This exceptional 1,944-square-foot traditional office space is ideally situated at 6050 E Lancaster Ave in Fort Worth, Texas, within the 76112 zip code. The property is a single-tenant building offering a convenient and efficient workspace. Its location provides unparalleled access to major transportation arteries, including Loop 820, I-30, and I-35, ensuring seamless commutes for employees and clients. A significant advantage is the property's proximity to downtown Fort Worth (a ten-minute drive) and Arlington (fifteen minutes away), offering easy access to a wide range of amenities and business opportunities. This prime location is further enhanced by the availability of Neighborhood Empowerment Zone tax incentives, presenting a compelling financial advantage for prospective tenants. The building is located in Tarrant County and is classified as a traditional office space. The property's single-tenant occupancy ensures a private and controlled environment, ideal for businesses seeking a dedicated and secure workspace. This presents a unique opportunity to establish a thriving business in a highly accessible and advantageous location within Fort Worth. The property's size makes it suitable for a variety of businesses, from small startups to established companies seeking a convenient and well-connected office space. The combination of prime location, tax incentives, and single-tenant occupancy makes this property a highly attractive investment opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$309,771
6.5%
$285,942
7%
$265,518
Comparable approach
Method
Valuation
Relative Method
$215,130
Geo Method
$582,014
Alternative Use
Use
Valuation
Industrial / Distribution
$621,892
Retail / Commercial
$307,365
Mixed-Use / Specialty
$297,178
Hospitality / Lodging
$206,193
Institutional / Educational
$305,696
Residential Income
$357,664
Multifamily
$479,366
Automotive / Energy
$262,025
Parking / Income-Based Land
$99,404.20
Restaurant / Food Service
$135,161
Healthcare / Senior Housing
$314,074
Location Insight
City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7351
Longitude
-97.2271
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Lancaster Ave Fort Worth, TX 76112
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Lancaster Ave Fort Worth, TX 76112
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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