Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    5900 Old Hemphill Rd Fort Worth, TX 76134-1411
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5900 Old Hemphill Rd Fort Worth, TX 76134-1411

    View on Map
    • Industrial properties
    • 39,220 SF
    • 1.78 lot acres
    Off-Market
    Last Sale Nov 18, 2020
    Property ID
    US82-3556826
    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
    $825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • University Little League / High School

    Property Details for 5900 Old Hemphill Rd

    Year built
    1979
    Lot size
    1.78 lot acres
    Property size
    39,220 SF
    Property type
    Industrial properties
    APN
    13390-AR-1
    APU
    13390AR1

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $685,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $966,000
      Market price range: $431k - $1.26M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $800,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3253
    Latitude
    32.6623
    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
    $39,146
    $51,031
    $1,890,359
    $1,941,390
    -
    $51,031
    $1,890,359
    $1,941,390

    Comparable in this City

    • Value Estimation
      $1,635,000
      100,000 SF

      6601 Ss Fwy

      HEAVY INDUSTRIAL • 100,000 SF
      6601 Ss Fwy, Fort Worth, TX 76134
      View Details
    • Value Estimation by Request
      230,292 SF

      7901 South Fwy

      Distribution properties • 230,292 SF
      7901 South Fwy, Fort Worth, TX 76134
      View Details
    • Value Estimation
      $5,420,000
      911,221 SF

      7001 Ss Fwy

      HEAVY INDUSTRIAL • 911,221 SF
      7001 Ss Fwy, Fort Worth, TX 76134-4001
      View Details
    • Value Estimation by Request
      15,000 SF

      6200 Old Hemphill Rd Ste A

      HEAVY INDUSTRIAL • 15,000 SF
      6200 Old Hemphill Rd Ste A, Fort Worth, TX 76134-1428
      View Details
    • Value Estimation by Request
      129,143 SF

      473 Successful Dr

      Distribution properties • 129,143 SF
      473 Successful Dr, Fort Worth, TX 76134
      View Details
    • Value Estimation
      $2,465,000
      257,807 SF

      6701 Ss Fwy

      HEAVY INDUSTRIAL • 257,807 SF
      6701 Ss Fwy, Fort Worth, TX 76134-3001
      View Details

    Similar Nearby for Sale

    • $44,000
      0.17 Acres

      Fort Worth Unimproved Land

      Unimproved land available in Fort Worth, Texas.
      9504 Ronald Dr, Fort Worth, TX 76134
      View Details
    • $34,900
      0.16 Acres

      Fort Worth Land Development Opportunity

      Five adjacent lots for development in Fort Worth, Texas.
      9529 Ronald Dr, Fort Worth, TX 76134
      View Details
    • $44,000
      0.17 Acres

      Fort Worth Unimproved Land

      Unimproved land available in Fort Worth, Texas.
      9508 Ronald Dr, Fort Worth, TX 76134
      View Details
    • Contact for pricing

      Available 3.8 Acre Land

      3.8 acres of land available for sale.
      Nwq - Sycamore School Rd. & Crowley Rd, Fort Worth, TX 76134
      View Details
    • Contact for pricing
      1,693 SF

      Drive-Thru QSR Opportunity

      1,693 SF 2nd Gen QSR with Drive-Thru.
      117 Sycamore School Rd, Fort Worth, TX 76134
      View Details
    • Contact for pricing

      Commercial Land Available in Fort Worth

      Approximately 16.935 acres of commercial land for sale.
      1111 Sycamore School Rd, Fort Worth, TX 76134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      95,982 SF

      Industrial Space in Fort Worth

      95,982 square foot industrial property available for lease.
      160 West Everman Pkwy, Fort Worth, TX 76134
      View Details
    • Contact for pricing
      1,176,120 SF

      Fort Worth Industrial Land - 27 Acres

      Prime Tarrant County industrial land, divisible, fenced.
      9616 Crowley Rd, Fort Worth, TX 76134
      View Details
    • Contact for pricing
      13,294 SF

      Industrial Space Available for Lease

      13,294 SF industrial space for lease in Fort Worth.
      8200 South Fwy, Fort Worth, TX 76134
      View Details
    • Contact for pricing
      38,463 SF

      Fort Worth Warehouse Space Available

      38,463 SF warehouse space for rent in Fort Worth.
      8200-8600 South Fwy, Fort Worth, TX 76134
      View Details
    • $5 SF/Yr
      100,000 SF

      Fort Worth Warehouse Sublease Opportunity

      Versatile warehouse space in Fort Worth's Carter Industrial Park.
      1701 Joel East Rd, Fort Worth, TX 76134
      View Details
    • Contact for pricing

      Industrial Space Available For Lease

      Industrial space available, offering 3,500 SqFt.
      6206 South Fwy, Fort Worth, TX 76134
      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.
    5900 Old Hemphill Rd
    Fort Worth, TX 76134-1411
    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!