5445 Basswood BlvdFort Worth, TX 76137

  • Medical offices
  • 9,882 SF
For Lease
$18.50/SF/YR View listing

Property Details for 5445 Basswood Blvd

Year built
1999
Lot size
1.00 AC
Property size (Sq ft)
9,882 SF
Property type
Medical offices
Property subtype
Medical centers
APN
31565-34-48B1
APU
315653448B1

Description

This exceptional medical office space, located in Tarrant County's thriving Alliance Town Center area, offers 1,884 square feet of readily available space within a larger 9,882 square foot building. The property is ideally situated for medical practices seeking high visibility and convenient access to major transportation arteries. Its strategic location provides effortless connectivity to I-35W, I-820, and US-377, ensuring easy commutes for both patients and staff. The building's placement near Alliance Town Center offers significant advantages, including proximity to a diverse range of retail establishments, restaurants, and residential areas, creating a vibrant and convenient environment. This rapidly developing area presents a unique opportunity for medical professionals to establish or expand their practice in a high-demand location. The multi-tenant building provides a professional and collaborative atmosphere. The available space is perfect for a variety of medical uses and is ready for immediate occupancy. This prime location offers excellent visibility and accessibility, making it an attractive option for medical practices seeking a strong presence in a growing community. The property's strategic placement within the Alliance Town Center ensures a robust patient base and a thriving business environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,872,435
    6.5%
    $1,728,402
    7%
    $1,604,945
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,141,646
    Geo Method
    $2,596,137
  • Alternative Use

    Use
    Valuation
    Residential
    $2,143,218
    Hospitality
    $1,963,176
    Educational
    $1,633,340
    Medical
    $1,689,513
    Retail
    $2,540,751

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.8746
Longitude
-97.267
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
$37,166
$304,304
$1,295,696
$1,600,000
-
$304,304
$1,295,696
$1,600,000

FAQs

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