4364 Heritage Trace PkwyFort Worth, TX 76244

Property Details for 4364 Heritage Trace Pkwy

Year built

2012

Lot size

1.28 AC

Property size (Sq ft)

9,978 SF

Property type

Medical offices

Property subtype

Medical centers

APN

17781C-162-1

APU

17781C1621

Description

This exceptional Class A medical/creative office suite, located at 4364 Heritage Trace Pkwy, Fort Worth, TX 76244, offers 2,461 square feet of immediately available space within a larger 4,569 square foot building. Situated on 1.28 acres in Tarrant County, this single-story building boasts a 12-foot ceiling height and ample parking with 60 spaces. Built in 2012, the property features a modern design suitable for various medical or creative office uses. The suite is currently configured as a physical therapy space with an open plan layout, two restrooms, and two private offices. The space is available for lease or sublease, with a sublease option extending through January 2027. The property's prime location in the North Fort Worth/Alliance area provides excellent accessibility and visibility. The building consists of three total suites. This is a rare opportunity to secure high-quality office space in a thriving market. Minimum divisible space is 2,461 square feet, and the maximum contiguous space available is also 2,461 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $1,890,626

  6.5%

  $1,745,193

  7%

  $1,620,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,152,737

  Geo Method

  $1,200,553

• Alternative Use

  Use

  Valuation

  Residential

  $2,164,039

  Hospitality

  $1,982,248

  Educational

  $1,649,207

  Medical

  $1,705,926

  Retail

  $2,565,433

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.9145

Longitude

-97.2926

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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