Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7124 Anderson Blvd Fort Worth, TX 76120-3006
    Back to Search
    Property profile & analytics

    7124 Anderson Blvd, Fort Worth, TX 76120-3006

    View on Map
    • Investment properties
    • 4,306 SF
    • 19.18 lot acres
    Off-Market
    Property ID
    US82-4556407
    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

    • Vic Centre Apartments / Apartment Building

    Property Details for 7124 Anderson Blvd

    Year built
    1930
    Lot size
    19.18 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    630-2R1A
    APU
    6302R1A

    Description

    This exceptional 19.18-acre land parcel presents a remarkable opportunity for residential development in Fort Worth, Texas. Located at 7124 Anderson Blvd, in Tarrant County, zip code 76120, this property boasts a highly desirable location within an upscale suburban community. The site is zoned "C," permitting a significant density of residential units. With an estimated potential of 24 units per acre, this translates to a substantial development capacity. The expansive lot size offers considerable flexibility for a variety of residential projects, catering to the growing demand for housing in this thriving area. The property's prime location offers easy access to numerous amenities, enhancing its appeal to potential residents. Detailed site plans and development feasibility studies can be provided upon request. This is an exceptional opportunity for investors and developers seeking a high-potential residential land investment in a prime Fort Worth location. The coordinates are 32.761194 latitude and -97.201842 longitude. Serious inquiries only.

    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
    -97.2006
    Latitude
    32.7612
    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
    $5,243
    $229,710
    $1,000
    $230,710
    -
    $229,710
    $1,000
    $230,710

    Comparable in this City

    • Value Estimation
      $1,855,000
      7,020 SF

      7401 John T White Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      7401 John T White Rd, Fort Worth, TX 76120-3309
      View Details
    • Value Estimation
      $515,000
      1,944 SF

      8028 John T White Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      8028 John T White Rd, Fort Worth, TX 76120-3610
      View Details
    • Value Estimation by Request
      0.50 Acres

      7709 Randol Ml Rd

      VACANT COMMERCIAL LAND
      7709 Randol Ml Rd, Fort Worth, TX 76120-1709
      View Details
    • Value Estimation by Request
      10.00 Acres

      6909 Randol Ml Rd

      VACANT COMMERCIAL LAND
      6909 Randol Ml Rd, Fort Worth, TX 76120
      View Details
    • Value Estimation by Request
      0.41 Acres

      1924 Cooks Ln

      VACANT COMMERCIAL LAND
      1924 Cooks Ln, Fort Worth, TX 76120
      View Details
    • Value Estimation by Request
      3.97 Acres

      1600 Cooks Ln

      VACANT COMMERCIAL LAND
      1600 Cooks Ln, Fort Worth, TX 76120-4206
      View Details

    Similar Nearby for Sale

    • $199,000
      1.40 Acres

      Unimproved Commercial Lot Near Freeways

      Corner lot near shopping and freeways, suitable for small business.
      8050 Brentwood Stair Rd, Fort Worth, TX 76120
      View Details
    • $170,000
      0.40 Acres

      Commercial Lot in East Fort Worth

      0.40-acre commercial lot in a growing Fort Worth corridor.
      8200 Ederville Rd, Fort Worth, TX 76120
      View Details
    • Contact for pricing
      19,924 SF

      Renovated Medical/Office Property For Sale

      Recently renovated medical/office property with high occupancy and value-add potential.
      6825 Manhattan Blvd, Fort Worth, TX 76120
      View Details
    • $115,000
      40,075 SF

      Wooded Lot Near Downtown

      Heavily wooded 0.92 acre lot near downtown Fort Worth.
      225 Williams Rd, Fort Worth, TX 76120
      View Details
    • $100,000
      0.23 Acres

      Residential Lot in Fort Worth

      Residential lot near I-30 with access to Dallas/FortWorth.
      844 Newport Rd, Fort Worth, TX 76120
      View Details
    • Contact for pricing
      240,405 SF

      Multifamily Project on I-30

      Multifamily property with high visibility, construction started, completion contingent.
      7120 Anderson Blvd, Fort Worth, TX 76120
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      East Fort Worth Garden Office

      Single-story office building with immediate Loop 820 access.
      6800 Manhattan Blvd, Fort Worth, TX 76120
      View Details
    • Contact for pricing

      Professional Office Building For Rent

      Professional office building in rapidly growing Fort Worth area.
      6850 Manhattan Blvd, Fort Worth, TX 76120
      View Details
    • Contact for pricing
      6,000 SF

      Fort Worth Office Building

      6000 SF office building for rent in Fort Worth.
      6800 Manhattan Blvd, Fort Worth, TX 76120
      View Details
    • Contact for pricing
      3,642 SF

      Renovated Office Space Available

      Renovated office space with building signage and strong parking.
      6900 Anderson Blvd, Fort Worth, TX 76120
      View Details
    • Contact for pricing

      Prime Fort Worth Ground Lease

      High-visibility 0.87-acre commercial land for lease in Fort Worth.
      817 Loop 820 E, Fort Worth, TX 76120
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space Near I-30

      Retail space with frontage to I-30 and Eastchase Pkwy.
      8672 Chimney Creek Dr, Fort Worth, TX 76120
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7124 Anderson Blvd
    Fort Worth, TX 76120-3006
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7124 Anderson Blvd, Fort Worth, TX, 76120
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!