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    9500 Westpoint Blvd Fort Worth, TX 76108
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    9500 Westpoint Blvd Fort Worth, TX 76108

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    • Land
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    Fort Worth Land Opportunity For Sale
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    Fort Worth Land Opportunity

    Approximately 10.28 acres of land for sale in Fort Worth.

    9500 Westpoint Blvd, Fort Worth, TX 76108
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    Property ID
    US82-9936931
    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

    • Land

    Property Details for 9500 Westpoint Blvd

    Property type
    Land

    Description

    Newmark has been exclusively retained to represent the Seller in the disposition of ±10.28 acres at 9500 Westpoint Boulevard, Fort Worth, TX 76108 (“Property”, “Offering”). All inquiries about the Property should be directed to Newmark.

    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
    -97.486296
    Latitude
    32.744748

    Comparable in this City

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      Land Available on Jim Wright

      Land available for sale on Jim Wright Freeway.
      850 Jim Wright Fwy, Fort Worth, TX 76108
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      Land Available in Fort Worth

      Land for sale at 11409 White Settlement Rd, Fort Worth, TX.
      11409 White Settlement Rd, Fort Worth, TX 76108
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      Multifamily Development Land Available

      19.2 acres permitted for 380 garden-style multifamily units.
      10103 Westpoint Blvd, Fort Worth, TX 76108
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    • $335,000

      Land for Sale in Fort Worth

      Land available in Fort Worth, Texas.
      328 Tiara Trl, Fort Worth, TX 76108
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      Land for Sale

      Land available for purchase in White Settlement, Texas.
      230 S Grants Ln, White Settlement, TX 76108
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    • $1,051,000

      Land on Las Vegas Trail

      Land available on the corner of Las Vegas Trail.
      1800 N Las Vegas Trl, Fort Worth, TX 76108
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    Similar Nearby for Sale

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      Land Available on Jim Wright

      Land available for sale on Jim Wright Freeway.
      850 Jim Wright Fwy, Fort Worth, TX 76108
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      Land Available in Fort Worth

      Land for sale at 11409 White Settlement Rd, Fort Worth, TX.
      11409 White Settlement Rd, Fort Worth, TX 76108
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    • $450,000

      Land Available on Cherry Lane

      Land for sale on Cherry Lane near I-30.
      730 S Cherry Ln, White Settlement, TX 76108
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      Multifamily Development Land Available

      19.2 acres permitted for 380 garden-style multifamily units.
      10103 Westpoint Blvd, Fort Worth, TX 76108
      View Details
    • $335,000

      Land for Sale in Fort Worth

      Land available in Fort Worth, Texas.
      328 Tiara Trl, Fort Worth, TX 76108
      View Details
    • Contact for pricing

      Land for Sale

      Land available for purchase in White Settlement, Texas.
      230 S Grants Ln, White Settlement, TX 76108
      View Details

    Similar Nearby for Lease

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      Land for Lease

      Land available for lease in White Settlement, Texas.
      1405 S Cherry Ln, White Settlement, TX 76108
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      104,108 SF

      Commercial Land I-820 Frontage

      Commercial land suitable for retail, office, or medical uses.
      1300 N Jim Wright Fwy, White Settlement, TX 76108
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      Fort Worth Development Sites

      Development sites available in rapidly growing Fort Worth area.
      Westpoint Blvd & Blue Haze Dr, Fort Worth, TX 76108
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      Fort Worth Development Sites Available

      Development sites in Fort Worth near major interstates and Walsh Ranch.
      Chapel Crk Blvd & Westpoint Blvd, Fort Worth, TX 76108
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      Commercial Land For Lease

      Commercial land available for lease in Fort Worth, Texas.
      200 Clifford Center Dr, Fort Worth, TX 76108
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      34,355 SF

      Land for Lease in Fort Worth

      Ground lease opportunity in White Settlement retail corridor.
      100 Expedition Dr, Fort Worth, TX 76108
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    Fort Worth, TX 76108
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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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