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Property profile & analytics
OFF-MARKET
Retail space

800 Seminary Dr Fort Worth, TX 76115-2732

1,710 SF 0.26 ac lot Built 1977
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US83-3017157
Property summary
AI-generated overview

This 1,710 square foot storefront, located at 800 E. Seminary Dr. in Fort Worth, Texas, presents a compelling investment opportunity. The property, built in 1977 and renovated in 2020, boasts a prominent corner location on Seminary Drive at I-35, benefiting from high visibility and convenient access. With a 0.266-acre lot and 30+ surface parking spaces, it caters to both customers and employees. Currently 100% occupied by Speedy Cash under an Absolute NNN lease expiring September 30, 2028 (3.9 years remaining), the property generates a strong net operating income (NOI) of $71,332, resulting in a 4.00% cap rate. The asking price is $1,296,955.64, translating to $758.45 per square foot. The building features a masonry shell with a brick and stone facade. The location benefits from high traffic counts, with over 27,000 vehicles daily on Seminary Drive and over 175,000 on I-35, placing it within a densely populated residential area, just 10 minutes south of downtown Fort Worth. This property offers a stable income stream and significant upside potential in a thriving market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 1,710 SF
Lot 0.26 ac (11,247 SF)
APN 39645-C-2
UPID US83-3017157
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
  • MoneyGram Bank Credit Union
  • Speedy Cash Loan Service
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
Drake & Hen LLC · 4 yrs held
Drake & Hen LLC
since 2021
3 recorded transactions
2021
Price N/A
2008
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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