970 Humbolt StFort Worth, TX 76104

Property Details for 970 Humbolt St

Year built

1950

Lot size

0.35 AC

Property size (Sq ft)

9,305 SF

Property type

Office properties

Property subtype

Office buildings

APN

27185----2---43---20

APU

2718524320

Description

The Commerce Building offers 55,175 square feet of Class A industrial and office space, ideally suited for a variety of businesses. This exceptional property comprises two modern buildings, each constructed in 2022 with tilt-up concrete, brick, and glass accents. Building one encompasses 13,400 square feet, while building two offers a substantial 28,775 square feet. Currently, 19,175 square feet of contiguous space is available, with a minimum divisible unit of 8,500 square feet. The buildings boast impressive features including 20'6" ceiling heights, enhancing storage and operational efficiency. Loading and access are facilitated by three loading docks and three drive-in doors in each building. Ample parking is provided with a total of 78 spaces. The property is zoned for Suburban Employment and offers 1200 AMP power. This versatile space is perfect for businesses requiring a blend of office and warehouse functionality, with flexible layouts accommodating various operational needs. The property's modern design and strategic location make it an attractive option for businesses seeking a high-quality, efficient workspace. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,307,612

  6.5%

  $2,130,104

  7%

  $1,977,954

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,437,735

  Geo Method

  $2,785,824

• Alternative Use

  Use

  Valuation

  Residential

  $2,641,329

  Hospitality

  $2,419,443

  Educational

  $2,012,948

  Medical

  $2,082,177

  Retail

  $3,131,253

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.7345

Longitude

-97.316

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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