1200 Blue Mound RdSaginaw, TX 76131

  • Retail properties
  • 15,500 SF
For Lease

Property Details for 1200 Blue Mound Rd

Year built
2003
Lot size
1.57 AC
Property size (Sq ft)
15,500 SF
Property type
Retail properties
Property subtype
Strip malls
APN
10502D-1-5R
APU
10502D15R

Description

This 12,000 square foot Class B retail strip center, built in 2004, is situated on a 1.59-acre lot at 1200 S. Blue Mound Rd., Saginaw, TX 76131, in Tarrant County. The property offers excellent visibility and accessibility with convenient access to the NW Loop 820, catering to a high daytime population. Currently, one retail space of 1,330 square feet is available for lease, representing the minimum and maximum contiguous space available. The entire center consists of a single building with multiple tenants. This presents a unique opportunity for businesses seeking a well-located retail space in a thriving area. The property's strategic location and ample space make it an ideal investment for a variety of retail ventures. The building's 2004 construction date suggests a relatively modern structure, potentially minimizing immediate maintenance needs. The property's location in Tarrant County, Texas, offers access to a substantial consumer base. Interested parties should note that the available space is 1,330 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,317,288
    6.5%
    $3,985,189
    7%
    $3,700,533
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,512,517
    Geo Method
    $10,294,096
  • Alternative Use

    Use
    Valuation
    Residential
    $3,361,656
    Hospitality
    $3,079,259
    Educational
    $2,561,907
    Medical
    $2,650,015
    Retail
    $3,985,189
1200 Blue Mound Rd, Saginaw, Texas

Location Insight

City
Saginaw
County
Tarrant
State
Texas
Latitude
32.8457
Longitude
-97.3437
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
$42,696
$740,059
$1,199,941
$1,940,000
-
$740,059
$1,199,941
$1,940,000

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