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

    Basswood Blvd Fort Worth, TX 76137

    • Grocery and convenience stores
    • 3,400 SF
    OFF-MARKET
    Value Estimations
    $350,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6840470
    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

    • Grocery and convenience stores

    Property Details for Basswood Blvd

    Year built
    2013
    Property size
    3,400 SF
    Property type
    Grocery and convenience stores
    APN
    40685-91-41R1-80
    APU
    406859141R180

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $315,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $382,000
      Market price range: $299k - $502k

    • Alternative Use

      Use
      Estimation
      SERVICE STATION (FULL SERVICE)
      $395,000
      Current use
      COMMERCIAL (GENERAL)
      $515,000
      Change: +29% Conversion: Difficult
      OFFICE BUILDING
      $490,000
      Change: +24% Conversion: Difficult
      RETAIL STORES
      $330,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2887
    Latitude
    32.8664
    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
    $18,404
    $0.00
    $857,111
    $857,111
    -
    $0.00
    $857,111
    $857,111

    Comparable in this City

    • Value Estimation
      $1,340,000
      58,382 SF

      4400 Western Ctr Blvd

      GROCERY, SUPERMARKET • 58,382 SF
      4400 Western Ctr Blvd, Fort Worth, TX 76137-2044
      View Details
    • Value Estimation
      $440,000
      3,543 SF

      7401 Bch St

      CONVENIENCE STORE (W/FUEL PUMP) • 3,543 SF
      7401 Bch St, Fort Worth, TX 76137-1504
      View Details
    • Value Estimation
      $640,000
      15,000 SF

      5230 Tarrant Pkwy

      GROCERY, SUPERMARKET • 15,000 SF
      5230 Tarrant Pkwy, Fort Worth, TX 76137-5756
      View Details
    • Value Estimation
      $310,000
      3,103 SF

      4660 Western Ctr Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 3,103 SF
      4660 Western Ctr Blvd, Haltom City, TX 76137-2634
      View Details
    • Value Estimation
      $340,000
      4,551 SF

      5400 Bch St

      CONVENIENCE STORE (W/FUEL PUMP) • 4,551 SF
      5400 Bch St, Haltom City, TX 76137-2732
      View Details
    • Value Estimation
      $390,000
      4,288 SF

      5251 Bch St

      CONVENIENCE STORE (W/FUEL PUMP) • 4,288 SF
      5251 Bch St, Fort Worth, TX 76137-2729
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.19 Acres

      Watauga Commercial Land - 1.19 Acres

      Prime Commercial Pad, High Traffic Area
      5441 Watauga Rd, Watauga, TX 76137
      View Details
    • Contact for pricing

      Haltom City Restaurant - 5,746 SF

      Established restaurant, high-traffic location, immediate occupancy.
      6374 Beach St, Haltom City, TX 76137
      View Details
    • $5,730,000
      14,269 SF

      Fort Worth NNN Investment Opportunity

      NNN leased restaurant property in a high-traffic Fort Worth location.
      6613 Fossil Bluff Dr, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      3,475 SF

      Former Restaurant with Drive-Thru

      3,475 SF restaurant space with drive-thru and patio.
      8620 N Beach St, Fort Worth, TX 76137
      View Details
    • $2,950,000
      11,970 SF

      Fort Worth Restaurant - $2.95M

      Class A Restaurant, 11,970 SF, 2 Acres
      4400 Basswood Blvd, Fort Worth, TX 76137
      View Details
    • $3,819,600
      7,304 SF

      Landmark Bar & Kitchen: Fort Worth

      High-return restaurant investment, strong tenant.
      6621 Fossil Bluff Dr, Fort Worth, TX 76137
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      3,187 SF

      Retail Space in Golden Beach

      Retail space for lease in North Fort Worth.
      10716-10776 N Beach St, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      2,800 SF

      Fort Worth Medical/Office/Retail Space

      2,800 SF space suitable for medical, office, or retail.
      7367 N Beach St, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in New Center

      4,000 SF retail space available in Haltom City, TX.
      5330 N Beach St, Haltom City, TX 76137
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space with Modern Amenities

      Versatile retail space with ample parking and high visibility.
      5200 N Tarrant Pkwy, Fort Worth, TX 76137
      View Details
    • $23 SF/Yr
      66,647 SF

      New Retail Space in Fort Worth

      New retail space with high visibility and access in Fort Worth.
      4550 Basswood Blvd, Fort Worth, TX 76137
      View Details
    • Contact for pricing
      11,970 SF

      Basswood Blvd Retail Opportunity

      Prime Freestanding Retail Space, 11,970 SF
      4400 Basswood Blvd, Fort Worth, TX 76137
      View Details
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    Fort Worth, TX 76137
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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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