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Property profile & analytics
OFF-MARKET Estimated value $895,000
Investment properties

814 Pennsylvania Ave Fort Worth, TX 76104-2210

3,522 SF 0.2 ac lot Built 2005
Entity Owned ~ Est. High Equity
Property ID
US82-0293386
Property summary
AI-generated overview

This exceptional mixed-use property, located in Fort Worth's vibrant Near Southside and Medical District, offers 3,522 square feet of space in a Class B building constructed in 2005. The property sits on approximately 0.20 acres and boasts convenient access to major highways I-30, I-35W, and 287, as well as the TexRail T&P Station (5 minutes away). The first floor comprises a functional office space featuring a reception area, break room/kitchen, conference room, and a mix of open and private offices. The second floor currently includes two separate apartment units, each approximately 900 square feet, with kitchens, living rooms, bathrooms, bedrooms, and dining rooms. Each apartment currently commands a monthly lease rate of $1,400, with both tenants on short-term leases. This presents a unique opportunity for an investor to capitalize on the existing income stream and potentially convert the second floor into additional office space to increase revenue. The building's location offers proximity to numerous restaurants and coffee shops, including Coco Shrimp, Roots Coffeehouse, Hurtado Barbecue, Funky Picnic, and The Coupe. The asking price for this versatile property is $1,500,000, translating to $425.89 per square foot. This presents a compelling investment opportunity in a high-demand area. The property consists of one two-story building.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2005
Total area 3,522 SF
Lot 0.2 ac (8,712 SF)
APN 20975-39-4R
UPID US82-0293386
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
  • TMA Architects, Inc Architect
  • Cauble Hoskins Architects Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$985k
Comparable Approach Comparable
$811k
Blend (final) Blend
$895k
Owner & transaction history
Bean Oceanfront Properties LLC
Bean Oceanfront Properties LLC
since 2026
7 recorded transactions
2026
Price N/A
2021
Price N/A
2019
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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