1200 Blue Mound RdSaginaw, TX 76131

Property Details for 1200 Blue Mound Rd

Year built

2003

Lot size

1.57 AC

Property size (Sq ft)

15,500 SF

Property type

Strip malls

Property subtype

Neighborhood centers

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.

• 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

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

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