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Property profile & analytics
OFF-MARKET Estimated value $590,000
Strip malls

6116 Lk Worth Blvd Lake Worth, TX 76135-3703

12,100 SF 1.26 ac lot Built 2021
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US82-0009983
Property summary
AI-generated overview

This exceptional 11,900-square-foot retail shopping center in Lake Worth, Texas, presents a compelling investment opportunity. Built in 2021, the single-building property sits on a 0.74-acre lot at 6116 Lake Worth Blvd, 76135, offering convenient access to major highways like Highway 820 and Highway 199. The center is currently 100% occupied by five diverse tenants, each with a multi-year lease featuring annual rent increases, ensuring a stable and growing income stream. This modern facility boasts low maintenance costs due to its recent construction and benefits from its strategic location just ten miles west of downtown Fort Worth, providing high visibility and accessibility for customers. The strong tenant profile, combined with the long-term leases and built-in rent escalations, creates a predictable and appreciating cash flow, making this an attractive addition to any investment portfolio. The property offers a significant yield with considerable upside potential. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving Texas market. The property's location within a key economic corridor guarantees high traffic and visibility, maximizing the potential for sustained revenue growth. The consistent rental income, coupled with the property's modern amenities and prime location, makes this an ideal investment for those seeking a stable and appreciating asset.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2021
Total area 12,100 SF
Lot 1.26 ac (54,886 SF)
APN 3670-4-2R1
UPID US82-0009983
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$737k
Blend (final) Blend
$590k
Owner & transaction history
Katies Express Car Wash A Texas LLC · 5 yrs held
Katies Express Car Wash A Texas LLC
since 2020
2 recorded transactions
2026
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $715,000 +32.7%
Retail stores $710,000 +31.0%
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