109 River Oaks DrSouthlake, TX 76092

Property Details for 109 River Oaks Dr

Year built

2007

Lot size

0.71 AC

Property size (Sq ft)

3,432 SF

Property type

Office properties

Property subtype

Other office properties

APN

34516C--2

APU

34516C2

Description

This exceptional 1,665 square foot medical office space in Southlake, Texas, is ideally situated at 109 River Oaks Drive, 76092. Built in 2007, this single-tenant, first-floor property offers a fully built-out, second-generation space ready for immediate occupancy. The 3,432 total square foot building sits on a 0.71-acre lot and boasts a professional layout including multiple private offices, a dedicated conference room, and a convenient break room, perfectly suited for healthcare providers. The property provides ample parking, with a generous ratio of 3.5 spaces per 1,000 square feet, ensuring easy access for both patients and staff. Its prime location offers easy access to DFW International Airport, situated just 19 minutes away. This turnkey solution eliminates the need for extensive renovations, allowing medical professionals to focus on establishing and growing their practice. The property is available immediately.

• CAP approach

  CAP return

  Valuation

  6%

  $850,937

  6.5%

  $785,480

  7%

  $729,374

• Comparable approach

  Method

  Valuation

  Relative Method

  $623,004

  Geo Method

  $412,938

• Alternative Use

  Use

  Valuation

  Residential

  $973,996

  Hospitality

  $892,175

  Educational

  $742,279

  Medical

  $767,807

  Retail

  $1,154,656

Location Insight

City

Southlake

County

Tarrant

State

Texas

Latitude

32.9367

Longitude

-97.1896

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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