Property profile

9805 Jacksboro Hwy Fort Worth, TX 76135

FOR SALE
Bars & Pubs
Property ID
US83-3821234
4,300 SF 0.93 ac lot Built 1950
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is an established restaurant and bar with interior and systems updates supporting daily operations, including new heating and air, updated electrical service, and updated plumbing; the restroom areas were refreshed with updated fixtures, and the kitchen area includes a 500-gallon grease trap and a 50-gallon water heater. Interior finishes include updated tile flooring and paint. The outdoor area features a large covered patio configured for outside dining, and the venue is equipped with multiple televisions intended for sports and game viewing. The site is located on the Highway 199 access road in a high-traffic area just west of Loop 820, near Lake Worth, with proximity to Jacksboro Highway, which is described as nearly completed. Exterior site improvements include a newly constructed concrete parking lot with multiple parking spaces.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1950
Total area 4,300 SF
Lot 0.93 ac (40,380 SF)
APN 32820--5W1
UPID US83-3821234

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
  • Restaurant

Location

9805 Jacksboro Hwy Fort Worth, TX 76135
Fort Worth metro Census 114206 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2016
Price N/A
2007
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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