7050 Ridgmar Meadow Rd, Fort Worth, TX 76116
For Sale
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This exceptional 6,924 square foot retail property, located at 7050 Ridgmar Meadow Rd in Fort Worth, Texas, is offered at $2,300,000 ($332.18/sq ft). The property is a multi-tenant building encompassing a restaurant and shopping center on a 0.791-acre lot. It's a NNN lease property situated in a high-traffic area with strong national retailers, providing excellent visibility and foot traffic. The location benefits from a large trade area population exceeding 425,000 residents, encompassing upscale neighborhoods like Ridgmar, Westover Hills, and Westworth Village. The restaurant space is turnkey, fully equipped and ready for immediate occupancy, presenting a unique opportunity for culinary entrepreneurs. This property offers a blend of established retail presence and high growth potential within a desirable demographic. The zip code is 76116. This is a prime opportunity to acquire a well-positioned retail asset in a thriving Fort Worth market.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.