4116 Keller Hicks RdFort Worth, TX 76244

  • Commercial land
  • 0.54 AC

Property Details for 4116 Keller Hicks Rd

Lot size
0.54 AC
Property type
Commercial land
APN
A 70-2J
APU
A702J

Description

This exceptional 1.1-acre property in the desirable North Fort Worth-Keller area presents a rare opportunity. Zoned for light industrial use, it boasts two existing buildings totaling approximately 7,450 square feet, constructed in 2005. The main building comprises a spacious shop area of roughly 2,400 square feet, complemented by a 400-square-foot heated and cooled office space, a full bath, a half bath, and three 12'x12' roll-up doors. A separate structure, approximately 3,400 square feet, features two full baths and a substantial five-car garage (approximately 1,250 square feet), offering significant potential for conversion into additional office space. The property benefits from 100 feet of road frontage, access to city utilities, and is located outside of any flood zone. While the buildings exhibit deferred maintenance and are currently served by septic systems, sewer stubs are in place. Importantly, future residential use is prohibited. This property is being sold AS-IS. This presents a unique chance to acquire a valuable industrial site with existing structures, ideal for redevelopment or continued use. The location and zoning make this an attractive investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $9,739,830
    Retail / Commercial
    $5,022,450
    Mixed-Use / Specialty
    $5,026,540
    Hospitality / Lodging
    $3,716,460
    Office
    $5,019,590
    Institutional / Educational
    $5,233,440
    Residential Income
    $6,123,130
    Multifamily
    $7,221,790
    Automotive / Energy
    $4,485,810
    Parking / Income-Based Land
    $1,526,260
    Restaurant / Food Service
    $2,661,290
    Healthcare / Senior Housing
    $5,132,070

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.9383
Longitude
-97.2738
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
2022
$4,342
$169,358
-
$169,358
-
$169,358
-
$169,358

FAQs

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