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    6621 N Beach St Fort Worth, TX 76137
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    6621 N Beach St Fort Worth, TX 76137

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    • Strip malls
    • 10,850 SF
    • 1.03 lot acres
    For Lease
    View Listing →
    Retail Center Space Available For Lease
    Contact for pricing

    Retail Center Space Available

    Retail center with good tenant mix in Fort Worth.

    6621 N Beach St, Fort Worth, TX
    View Listing
    Property ID
    US82-0342963
    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

    • Bitcoin ATM Fort Worth - Coinhub / Atm / Currency Exchange Service
    • ATM (ATM Link, Inc.) / Atm
    • Legend's Liquor, 6621 North Beach Street / (Bike/Boat/Book/etc) Store / Wine and Liquor Store

    Property Details for 6621 N Beach St

    Year built
    1980
    Lot size
    1.03 lot acres
    Property size
    10,850 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    40685-12-23R1
    APU
    406851223R1

    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
    -97.2911
    Latitude
    32.8632
    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
    $36,605
    $450,250
    $1,184,242
    $1,634,492
    -
    $450,250
    $1,184,242
    $1,634,492

    Comparable in this City

    • Value Estimation
      $540,000
      18,850 SF

      3665 Western Ctr Blvd

      SHOPPING CENTER, STRIP CENTER • 18,850 SF
      3665 Western Ctr Blvd, Fort Worth, TX 76137-1943
      View Details
    • Value Estimation
      $885,000
      26,341 SF

      7451 Bch St

      SHOPPING CENTER, STRIP CENTER • 26,341 SF
      7451 Bch St, Fort Worth, TX 76137-5159
      View Details
    • Value Estimation
      $965,000
      30,404 SF

      7630 Bch St

      SHOPPING CENTER, STRIP CENTER • 30,404 SF
      7630 Bch St, Fort Worth, TX 76137-1299
      View Details
    • Value Estimation by Request
      10,098 SF

      4550 Basswood Blvd

      SHOPPING CENTER, STRIP CENTER • 10,098 SF
      4550 Basswood Blvd, Fort Worth, TX 76137-1510
      View Details
    • Value Estimation by Request
      12,434 SF

      4610 Western Ctr Blvd

      SHOPPING CENTER, STRIP CENTER • 12,434 SF
      4610 Western Ctr Blvd, Haltom City, TX 76137-2630
      View Details
    • Value Estimation by Request
      2.60 Acres

      6600 Nn Fwy

      SHOPPING CENTER, STRIP CENTER • 2.60 Acres
      6600 Nn Fwy, Fort Worth, TX 76137-7556
      View Details

    Similar Nearby for Sale

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      14,269 SF

      Fort Worth NNN Investment Opportunity

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      2,800 SF space suitable for medical, office, or retail.
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      3,475 SF

      Former Restaurant with Drive-Thru

      3,475 SF restaurant space with drive-thru and patio.
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    • $2,950,000
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      Fort Worth Restaurant - $2.95M

      Class A Restaurant, 11,970 SF, 2 Acres
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    • $3,425,000
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      Restaurant/Bar Building in Western Center

      Second-generation restaurant/bar in a sought-after entertainment area.
      6730 Fossil Bluff Dr, Fort Worth, TX 76137
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      Commercial Land in Fort Worth

      4.957 ac land zoned for future commercial development.
      7401 N Riverside Dr, Fort Worth, TX 76137
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    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Strip Center with Drive-Thru

      Retail space available in North Fort Worth with drive-thru.
      7420 N Beach St, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Fort Worth

      Retail property with strong national tenant mix, Albertson’s anchored.
      4296-4386 Western Center Blvd, Fort Worth, TX 76137
      View Details
    • Contact for pricing

      Fort Worth Retail Center Space

      Neighborhood retail center with flexible terms in Fort Worth, Texas.
      5601 Basswood Blvd, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      1 SF

      Retail Center Space Available

      Retail center with good tenant mix in Fort Worth.
      6621 N Beach St, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      3,187 SF

      Retail Space in Golden Beach

      Retail space for lease in North Fort Worth.
      10716-10776 N Beach St, Fort Worth, TX 76137
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for rent at 3840 NE Loop 820.
      3840 Loop 820 NE, Fort Worth, TX 76137
      View Details
    View Listing
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    Fort Worth, TX 76137
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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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