5700 Park DrWatauga, TX 76148
- Healthcare properties
- 3,152 SF
Property Details for 5700 Park Dr
- Year built
- 2020
- Lot size
- 0.67 AC
- Property size (Sq ft)
- 3,152 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 45137-1-6R1
- APU
- 4513716R1
Description
This exceptional ±3,100 square foot standalone building, constructed in 2021, presents a unique opportunity for a single tenant seeking a prominent location in Watauga, Texas. Situated at 5700 N Park Dr, 76148, this property offers a versatile space ideal for retail or medical office use. The building's single-story design provides convenient access and ample space for various business needs. The property type is classified as both retail and office, with subtypes including medical office and traditional office, making it suitable for a wide range of potential occupants. The building's modern construction ensures efficiency and functionality, while its standalone nature provides excellent visibility and independent control. This ±3,100 square foot space is perfect for businesses seeking a high-profile location in a thriving community. The address is easily accessible, offering convenient access for both employees and clients. The single-tenancy aspect ensures privacy and control over the entire space. This property represents a rare opportunity to secure a well-appointed, modern building in a desirable location. Its versatility and prime location make it an attractive option for businesses seeking to establish or expand their presence in the Watauga market. Don't miss this chance to own a highly sought-after commercial property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $597,239
- 6.5%
- $551,298
- 7%
- $511,919
-
Comparable approach
- Method
- Valuation
- Relative Method
- $364,144
- Geo Method
- $827,132
-
Alternative Use
- Use
- Valuation
- Residential
- $683,609
- Hospitality
- $626,182
- Educational
- $520,976
- Medical
- $538,893
- Retail
- $810,408
Location Insight
- City
- Watauga
- County
- Tarrant
- State
- Texas
- Latitude
- 32.8862
- Longitude
- -97.2583
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].