5351 River Oaks BlvdRiver Oaks, TX 76114

Property Details for 5351 River Oaks Blvd

Year built

1997

Lot size

1.48 AC

Property size (Sq ft)

4,301 SF

Property type

Banks

APN

27895-1-2

APU

2789512

Description

This exceptional retail property, formerly a Bank of America branch, presents a unique investment opportunity in the thriving River Oaks area of Tarrant County, Texas. Located at 5351 River Oaks Boulevard, zip code 76114, this single-tenant storefront offers significant potential for a variety of retail businesses. The property's strategic location provides excellent visibility and accessibility, benefiting from high traffic volume and a strong local customer base. The building itself is situated on a well-maintained lot and boasts a substantial amount of square footage, ideal for a business requiring ample space. The previous use as a bank suggests a robust infrastructure, including secure features and potentially adaptable interior layouts. This turnkey solution minimizes upfront renovation costs and allows for a swift transition into operation. The property's classification as a storefront within the retail sector makes it particularly attractive to businesses seeking high-profile visibility and direct customer interaction. Detailed property specifications are available upon request. This is an exceptional chance to acquire a well-positioned retail space in a desirable Texas location. The property is situated in Tarrant County, offering access to a robust local economy and a diverse population. Don't miss this opportunity to secure a prime retail location in a thriving community. Contact us today to learn more about this exciting investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $1,741,810

  6.5%

  $1,607,824

  7%

  $1,492,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,954,913

  Geo Method

  $3,244,944

• Alternative Use

  Use

  Valuation

  Residential

  $1,356,260

  Hospitality

  $1,242,327

  Educational

  $1,033,601

  Medical

  $1,069,148

  Retail

  $1,607,824

Location Insight

City

River Oaks

County

Tarrant

State

Texas

Latitude

32.7714

Longitude

-97.4007

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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