800 8Th AveFort Worth, TX 76104

For Lease
$23/SF/YR View listing
  • Office buildings
  • 191,602 SF

Property Details for 800 8Th Ave

Year built
1971
Lot size
2.05 AC
Property size (Sq ft)
191,602 SF
Property type
Office buildings
APN
9940--A
APU
9940A

Description

This exceptional 2,577 square foot medical office space is available for sublease in the vibrant Fort Worth Medical District at 800 8th Avenue, Fort Worth, Texas, 76104. The property is conveniently located and offers ample parking, a significant advantage for both patients and staff. The well-appointed space features a thoughtfully designed layout including five exam rooms, three private offices, a dedicated reception area, and a fully equipped nurses' station. This turnkey solution is perfect for a growing medical practice seeking a move-in ready environment. The existing furniture is negotiable, offering flexibility to customize the space to meet specific needs. The property is classified as a multi-tenant office building within Tarrant County. This sublease presents a unique opportunity to establish or expand a medical practice in a highly desirable and accessible location within the heart of Fort Worth's medical community. The space is ideal for a variety of medical specialties and offers a comfortable and efficient workspace. Interested parties are encouraged to inquire for further details and scheduling a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $44,451,440
    6.5%
    $41,032,096
    7%
    $38,101,232
  • Comparable approach

    Method
    Valuation
    Relative Method
    $27,744,894
    Geo Method
    $57,363,724
  • Alternative Use

    Use
    Valuation
    Residential
    $50,879,800
    Hospitality
    $46,605,624
    Educational
    $38,775,332
    Medical
    $40,108,876
    Retail
    $60,317,184
800 8Th Ave, Fort Worth, Texas

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7359
Longitude
-97.3442
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
$266,415
$3,123,750
$9,143,288
$12,267,038
-
$3,123,750
$9,143,288
$12,267,038

FAQs

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