3608 Grove StFort Worth, TX 76106

Property Details for 3608 Grove St

Year built

2019

Lot size

0.14 AC

Property size (Sq ft)

440 SF

Property type

Office buildings

APN

14570-30-10

APU

145703010

Description

This exceptional 6,273-square-foot industrial flex space at 3608 N Grove St presents a unique opportunity for a single-tenant user. The property boasts Light Industrial zoning, ensuring versatility for a wide range of businesses. The building itself is a single-tenant structure, offering privacy and control. The enclosed lot provides ample secure space, enhanced by the convenience of an automatic gate, ensuring both security and ease of access for loading and unloading. This property is ideal for businesses requiring a blend of office and warehouse space, offering a functional and efficient layout. The single-tenant occupancy eliminates the complexities of multi-tenant management, allowing for streamlined operations and focused business growth. Its strategic location offers easy access to major transportation routes (specific location details are not provided in the property information). This property is ready for immediate occupancy and represents a compelling investment opportunity for businesses seeking a well-maintained, secure, and functional industrial space. The property's Light Industrial zoning allows for a variety of uses, subject to local regulations. The enclosed lot with automatic gate provides a secure and convenient environment for operations. This is a rare opportunity to acquire a well-positioned, single-tenant industrial flex space in a desirable location. Interested parties are encouraged to inquire for further details and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $99,104

  6.5%

  $91,481

  7%

  $84,946

• Comparable approach

  Method

  Valuation

  Relative Method

  $60,896

  Geo Method

  $131,732

• Alternative Use

  Use

  Valuation

  Residential

  $113,436

  Hospitality

  $103,907

  Educational

  $86,449

  Medical

  $89,422

  Retail

  $134,476

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.809

Longitude

-97.3467

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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