1220 Airport FwyBedford, TX 76022

  • Community centers
  • 1,219 SF

Property Details for 1220 Airport Fwy

Year built
1984
Lot size
1.06 AC
Property size (Sq ft)
1,219 SF
Property type
Community centers
APN
7337-3-2BR2
APU
733732BR2

Description

Cimarron Plaza Shopping Center presents a prime retail opportunity in Tarrant County. This single-story, 89,697 square foot center is shadow-anchored by an Albertson's grocery store, ensuring high foot traffic and visibility. The property boasts a strong tenant mix, including established businesses such as Dollar Tree, Cycle Gear, GNC, and Subway. Seven spaces are currently available, ranging in size from a minimum of 1,200 square feet to a maximum contiguous space of 3,350 square feet. The center is conveniently located on Airport Freeway, with Bedford Rd as a cross street, providing excellent accessibility for customers and employees. There are no elevators in this single-story building. A total of 15,553 square feet is currently vacant, offering significant potential for new businesses to establish themselves in a thriving retail environment. This is an exceptional opportunity to secure retail space in a well-established and highly visible shopping center with a proven track record of success. The property offers a variety of space options to suit diverse business needs. Contact us today to learn more about the available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $269,562
    6.5%
    $248,826
    7%
    $231,053
  • Comparable approach

    Method
    Valuation
    Relative Method
    $350,877
    Geo Method
    $809,166
  • Alternative Use

    Use
    Valuation
    Residential
    $209,894
    Hospitality
    $192,262
    Educational
    $159,960
    Medical
    $165,461
    Retail
    $248,826

Location Insight

City
Bedford
County
Tarrant
State
Texas
Latitude
32.8383
Longitude
-97.1505
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,058
$367,992
-
$367,992
-
$367,992
-
$367,992

FAQs

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