3401 Riverside DrFort Worth, TX 76119

  • Office buildings
  • 1,800 SF
For Lease
$13.32/SF/YR View listing

Property Details for 3401 Riverside Dr

Year built
1962
Lot size
2.54 AC
Property size (Sq ft)
1,800 SF
Property type
Office buildings
APN
A 943-1M
APU
A9431M

Description

This exceptional 1800-square-foot commercial property, located at 3401 S Riverside Dr in Fort Worth, Texas (zip code 76119), presents a unique opportunity for a single tenant. The building is a modern, renovated structure ideally suited for coworking spaces, offering a versatile layout adaptable to various business needs. The property type encompasses office, land, and retail uses, providing flexibility for the tenant. The building sits in Tarrant County and offers ample parking, clearly designated for building tenants (see survey in provided photos). The space is ready for immediate occupancy and includes the option of acquiring existing office desks and furniture. This is a single-tenant occupancy property, ensuring privacy and control. Beyond the main building, there's potential for additional outside storage, adding to the property's overall utility. The property's prime location in Fort Worth makes it easily accessible and highly visible, offering excellent potential for business growth and visibility. This is a rare opportunity to secure a well-maintained, versatile commercial space in a thriving Texas market. Contact for details regarding furniture availability and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $363,490
    6.5%
    $335,529
    7%
    $311,563
  • Comparable approach

    Method
    Valuation
    Relative Method
    $227,651
    Geo Method
    $538,902
  • Alternative Use

    Use
    Valuation
    Residential
    $416,056
    Hospitality
    $381,105
    Educational
    $317,075
    Medical
    $327,980
    Retail
    $493,228

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7024
Longitude
-97.3039
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
2023
$4,435
$82,982
$113,022
$196,004
-
$82,982
$113,022
$196,004

FAQs

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