3225 Harwood RdBedford, TX 76021

  • Strip malls
  • 8,030 SF

Property Details for 3225 Harwood Rd

Year built
1985
Lot size
0.90 AC
Property size (Sq ft)
8,030 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
17423-1-1
APU
1742311

Description

This exceptional investment opportunity presents a prime retail strip center located at 3225 Harwood Rd, Bedford, Texas, 76021, in Tarrant County. The property consists of a single building housing three available retail spaces, offering a diverse range of sizes to suit various business needs. Suite F boasts 913 square feet, Suite G offers a generous 1,265 square feet, and Suite C provides ample space at 1,375 square feet. The property's strategic location in Bedford, Texas, provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The multiple tenancy structure allows for flexibility and potential for diverse income streams. This is an ideal opportunity for investors seeking a well-positioned retail property in a growing market. The property's convenient location and the availability of three different-sized suites make it an attractive option for a variety of retail businesses. The building's single structure simplifies management and maintenance, making it an efficient and cost-effective investment. This property is classified as a retail strip center and is situated in a high-traffic area, promising strong potential for rental income and return on investment. The property's location in Tarrant County, Texas, offers access to a large and growing consumer base. This is a rare opportunity to acquire a well-maintained retail property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,213,163
    6.5%
    $2,042,919
    7%
    $1,896,997
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,512,825
    Geo Method
    $5,322,383
  • Alternative Use

    Use
    Valuation
    Residential
    $1,723,279
    Hospitality
    $1,578,514
    Educational
    $1,313,305
    Medical
    $1,358,472
    Retail
    $2,042,919

Location Insight

City
Bedford
County
Tarrant
State
Texas
Latitude
32.8524
Longitude
-97.1155
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
$17,461
$391,820
$801,965
$1,193,785
-
$391,820
$801,965
$1,193,785

FAQs

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