3132 Alta Mesa BlvdFort Worth, TX 76133

Property Details for 3132 Alta Mesa Blvd

Year built

1987

Lot size

0.52 AC

Property size (Sq ft)

6,000 SF

Property type

Retail properties

Property subtype

Retail space

APN

47690-2-5R1

APU

4769025R1

Description

This exceptional 6,000-square-foot medical office building, located at 3132 Altamesa Blvd in Fort Worth, Texas, presents a unique investment or owner-user opportunity. The property, situated on a half-acre lot (0.52 acres) in Tarrant County, boasts a Class B designation and is currently vacant. Built in 1987 and extensively renovated in 2022, the single-story building offers a turnkey solution for medical professionals. The layout is ideally suited for various medical practices, having previously served as an orthopedic office. Key features include a dedicated x-ray room, multiple exam rooms, a well-equipped workout area, a spacious reception area, and several nurses' stations. The property's excellent condition and strategic location in the 76133 zip code make it an attractive proposition for both investors seeking a strong return and medical practitioners looking for a move-in ready space. The building's recent renovation ensures modern amenities and functionality, minimizing the need for immediate capital expenditures. This is a rare opportunity to acquire a well-maintained, fully equipped medical office building in a desirable Fort Worth location. The property is offered for sale by owner.

• CAP approach

  CAP return

  Valuation

  6%

  $1,781,101

  6.5%

  $1,644,093

  7%

  $1,526,658

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,912,265

  Geo Method

  $4,526,777

• Alternative Use

  Use

  Valuation

  Residential

  $1,386,854

  Hospitality

  $1,270,351

  Educational

  $1,056,917

  Medical

  $1,093,266

  Retail

  $1,644,093

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.6499

Longitude

-97.3632

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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