914 Sylvania AveFort Worth, TX 76111

Property Details for 914 Sylvania Ave

Year built

2008

Lot size

0.21 AC

Property size (Sq ft)

3,000 SF

Property type

Office buildings

APN

22020-1-3A

APU

2202013A

Description

This exceptional 3,000-square-foot office space in Fort Worth, Texas, presents a unique opportunity for a single tenant. Located at 914 N Sylvania Ave, zip code 76111, this property offers a flexible layout suitable for executive offices or adaptable workspace configurations. The building's total square footage is 3,000 square feet, with the entire space currently vacant and ready for immediate occupancy. The property's prime location within the Six Points Urban Village offers unparalleled convenience and accessibility. Situated just two miles east of downtown Fort Worth, this location benefits from proximity to a thriving urban core while maintaining a distinct neighborhood character. The area boasts a vibrant culinary scene, with numerous dining options within easy reach, including Tropic Lady, Kingyo Sushi & Ramen House, Dough'd Up, Race Street Coffee, and Tesoro Mexican. Furthermore, the significant presence of over 600 units of newly constructed multifamily housing in the district ensures a robust and growing population base. This property is ideal for businesses seeking a modern, flexible workspace in a dynamic and convenient location. The address is easily accessible and benefits from the surrounding infrastructure and amenities. This is a rare opportunity to secure a substantial, single-tenant office space in a rapidly developing area of Fort Worth.

• CAP approach

  CAP return

  Valuation

  6%

  $932,101

  6.5%

  $860,401

  7%

  $798,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $510,920

  Geo Method

  $898,170

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,657,290

  Retail / Commercial

  $857,023

  Mixed-Use / Specialty

  $859,620

  Hospitality / Lodging

  $638,035

  Institutional / Educational

  $895,679

  Residential Income

  $1,047,940

  Multifamily

  $1,225,510

  Automotive / Energy

  $767,725

  Parking / Income-Based Land

  $259,348

  Restaurant / Food Service

  $459,159

  Healthcare / Senior Housing

  $875,728

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.7766

Longitude

-97.3083

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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