425 Westpark WayEuless, TX 76040

Property Details for 425 Westpark Way

Year built

1982

Lot size

0.84 AC

Property size (Sq ft)

7,750 SF

Property type

Medical offices

Property subtype

Medical centers

APN

46270-1-2AR1

APU

4627012AR1

Description

This exceptional single-story office building, totaling 7,790 square feet, is situated on a 0.84-acre lot in Euless, Texas, within Tarrant County. Built in 1982 and extensively renovated in 2022, the Class B property offers multiple tenancy options, with spaces ranging from 1,800 to 2,200 square feet currently available, allowing for up to 3,900 contiguous square feet. The building features 43 parking spaces and boasts a prime location just off Highway 121, a block from Texas Health Methodist Hospital, and only 10 minutes from DFW Airport. Benefit from excellent visibility with monument signage facing Westpark Way. The property's versatile layout and modern finishes cater to various business needs, including traditional, executive, medical, and creative office spaces. The building does not include elevators. This is an exceptional opportunity to establish your business in a highly accessible and visible location within the thriving DFW Metroplex.

• CAP approach

  CAP return

  Valuation

  6%

  $1,484,100

  6.5%

  $1,369,939

  7%

  $1,272,086

• Comparable approach

  Method

  Valuation

  Relative Method

  $991,729

  Geo Method

  $2,042,194

• Alternative Use

  Use

  Valuation

  Residential

  $1,698,724

  Hospitality

  $1,556,022

  Educational

  $1,294,592

  Medical

  $1,339,115

  Retail

  $2,013,810

Location Insight

City

Euless

County

Tarrant

State

Texas

Latitude

32.8327

Longitude

-97.1194

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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