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    6101 Watauga Rd Watauga, TX 76148
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    6101 Watauga Rd Watauga, TX 76148

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    • Retail space
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    Retail Space in Watauga, TX For Lease
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    1,500 SF

    Retail Space in Watauga, TX

    Retail space with high visibility and traffic count.

    6101 Watauga Rd, Watauga, TX 76148
    View Listing
    Property ID
    US82-0142981
    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

    • Retail space

    Property Details for 6101 Watauga Rd

    Year built
    1988
    Property type
    Retail space
    Property subtype
    Commercial real estate

    Description

    Champions DFW Commercial Realty is pleased to present 6101 Watauga Rd in Watauga, TX! This ±1,500 SF retail space boasts excellent visibility with a daily traffic count of 22,000 cars, making it a prime location for your business. Because of it's proximity Watauga Middle School and Hardman Elementary School, it property offers a strategic position for attracting steady foot traffic. Located off Watauga Rd between US 377 and Rufe Snow Dr, this space provides optimal accessibility for customers.

    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
    Watauga
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2516
    Latitude
    32.8687

    Comparable in this City

    • Contact for pricing

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      Retail Space in Haltom City

      Retail property available for lease in Haltom City, Texas.
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      Retail Space on Rufe Snow

      Freestanding retail building in high-traffic North Richland Hills location.
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      Retail/Restaurant Space Available

      Retail or restaurant space with high visibility and easy access.
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      North Richland Hills Shopping Center

      99,000 SF shopping center with retail and office spaces.
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      Retail Space in Anchored Center

      Retail space available in a Big Lots anchored shopping center.
      6312-6723 Rufe Snow Dr, North Richland Hills, TX 76148
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    Similar Nearby for Sale

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      15,022 SF

      Retail Space in High-Growth Area

      Retail space for sale in a high-growth DFW area.
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      Retail Space Near Residential Development

      Former Dollar General with expansion potential near residential area.
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      Highway Frontage Commercial Opportunity

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      Watauga Retail/Office Ready Space

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      Watauga Fitness Center Investment

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      Retail Property on Busy Road

      Retail space on Rufe Snow Drive in Watauga, Texas.
      6709 Rufe Snow Dr, Fort Worth, TX 76148
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    Similar Nearby for Lease

    • Contact for pricing

      Watauga Marketplace Retail and Office

      Renovated shopping center with retail, restaurant, and office spaces.
      6601 Watauga Rd, Watauga, TX 76148
      View Details
    • $1,200 /Mo
      41,382 SF

      Retail Space in Haltom City

      Retail property available for lease in Haltom City, Texas.
      6101 Denton Hwy, Haltom City, TX 76148
      View Details
    • $13 SF/Yr

      Retail Space on Rufe Snow

      Freestanding retail building in high-traffic North Richland Hills location.
      6976 Rufe Snow Dr, North Richland Hills, TX 76148
      View Details
    • Contact for pricing

      Retail/Restaurant Space Available

      Retail or restaurant space with high visibility and easy access.
      8247 Rufe Snow Dr, Watauga, TX 76148
      View Details
    • Contact for pricing

      North Richland Hills Shopping Center

      99,000 SF shopping center with retail and office spaces.
      6238 Rufe Snow Dr, Fort Worth, TX 76148
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Anchored Center

      Retail space available in a Big Lots anchored shopping center.
      6312-6723 Rufe Snow Dr, North Richland Hills, TX 76148
      View Details
    View Listing
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    Watauga, TX 76148
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    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
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    6101 Watauga Rd, Watauga, TX, 76148
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