Technical
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Property profile

814 Pennsylvania Ave Fort Worth, TX 76104

OFF-MARKET
Investment properties
Property ID
US82-0293386
3,522 SF 0.2 ac lot Built 2005
Entity Owned ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Architect
  • Architect

Location

814 Pennsylvania Ave Fort Worth, TX 76104-2210
Fort Worth metro Census 123700 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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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

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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