1424 Brown TrlBedford, TX 76022

  • Strip malls
  • 9,092 SF

Property Details for 1424 Brown Trl

Year built
1967
Lot size
0.71 AC
Property size (Sq ft)
9,092 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
40470-17R-B
APU
4047017RB

Description

This exceptional 7.1-acre retail pad site, totaling approximately 30,997 square feet, presents a remarkable opportunity in Bedford, Texas. Located at 1424 Brown Trail, in Tarrant County, this single-tenancy property offers significant potential for developers and businesses seeking a high-visibility location. The expansive land area allows for substantial building development, catering to a wide range of retail concepts. The property's prime location within Bedford ensures excellent access to a thriving consumer base and strong regional connectivity. This is an ideal site for businesses seeking to establish a prominent presence in a rapidly growing market. The property is available for both lease and sale, providing flexibility to suit various investment strategies. Detailed site plans and zoning information are readily available upon request. This exceptional opportunity is not to be missed. The property's address is 1424 Brown Trail, Bedford, TX 76022. The site is situated in Tarrant County and offers a significant footprint for a variety of retail uses. Serious inquiries are encouraged to explore the possibilities of this exceptional retail pad site. The property's size and location make it an attractive investment for long-term growth and profitability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,879,159
    6.5%
    $1,734,608
    7%
    $1,610,708
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,535,504
    Geo Method
    $6,035,764
  • Alternative Use

    Use
    Valuation
    Residential
    $1,463,207
    Hospitality
    $1,340,290
    Educational
    $1,115,105
    Medical
    $1,153,456
    Retail
    $1,734,608

Location Insight

City
Bedford
County
Tarrant
State
Texas
Latitude
32.8379
Longitude
-97.1599
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
$10,687
$186,000
$389,000
$575,000
-
$186,000
$389,000
$575,000

FAQs

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