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4209 Broadway Ave 6,694 SF 100% Leased Office Building Haltom City, TX 76117 $499,900 ($74.68/SF) 8.23% Cap Rate



INVESTMENT HIGHLIGHTS
- Heavily trafficked road with close proximity to downtown Fort Worth.
EXECUTIVE SUMMARY
Description: Tremendous opportunity to own your very own commercial property! So much potential as the upstairs is a blank canvass. Many possibilities to add so much value to this property which is located on a major artery in Haltom City. Make your dream come true and jump on this business opportunity. Call to make an appointment.... run don't walk to your next venture.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$59,700
|
$8.92
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$59,700
|
$8.92
|
| Taxes |
$13,419
|
$2.00
|
| Operating Expenses |
$5,138
|
$0.77
|
| Total Expenses |
$18,557
|
$2.77
|
| Net Operating Income |
$41,143
|
$6.15
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $59,700 |
| Annual Per SF | $8.92 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $59,700 |
| Annual Per SF | $8.92 |
| Taxes | |
|---|---|
| Annual | $13,419 |
| Annual Per SF | $2.00 |
| Operating Expenses | |
|---|---|
| Annual | $5,138 |
| Annual Per SF | $0.77 |
| Total Expenses | |
|---|---|
| Annual | $18,557 |
| Annual Per SF | $2.77 |
| Net Operating Income | |
|---|---|
| Annual | $41,143 |
| Annual Per SF | $6.15 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
6,694 SF
Building Class
B
Year Built
1958
Price
$499,900
Price Per SF
$74.68
Cap Rate
8.23%
NOI
$41,143
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,347 SF
Building FAR
0.51
Lot Size
0.30 AC
Zoning
C3 - Commercial Retail
Parking
14 Spaces (2 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 3 Chics Vapor
- Retailer
- -
- -
- -
- Allcor Staffing
- Professional, Scientific, and Technical Services
- -
- -
- -
- Broadway Apartments
- Real Estate
- -
- -
- -
- Savan Home Health Care Llc
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 3 Chics Vapor | Retailer | - | - | - | ||
| Allcor Staffing | Professional, Scientific, and Technical Services | - | - | - | ||
| Broadway Apartments | Real Estate | - | - | - | ||
| Savan Home Health Care Llc | Health Care and Social Assistance | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 00917621 | Total Assessment | $665,000 (2025) |
| Land Assessment | $117,513 (2025) | Annual Taxes | $13,419 ($2.00/SF) |
| Improvements Assessment | $547,487 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
00917621
Land Assessment
$117,513 (2025)
Improvements Assessment
$547,487 (2025)
Total Assessment
$665,000 (2025)
Annual Taxes
$13,419 ($2.00/SF)
Tax Year
2024
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4209 Broadway Ave
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