5601 Locke AveFort Worth, TX 76107

Property Details for 5601 Locke Ave

Year built

2006

Lot size

1.54 AC

Property size (Sq ft)

15,106 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

6980-143-32R1

APU

698014332R1

Description

Ridglea Station, located at 5601 Locke Ave, Fort Worth, TX 76107, presents a prime retail opportunity. This single-story, 14,272 square foot building boasts excellent visibility and accessibility, situated on the southeast quadrant of Camp Bowie (SH 377) and Horne Street. The property is zoned G-Commercial within Tarrant County and features a total of three suites. Currently, 3,572 square feet of retail space is available for lease, offering a chance to establish or expand your business in a thriving location. Ample parking is provided with 75 spaces available for customers and employees. The property's strategic location ensures high traffic volume and exposure to a large customer base. This is an exceptional opportunity for businesses seeking a prominent presence in a busy Fort Worth commercial area. The property is easily accessible from major thoroughfares, offering convenient access for customers and employees alike. This well-maintained building presents a turnkey solution for businesses looking to establish a strong foothold in the Fort Worth market.

• CAP approach

  CAP return

  Valuation

  6%

  $6,117,594

  6.5%

  $5,647,010

  7%

  $5,243,652

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,866,057

  Geo Method

  $11,396,915

• Alternative Use

  Use

  Valuation

  Residential

  $4,763,464

  Hospitality

  $4,363,308

  Educational

  $3,630,221

  Medical

  $3,755,070

  Retail

  $5,647,010

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.7316

Longitude

-97.4064

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].