4500 Mercantile Plaza DrFort Worth, TX 76137

Property Details for 4500 Mercantile Plaza Dr

Year built

2000

Lot size

11.53 AC

Property size (Sq ft)

152,521 SF

Property type

Office buildings

APN

25768-2D-1R

APU

257682D1R

Description

This exceptional Class A office space in Fort Worth's Mercantile Plaza offers a diverse range of options for businesses of all sizes. Located at 4500 Mercantile Plaza Suite 300, Tarrant County, TX 76137, this 15,610 square foot building boasts 350 suites, with 5,970 square feet currently vacant. The property underwent renovations in 2019 and features elevators for convenient access. Spaces are available from a minimum of 10 square feet up to a maximum contiguous space of 1,300 square feet, catering to individual entrepreneurs and larger companies alike. The building offers a variety of configurations, including executive offices, coworking spaces, and creative office layouts, providing flexibility to suit diverse business needs. Options range from fully furnished private offices tailored to specific requirements, to shared coworking areas and hot-desking arrangements. Meeting rooms are also available for short-term or long-term use, equipped with Wi-Fi and presentation capabilities. Virtual office solutions are also offered, including mail handling and virtual assistant services. This prime location provides a professional and inspiring work environment, fostering collaboration and productivity. The building's modern amenities and flexible lease terms make it an ideal choice for businesses seeking a dynamic and efficient workspace in the heart of Fort Worth.

• CAP approach

  CAP return

  Valuation

  6%

  $28,899,588

  6.5%

  $26,676,542

  7%

  $24,771,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,620,420

  Geo Method

  $45,663,264

• Alternative Use

  Use

  Valuation

  Residential

  $33,078,912

  Hospitality

  $30,300,106

  Educational

  $25,209,332

  Medical

  $26,076,320

  Retail

  $39,214,516

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.8222

Longitude

-97.3097

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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