10100 Hicks Field RdFort Worth, TX 76179

  • Retail properties
  • 15,924 SF
For Sale

Property Details for 10100 Hicks Field Rd

Year built
2013
Lot size
1.47 AC
Property size (Sq ft)
15,924 SF
Property type
Retail properties
Property subtype
Auto shops
APN
11113-1-1
APU
1111311

Description

This exceptional 15,920-square-foot industrial warehouse, situated on a 1.47-acre lot in the North Fort Worth submarket of Tarrant County, presents a remarkable opportunity for businesses seeking a versatile and well-equipped space. Built in 2000, the property boasts a single-tenant occupancy and is currently fully vacant, offering immediate possession. The building features a flexible layout with approximately 3,565 square feet of office space, ideal for administrative functions or specialized operations. High ceilings, ranging from 12 to 16 feet, provide ample vertical clearance for various industrial uses. Four drive-in doors—one 8x8 feet, two 10x10 feet, and one 12x12 feet—ensure efficient loading and unloading. The property is equipped with robust 3-phase, 240V, 600-amp power, supporting demanding industrial processes. The warehouse is partially air-conditioned, offering climate control in select areas. The property is fully paved and fenced, providing security and ease of access. Its zoning designation, "K" Heavy Industrial, allows for a wide range of industrial activities. This prime location within the West Tarrant submarket cluster offers excellent access to major transportation arteries, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The property's size, features, and location combine to create a compelling investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,435,387
    6.5%
    $4,094,203
    7%
    $3,801,760
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,635,956
    Geo Method
    $4,828,258
  • Alternative Use

    Use
    Valuation
    Residential
    $3,453,614
    Hospitality
    $3,163,492
    Educational
    $2,631,988
    Medical
    $2,722,506
    Retail
    $4,094,203
10100 Hicks Field Rd, Fort Worth, Texas

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.9075
Longitude
-97.4001
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
$24,029
$352,858
$787,300
$1,140,158
-
$352,858
$787,300
$1,140,158

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