This exceptional retail investment opportunity is located at 421 Sherry Ln, Fort Worth, Texas, 76114, within Tarrant County. The property, known as Westover Village, is a multi-tenant shopping center offering four available junior box spaces, ideal for a variety of retail businesses. The property's zoning is General Commercial, providing flexibility for a range of uses. Its convenient location in Fort Worth offers excellent visibility and accessibility for customers. The precise square footage of each available space is not currently specified, but interested parties are encouraged to inquire for detailed information. This presents a unique chance to establish or expand a retail presence in a thriving Fort Worth community. The property's address is easily accessible from major roadways, ensuring high traffic flow and convenient access for both customers and employees. The multiple tenancy structure provides a diverse and vibrant shopping environment, creating a synergistic atmosphere that benefits all occupants. This is a prime opportunity for businesses seeking a well-established location with high potential for growth and success within a bustling commercial area. Further details regarding lease terms, pricing, and available space dimensions are available upon request. Don't miss this chance to secure your place in this thriving Fort Worth retail center. Contact us today to schedule a viewing and explore the possibilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$43,565,888
6.5%
$40,214,668
7%
$37,342,192
Comparable approach
Method
Valuation
Relative Method
$48,896,000
Geo Method
$81,162,088
Alternative Use
Use
Valuation
Residential
$33,922,576
Hospitality
$31,072,898
Educational
$25,852,286
Medical
$26,741,386
Retail
$40,214,668
Location Insight
City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.754
Longitude
-97.4276
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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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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