1320 University DrFort Worth, TX 76107

  • Office buildings
  • 268,755 SF
For Lease
$29/SF/YR View listing

Property Details for 1320 University Dr

Year built
1986
Lot size
3.34 AC
Property size (Sq ft)
268,755 SF
Property type
Office buildings
APN
44173-1-2R1
APU
4417312R1

Description

University Centre II offers 201,871 square feet of Class A office space in a single, ten-story building located at 1320 S University Dr, Fort Worth, TX 76107, in Tarrant County. This multi-tenant property boasts a dramatic lobby featuring Italian marble floors and offers convenient card key access. Seven suites are currently available, ranging in size from 943 to 6,369 square feet. The building includes elevators for easy access to all floors. On-site amenities include a deli and on-site management, ensuring convenience and responsiveness. The building benefits from responsive, on-site ownership. Its strategic location provides easy access to major highways, including I-30 and I-35, and is a short distance from the Fort Worth Central Business District. Nearby attractions and amenities include University Park Village, West 7th Street, the Fort Worth Botanic Garden, the Cultural District, and Texas Christian University (TCU). The property is also conveniently located approximately 25 minutes from Dallas/Fort Worth International Airport (DFW).

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $74,040,680
    6.5%
    $68,345,248
    7%
    $63,463,444
  • Comparable approach

    Method
    Valuation
    Relative Method
    $48,474,568
    Geo Method
    $80,462,560
  • Alternative Use

    Use
    Valuation
    Residential
    $84,748,104
    Hospitality
    $77,628,808
    Educational
    $64,586,256
    Medical
    $66,807,476
    Retail
    $100,467,512

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7318
Longitude
-97.3639
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
$475,182
$3,640,200
$16,359,800
$20,000,000
-
$3,640,200
$16,359,800
$20,000,000

FAQs

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