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$350,000

Est. payment - /mo

913 SqFt

Active

3848 N Tarrant Pkwy #150 Fort Worth, TX 76244

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 913 sqft

Price per Sqft $383

Subdivision Ntmv Ph 2 Bldg 1

MLS Listing ID 20898221

HOA Y/N No

Year Built 2018

Annual Tax Amount $7,874

Lot Size 914 Sqft

Acres 0.021

Property Sub-Type Office

Property Description

PROFESSIONAL OFFICE OR MEDICAL CONDO in FAST GROWING N FORT WORTH - ALLIANCE AREA! Perfect for owner user or as a BITE-SIZE investment opportunity to purchase and lease out for passive income. Located on N Tarrant Parkway, a major east-west arterial connector in the North Fort Worth - Alliance corridor, this suite is ideally supported by strong demographics and traffic patterns. Plug-n-play suite was last utilized as a pharmacy; or use your imagination to establish your own business here as this community consists of professional service uses - general business office or uses in connection with the medical profession. For investors, asking lease rates are between $28 - $35 NNN in this development. Proforma cap rates estimated between 6.8% - 8.5% depending on future lease terms. The Association has insurance that covers the roof, exterior walls, and common areas. The Association will cover any maintenance issues on the outside of the building, exterior walls, common elements, roof. Owners are required to have their own insurance policy that covers the inside. The association pays for the water, sewer, landscaping, and waste removal. Owners pay for the electricity inside their units. The association covers exterior electricity. ***Equipment shown is negotiable to convey on separate Bill of Sale***

Location

State TX

County Tarrant

Community Community Mailbox

Zoning Commercial - Professional Services; General Business Office or use in connection with the Medical Profession.

Direction From Highway I35-W, east on N Tarrant Parkway to the property. From North Beach Street, west on N Tarrant Parkway to the property.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Luxury Vinyl Plank

Inclusions Building Only

Fireplace No

Exterior

Parking Features Common, Parking Lot

Community Features Community Mailbox

Utilities Available Electricity Connected, Sewer Available, Underground Utilities, Water Available

Water Access Desc Public

Roof Type Concrete,Spanish Tile

Road Frontage City Street

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 42449195

Security Features Security System

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20898221

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