905 Medical Centre DrArlington, TX 76012

Property Details for 905 Medical Centre Dr

Year built

1984

Lot size

0.14 AC

Property size (Sq ft)

1,402 SF

Property type

Medical offices

Property subtype

Medical centers

APN

25690C-C-3B

APU

25690CC3B

Description

This exceptional single-tenant medical office building is located at 905 Medical Centre Drive, Arlington, Texas, 76012. Situated in Tarrant County, this property offers a convenient and accessible location for medical professionals. While the exact square footage is currently unavailable, the building is entirely occupied by a single tenant, indicating a strong and stable occupancy history. The property's address is easily identifiable and benefits from excellent visibility and accessibility. The building's classification as a medical office specifically caters to the needs of healthcare providers, potentially including features designed for medical practices. This presents a unique opportunity for a medical professional seeking a well-established and fully occupied space. Further details regarding the building's specifications and lease terms are available upon request. The property's location in Arlington, Texas, provides access to a substantial patient base and a thriving medical community. Interested parties are encouraged to inquire for more information and to schedule a viewing. This is a rare opportunity to acquire a fully occupied medical office building in a desirable location. The property's single-tenant occupancy minimizes management complexities and provides a stable income stream. The property is ready for immediate occupancy by the current tenant. This presents a strong investment opportunity for those seeking a stable and reliable return. The property's location in Tarrant County, Texas, offers a strategic advantage within a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $268,478

  6.5%

  $247,826

  7%

  $230,124

• Comparable approach

  Method

  Valuation

  Relative Method

  $179,407

  Geo Method

  $419,745

• Alternative Use

  Use

  Valuation

  Residential

  $307,305

  Hospitality

  $281,489

  Educational

  $234,196

  Medical

  $242,250

  Retail

  $364,305

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7471

Longitude

-97.1188

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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