1204 7Th StFort Worth, TX 76102

  • Office properties
  • 17,760 SF
For Lease

Property Details for 1204 7Th St

Year built
1935
Lot size
0.84 AC
Property size (Sq ft)
17,760 SF
Property type
Office properties
Property subtype
Office buildings
APN
33740-6-2R
APU
3374062R

Description

This exceptional office building, located at 1204 W 7th Street in Fort Worth, Texas, offers a prime location within Tarrant County. The property boasts a total of 17,036 square feet, with a minimum divisible space of 8,035 square feet and a maximum contiguous space of 8,035 square feet currently available. This traditional office building is ideal for businesses seeking a prominent address in a thriving area. The building's strategic location on West 7th Street, near the Henderson intersection, provides easy access to major transportation arteries, including I-30, and places it within minutes of the Cultural District, the Stockyards National Historic District, and City Hall. This convenient location offers unparalleled accessibility for employees and clients alike. The property features ample parking, with a ratio of 2.65 spaces per 1,000 square feet. The building is perfect for a single tenant seeking a large space or multiple tenants requiring smaller, yet substantial, office suites. This is a rare opportunity to secure a well-situated office space in a highly desirable area of Fort Worth. The zip code is 76102.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,868,858
    6.5%
    $4,494,330
    7%
    $4,173,306
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,024,649
    Geo Method
    $5,317,166
  • Alternative Use

    Use
    Valuation
    Residential
    $5,572,969
    Hospitality
    $5,104,810
    Educational
    $4,247,142
    Medical
    $4,393,208
    Retail
    $6,606,665
1204 7Th St, Fort Worth, Texas

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7514
Longitude
-97.3394
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
$50,248
$2,021,800
$68,480
$2,090,280
-
$2,021,800
$68,480
$2,090,280

FAQs

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