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Auto Repair Shop 1016 S Main St 5,455 SF Retail Building Fort Worth, TX 76104 $1,250,000 ($229.15/SF) 6.50% Cap Rate
Investment Highlights
- Prime location
- Strong traffic counts
- Excellent visibility and frontage
Executive Summary
1016 S. Main Street positions your business in the heart of Fort Worth’s dynamic Near Southside district, a walkable urban neighborhood known for its energy, growth and accessibility. This high visibility commercial location along a well-traveled corridor offers excellent signage opportunities and convenient access to downtown, major medical centers and popular dining and entertainment. Ideal for a variety of professional, retail or service users.
Leased to a long-term tenant and do not disturb (See Listing Agent for Details on Tenant)
Leased to a long-term tenant and do not disturb (See Listing Agent for Details on Tenant)
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,455 SF
Building Class
C
Year Built/Renovated
1952/2025
Price
$1,250,000
Price Per SF
$229.15
Cap Rate
6.50%
NOI
$81,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.25 AC
Zoning
Commercial
Parking
10 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
71’ on S Main St
Amenities
- Dedicated Turn Lane
- Pylon Sign
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02511533 | Improvements Assessment | $213,008 |
| Land Assessment | $311,992 | Total Assessment | $525,000 |
Property Taxes
Parcel Number
02511533
Land Assessment
$311,992
Improvements Assessment
$213,008
Total Assessment
$525,000
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Auto Repair Shop | 1016 S Main St