5625 Watauga RdWatauga, TX 76148

Property Details for 5625 Watauga Rd

Year built

1950

Lot size

0.50 AC

Property size (Sq ft)

3,288 SF

Property type

Retail properties

Property subtype

Retail space

APN

37570-5-5

APU

3757055

Description

This exceptional commercial property, located at 5625 Watauga Road in Watauga, Texas, presents a unique investment opportunity. The 0.5-acre lot features two buildings totaling approximately 2,100 square feet. One building, with a commercial aesthetic, offers roughly 1,100 square feet of space, while the second building, resembling a house, provides approximately 1,000 square feet. This dual-building setup offers versatility for a variety of uses. The property boasts a highly desirable location, enjoying exceptional visibility directly on Watauga Road. Its strategic proximity to major transportation arteries enhances its appeal

• CAP approach

  CAP return

  Valuation

  6%

  $915,822

  6.5%

  $845,374

  7%

  $784,990

• Comparable approach

  Method

  Valuation

  Relative Method

  $957,236

  Geo Method

  $2,179,483

• Alternative Use

  Use

  Valuation

  Residential

  $713,105

  Hospitality

  $653,200

  Educational

  $543,455

  Medical

  $562,145

  Retail

  $845,374

Location Insight

City

Watauga

County

Tarrant

State

Texas

Latitude

32.8609

Longitude

-97.2622

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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