1908 Central DrBedford, TX 76021

Property Details for 1908 Central Dr

Year built

1980

Lot size

0.42 AC

Property size (Sq ft)

6,025 SF

Property type

Office buildings

APN

13890--C

APU

13890C

Description

This exceptional investment opportunity presents two Class C office buildings located at 1908-1912 Central Drive in Bedford, Texas, 76021, within Tarrant County. The property encompasses a total of 14,639 square feet across two two-story buildings, offering multiple tenancy options. Three suites are currently available, with a minimum divisible space of 512 square feet and a maximum contiguous space of 1,000 square feet. A total of 2,512 square feet is currently vacant and ready for immediate occupancy. The property is categorized as Executive Office space, ideal for businesses seeking a professional and efficient workspace. Ample parking is provided for tenants and their clients. The property's location in Bedford, Texas offers convenient access to major transportation routes and local amenities. This is a rare opportunity to secure office space in a well-maintained building with flexible lease terms. The property is suitable for a variety of businesses seeking a space ranging from 512 to 1,000 square feet. Interested parties are encouraged to inquire about available suite sizes and lease terms. This property offers a unique blend of functionality and location, making it an attractive option for businesses seeking a productive and accessible workspace in the thriving Bedford market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,153,768

  6.5%

  $1,065,017

  7%

  $988,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $770,989

  Geo Method

  $1,586,810

• Alternative Use

  Use

  Valuation

  Residential

  $1,320,621

  Hospitality

  $1,209,682

  Educational

  $1,006,441

  Medical

  $1,041,054

  Retail

  $1,565,575

Location Insight

City

Bedford

County

Tarrant

State

Texas

Latitude

32.8393

Longitude

-97.1329

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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