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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    914 Sylvania Ave Fort Worth, TX 76111-2431

    • Office buildings
    • 3,000 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimations
    $585,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-4237211
    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.

    Current Use by Public Records

    • Office buildings

    Property Details for 914 Sylvania Ave

    Year built
    2008
    Lot size
    0.21 lot acres
    Property size
    3,000 SF
    Property type
    Office buildings
    APN
    22020-1-3A
    APU
    2202013A

    Description

    This exceptional 3,000-square-foot office space in Fort Worth, Texas, presents a unique opportunity for a single tenant. Located at 914 N Sylvania Ave, zip code 76111, this property offers a flexible layout suitable for executive offices or adaptable workspace configurations. The building's total square footage is 3,000 square feet, with the entire space currently vacant and ready for immediate occupancy. The property's prime location within the Six Points Urban Village offers unparalleled convenience and accessibility. Situated just two miles east of downtown Fort Worth, this location benefits from proximity to a thriving urban core while maintaining a distinct neighborhood character. The area boasts a vibrant culinary scene, with numerous dining options within easy reach, including Tropic Lady, Kingyo Sushi & Ramen House, Dough'd Up, Race Street Coffee, and Tesoro Mexican. Furthermore, the significant presence of over 600 units of newly constructed multifamily housing in the district ensures a robust and growing population base. This property is ideal for businesses seeking a modern, flexible workspace in a dynamic and convenient location. The address is easily accessible and benefits from the surrounding infrastructure and amenities. This is a rare opportunity to secure a substantial, single-tenant office space in a rapidly developing area of Fort Worth.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $539,000
      Market price range: $169k - $539k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $365,000
      Current use
      COMMERCIAL (GENERAL)
      $480,000
      Change: +32% Conversion: Easy
      RETAIL STORES
      $385,000
      Change: +5% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $380,000
      Change: +3% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3083
    Latitude
    32.7766
    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
    $11,797
    $36,300
    $485,033
    $521,333
    -
    $36,300
    $485,033
    $521,333

    Comparable in this City

    • Value Estimation by Request
      1,224 SF

      517 Riverside Dr

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    • Value Estimation
      $875,000
      4,953 SF

      3403 Bch St

      OFFICE BUILDING • 4,953 SF
      3403 Bch St, Fort Worth, TX 76111-6305
      View Details
    • Value Estimation by Request
      1,640 SF

      4105 28th St Sta, Unit A

      OFFICE BUILDING • 1,640 SF
      4105 28th St Sta, Haltom City, TX 76111-6860
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    • Value Estimation by Request
      2,268 SF

      3312 Belknap St

      OFFICE BUILDING • 2,268 SF
      3312 Belknap St, Fort Worth, TX 76111-4741
      View Details
    • Value Estimation by Request
      2,501 SF

      401 Riverside Dr

      OFFICE BUILDING • 2,501 SF
      401 Riverside Dr, Fort Worth, TX 76111-4519
      View Details
    • Value Estimation by Request
      5,585 SF

      2801 Race St

      OFFICE BUILDING • 5,585 SF
      2801 Race St, Fort Worth, TX 76111-4103
      View Details

    Similar Nearby for Sale

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      Versatile Commercial Land in Fort Worth

      Commercial land suitable for various uses in Fort Worth, TX.
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      Commercial Land Available

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    Similar Nearby for Lease

    • $21 SF/Yr
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    • Contact for pricing
      7,619 SF

      Fort Worth Office/Flex Space Available

      7,619 SF office/flex space for rent in Fort Worth.
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    • Contact for pricing
      21,500 SF

      Executive Office Space, Fort Worth

      Newly renovated, 3,420 sq ft office.
      3201 Sylvania Ave, Fort Worth, TX 76111
      View Details
    • $14 SF/Yr
      1,682 SF

      Fort Worth Office Space Available

      Office space available for lease in Fort Worth, Texas.
      522 N Sylvania Ave, Fort Worth, TX 76111
      View Details
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    914 Sylvania Ave
    Fort Worth, TX 76111-2431
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    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
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