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Property profile & analytics
FOR SALE
Retail space

6436 Meadowbrook Dr Fort Worth, TX 76112

2,200 SF 0.29 ac lot Built 1965
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US82-3389869
Property summary
AI-generated overview

This exceptional multi-tenant retail building in Fort Worth, Texas, presents a compelling value-add investment opportunity. Located on a hard corner at the intersection of Meadowbrook Drive and Forest Avenue, this property boasts 2,200 square feet of leasable space divided into three suites. The building, constructed in 1965 and renovated in 2019 (including a new roof), benefits from a prime location just 800 feet from Loop 820, ensuring high visibility and accessibility. Currently fully occupied, the property offers immediate in-place income, with one tenant occupying their suite for over a decade and another long-standing business (a barbershop) operating for nearly 40 years. The owner of the barbershop is retiring, presenting a potential for future repositioning or owner-occupancy. The property features ample parking with 25 spaces and is zoned F1. The 0.289-acre lot provides additional potential. This is a rare opportunity to acquire a well-maintained, income-producing retail property in a thriving Fort Worth location. The asking price is $450,000, representing a price per square foot of $204.55. The gross lease structure simplifies management. Serious inquiries only. Please do not disturb tenants.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Total area 2,200 SF
Lot 0.29 ac (12,598 SF)
APN 8630--5
UPID US82-3389869
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
Current use
Occupant on record · Public records
  • Barber Shop Barber Shop
  • Wonderful Wigs On The Go LLC Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • The Natural Hair Salon and Spa Hair Salon Nail Salon
  • Loc Star Fort Worth Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Edward Traxson
Edward Traxson
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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