3600 Pioneer PkwyPantego, TX 76013

Property Details for 3600 Pioneer Pkwy

Year built

1964

Lot size

0.82 AC

Property size (Sq ft)

6,834 SF

Property type

Investment properties

Property subtype

Live-work space

APN

23600--8R

APU

236008R

Description

This single-story, 6,834-square-foot office building in Pantego, Texas, presents a fantastic leasing opportunity. Located at 3600 W Pioneer Pkwy, near Smith Berry, this Class C property boasts a prime location and underwent renovations in 2023. The building, constructed in 1964, offers multiple tenancy options with a variety of single and multi-room suites, perfect for businesses of all sizes. Amenities include a convenient break room, a welcoming lobby, and central bathrooms. Building services encompass electricity, water, garbage disposal, HVAC, and maintenance of common areas. A prominent sign marque is available for tenant signage, enhancing visibility and brand recognition. The property features 25 total parking spaces for ample tenant and visitor parking. The building has an 8'-4" ceiling height and sits on 0.821 acres of land. Property taxes are $0.62 per square foot. Many current tenants have enjoyed long-term occupancy, highlighting the building's desirability and stability. Many suites, including those currently available, have been recently updated, ensuring modern and functional workspaces. This is an exceptional opportunity to secure well-maintained office space in a thriving Texas community. No elevators are present in this single-story building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,308,689

  6.5%

  $1,208,021

  7%

  $1,121,734

• Comparable approach

  Method

  Valuation

  Relative Method

  $874,513

  Geo Method

  $2,046,031

• Alternative Use

  Use

  Valuation

  Residential

  $1,497,946

  Hospitality

  $1,372,110

  Educational

  $1,141,580

  Medical

  $1,180,840

  Retail

  $1,775,790

Location Insight

City

Pantego

County

Tarrant

State

Texas

Latitude

32.7123

Longitude

-97.1635

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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