1500 Brown TrlBedford, TX 76022

Property Details for 1500 Brown Trl

Year built

1977

Lot size

0.72 AC

Property size (Sq ft)

13,868 SF

Property type

Office buildings

APN

40470-15-3B1

APU

40470153B1

Description

This exceptional 13,868-square-foot creative office building presents a remarkable owner-user opportunity in Bedford, Texas. Located at 1500 Brown Trail, this two-story property boasts a desirable second-generation office layout, perfectly suited for a variety of uses, including lab and R&D space. Built in 1977, the building sits on a 0.72-acre lot and features a newly installed roof and three brand-new HVAC units, ensuring optimal comfort and efficiency. The property offers ample parking with 35 spaces available. Its prime location is just one block south of Highway 183, providing easy access to major transportation routes and is conveniently situated only 15 minutes from the Dallas/Fort Worth International Airport. The building also benefits from prominent monument signage facing Brown Trail, enhancing visibility and brand recognition. The asking price is $1,386,800, translating to $100 per square foot. This is a rare opportunity to acquire a well-maintained, strategically located commercial property with significant upside potential. The property is located in Tarrant County, Texas, zip code 76022.

• CAP approach

  CAP return

  Valuation

  6%

  $1,949,847

  6.5%

  $1,799,859

  7%

  $1,671,298

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,534,681

  Geo Method

  $3,653,026

• Alternative Use

  Use

  Valuation

  Residential

  $2,231,825

  Hospitality

  $2,044,340

  Educational

  $1,700,867

  Medical

  $1,759,362

  Retail

  $2,645,793

Location Insight

City

Bedford

County

Tarrant

State

Texas

Latitude

32.8387

Longitude

-97.1592

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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