8313 Whitley RdWatauga, TX 76148

For Lease
$18/SF/YR View listing
  • Office buildings
  • 5,315 SF

Property Details for 8313 Whitley Rd

Year built
2008
Lot size
0.51 AC
Property size (Sq ft)
5,315 SF
Property type
Office buildings
APN
31804L-A-4
APU
31804LA4

Description

This exceptional single-story medical office building, located at 8313 Whitley Rd in Watauga, Texas, offers 5,315 square feet of versatile space. Built in 2007, this Class B property sits on a generous 51-acre lot and features a modern interior finish. The building is currently configured for multiple tenants, with two spaces immediately available. Flexible lease options are available, ranging from a minimum of 1,915 square feet up to the entire 5,315 square feet. The property boasts significant advantages for medical practices, including a backup generator ensuring uninterrupted operations and an extensive security system for enhanced peace of mind. Its convenient location in Tarrant County, Texas, zip code 76148, provides easy access for patients and staff. This is a rare opportunity to secure a well-maintained, functional medical office space in a desirable location. The building's single-story design and ample parking provide convenient access for patients and staff. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,007,083
    6.5%
    $929,615
    7%
    $863,214
  • Comparable approach

    Method
    Valuation
    Relative Method
    $614,030
    Geo Method
    $1,205,176
  • Alternative Use

    Use
    Valuation
    Residential
    $1,152,723
    Hospitality
    $1,055,888
    Educational
    $878,486
    Medical
    $908,699
    Retail
    $1,366,534
8313 Whitley Rd, Watauga, Texas

Location Insight

City
Watauga
County
Tarrant
State
Texas
Latitude
32.8934
Longitude
-97.2553
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
$18,674
$177,800
$722,200
$900,000
-
$177,800
$722,200
$900,000

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