
      6740 Mandy Ln, Fort Worth, TX 76112
      View Details
    • Value Estimation
      $440,000
      16,458 SF

      1054 Erie St

      MINI-WAREHOUSE, STORAGE • 16,458 SF
      1054 Erie St, Fort Worth, TX 76112
      View Details
    • Value Estimation
      $230,000
      4,560 SF

      5513 Lancaster Ave

      MINI-WAREHOUSE, STORAGE • 4,560 SF
      5513 Lancaster Ave, Fort Worth, TX 76112-6428
      View Details

    Similar Nearby for Sale

    • $1,000,000
      0.32 Acres

      Turnkey Flex Space Near Loop 820

      Remodeled 6,440 SF flex space with modern finishes.
      3115 Erie St, Fort Worth, TX 76112
      View Details
    • $549,000

      Fort Worth Commercial Land Opportunity

      0.84 acre corner lot in Fort Worth, Texas.
      801-901 Bridgewood Dr, Fort Worth, TX 76112
      View Details
    • Contact for pricing
      938 SF

      Restaurant Space on Meadowbrook Drive

      938 SF restaurant space with 8,896 SF land.
      6500 Meadowbrook Dr, Fort Worth, TX 76112
      View Details
    • $85,000
      0.36 Acres

      Fort Worth Unimproved Builder Lot

      Unimproved land in Fort Worth neighborhood, close to amenities.
      1504 Wilson Rd, Fort Worth, TX 76112
      View Details
    • $1,100,000
      6.18 Acres

      Residential Land in Fort Worth

      Over 7 acres of residential land close to I-30.
      2700 Hitson Ln, Fort Worth, TX 76112
      View Details
    • Contact for pricing

      Land Available on Randol Mill

      Land available for sale on Randol Mill Road.
      6604 Randol Mill Rd, Fort Worth, TX 76112
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,000 SF

      Industrial Warehouse Space Available

      18,000 square foot warehouse space for lease.
      5911-5919 E Rosedale St, Fort Worth, TX 76112
      View Details
    • $7 SF/Yr
      6,250 SF

      Fort Worth Warehouse Space Available

      6,250 SF warehouse space for lease in Fort Worth.
      5901 Tension Dr, Fort Worth, TX 76112
      View Details
    • Contact for pricing
      16,800 SF

      Fort Worth Warehouse Space Available

      16,800 SF warehouse space for lease in Fort Worth.
      5755-5767 E Rosedale St, Fort Worth, TX 76112
      View Details
    • Contact for pricing

      Industrial Space with Cross-Dock Loading

      15,750 SF industrial space featuring cross-dock loading.
      6021 Dallas Ave, Fort Worth, TX 76112
      View Details
    • Contact for pricing
      3,200 SF

      Industrial Warehouse Space Available

      3,200 SF warehouse space for lease in Fort Worth.
      5851 E Rosedale St, Fort Worth, TX 76112
      View Details
    • $7,000 /Mo
      12,500 SF

      Fort Worth Warehouse for Lease

      Warehouse space available for lease in Fort Worth.
      3854-5884 E Loop 820 S, Fort Worth, TX 76112
      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.
    5513 Lancaster Ave
    Fort Worth, TX 76112-6428
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.