Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5636 Fletcher Ave Fort Worth, TX 76107-6724

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5636 Fletcher Ave Fort Worth, TX 76107-6724

    View on Map
    • Day care centers
    • 1,149 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Oct 20, 2022
    Property ID
    US82-0735344
    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

    • Hope Farm Inc / Charitable Organization / Social Service Agency

    Property Details for 5636 Fletcher Ave

    Year built
    1965
    Lot size
    0.14 lot acres
    Property size
    1,149 SF
    Property type
    Day care centers
    APN
    -7000---51---21---20
    APU
    7000512120

    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
    -97.4078
    Latitude
    32.7248
    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
    $1,612
    $56,250
    $58,153
    $114,403
    -
    $56,250
    $58,153
    $114,403

    Comparable in this City

    • Value Estimation by Request
      2,321 SF

      5216 Helmick Ave

      DAY CARE, PRE-SCHOOL • 2,321 SF
      5216 Helmick Ave, Fort Worth, TX 76107-7514
      View Details
    • Value Estimation by Request
      2,723 SF

      1801 Ashland Ave

      DAY CARE, PRE-SCHOOL • 2,723 SF
      1801 Ashland Ave, Fort Worth, TX 76107-3809
      View Details
    • Value Estimation by Request
      4,911 SF

      5224 Pershing Ave

      DAY CARE, PRE-SCHOOL • 4,911 SF
      5224 Pershing Ave, Fort Worth, TX 76107
      View Details
    • Value Estimation by Request
      1,044 SF

      1805 Ashland Ave

      DAY CARE, PRE-SCHOOL • 1,044 SF
      1805 Ashland Ave, Fort Worth, TX 76107
      View Details
    • Value Estimation by Request
      0.14 Acres

      5217 Wellesley Ave

      DAY CARE, PRE-SCHOOL • 0.14 Acres
      5217 Wellesley Ave, Fort Worth, TX 76107-6036
      View Details
    • Value Estimation by Request
      1,958 SF

      5201 Wellesley Ave

      DAY CARE, PRE-SCHOOL • 1,958 SF
      5201 Wellesley Ave, Fort Worth, TX 76107-6036
      View Details

    Similar Nearby for Sale

    • $350,000
      0.28 Acres

      Expansive Lot in Fort Worth

      Large property with renovation potential for various community-focused purposes.
      5212 Goodman Ave, Fort Worth, TX 76107
      View Details
    • $2,348,000
      699 SF

      Drive-Thru Salad and Go Investment

      NNN leased Salad and Go in Fort Worth, Texas.
      4601 Diaz Ave, Fort Worth, TX 76107
      View Details
    • $549,900
      0.15 Acres

      Residential Land in Fort Worth

      Unimproved land suitable for a custom single-family home.
      4933 Bryce Ave, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      49,978 SF

      Fully Leased Fort Worth Asset

      Prime location in Fort Worth's West 7th District.
      2800 Bledsoe St, Fort Worth, TX 76107
      View Details
    • Contact for pricing

      Office Space with Covered Parking

      Office space featuring 10 offices, open area, and parking.
      3700 West 7Th St, Fort Worth, TX 76107
      View Details
    • $105,000
      0.14 Acres

      Corner Lot in Como Neighborhood

      Unimproved corner lot in a fast-growing Fort Worth neighborhood.
      5437 Houghton Ave, Fort Worth, TX 76107
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Westbend

      Discover many ways to work your way in Westbend
      1751 River Run, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      59,422 SF

      Class A Office Space Available

      59,422 RSF office building with high-end finishes for rent.
      3017 W 7Th St, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      1,200 SF

      Camp Bowie Retail Space Available

      Retail storefront on Camp Bowie Blvd, Fort Worth, TX.
      4821-4825 Camp Bowie Blvd, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      5,244 SF

      Office Space Available For Rent

      5,244 square feet of office space for lease.
      3400 West Fwy, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      2,170 SF

      Renovated Office Space Available

      Office space for rent with covered and visitor parking.
      1300 S University Dr, Fort Worth, TX 76107
      View Details
    • Contact for pricing
      9,639 SF

      Single Story Office Building

      Single-story office building with high ceilings and surface parking.
      3700 Hulen St, Fort Worth, TX 76107
      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.
    5636 Fletcher Ave
    Fort Worth, TX 76107-6724
    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!