421 Sherry LnFort Worth, TX 76114

  • Super regional malls
  • 107,576 SF

Property Details for 421 Sherry Ln

Year built
2009
Lot size
27.05 AC
Property size (Sq ft)
107,576 SF
Property type
Super regional malls
APN
46255M-1-2R2
APU
46255M12R2

Description

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

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
$373,357
$5,890,835
$7,374,102
$13,264,937
-
$5,890,835
$7,374,102
$13,264,937

FAQs

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Please email our support team at [email protected] and they will add the team member.
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