6801 Ridgmar Mdw Rd, Fort Worth, TX 76116-1581
This exceptional 24,627-square-foot freestanding retail property, located at 6801 Ridgmar Meadow Rd in Fort Worth, Texas, presents a unique investment opportunity. Formerly a six-screen, 824-seat movie theater, this Class B, single-story building offers a versatile layout ideal for various retail or entertainment uses. Built in 1986, the property sits on a substantial 24,627-square-foot lot (4.28 acres) with "J" zoning. The building boasts ample parking with 160 spaces, providing a 6.5 parking ratio. Its prime location within the bustling Ridgmar Town Square offers excellent visibility and accessibility, enhanced by its proximity to major national retailers such as Ross, Burlington Coat Factory, PetSmart, and Big Lots. The property also benefits from its strategic location near the Lockheed Martin complex and a naval joint reserve base, ensuring a strong daytime population and consistent foot traffic. The existing theater infrastructure, including screens, projectors, and seating, remains in place, offering significant potential for redevelopment or repurposing. This move-in-ready space is perfectly positioned to capitalize on the rapid growth and redevelopment wave currently transforming West Fort Worth. The asking price is $3,300,000, and the lease type is NNN. This is a rare opportunity to acquire a substantial, well-located property in a thriving market.
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Movie Tavern Ridgmar Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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