1600 Airport FwyBedford, TX 76022

Property Details for 1600 Airport Fwy

Year built

1984

Lot size

2.29 AC

Property size (Sq ft)

60,895 SF

Property type

Office buildings

APN

6305-1-1A

APU

630511A

Description

Forest Ridge, a five-story, 68,749 square foot office building located at 1600 Airport Freeway in Bedford, Texas (zip code 76022), offers a unique blend of traditional and executive office spaces. Built in 1984, this Tarrant County property boasts floor-to-ceiling windows in every suite, providing abundant natural light. The building features a direct digital HVAC system, allowing tenants six-degree control over their individual climate. Multiple tenancy options are available, with spaces ranging from a minimum of 612 square feet to a maximum contiguous space of 2,678 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $11,661,198

  6.5%

  $10,764,182

  7%

  $9,995,312

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,792,430

  Geo Method

  $16,043,632

• Alternative Use

  Use

  Valuation

  Residential

  $13,347,586

  Hospitality

  $12,226,317

  Educational

  $10,172,152

  Medical

  $10,521,988

  Retail

  $15,823,348

Location Insight

City

Bedford

County

Tarrant

State

Texas

Latitude

32.8359

Longitude

-97.1411

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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