1250 Southlake BlvdSouthlake, TX 76092

For Lease
  • Office buildings
  • 12,200 SF

Property Details for 1250 Southlake Blvd

Year built
1998
Lot size
1.34 AC
Property size (Sq ft)
12,200 SF
Property type
Office buildings
APN
14763--4
APU
147634

Description

This exceptional ±12,000 square foot traditional office building, located at 1250 W Southlake Blvd in Southlake, Texas, presents a unique leasing opportunity. Built in 1998, this single-tenant property boasts a two-story design within a single building. The property is situated in Tarrant County, offering easy access to key transportation routes and amenities. The building's O1 zoning designation is ideal for a variety of professional office uses. Convenient features include an on-site garage building and covered parking, ensuring security and ease of access for employees and clients. The location near Carroll ISD Senior High School adds to its appeal, providing a prestigious address and proximity to a thriving community. This property offers a blend of functionality and style, making it an ideal setting for a corporate office seeking a prominent Southlake location, easily accessible from Southlake Blvd and Southridge Lakes Pkwy. The building's substantial square footage provides ample space for a variety of office configurations and layouts, catering to the needs of growing businesses. This is a rare opportunity to secure a well-maintained, strategically located office building in a highly desirable area. The property's features and location combine to create an exceptional environment for any professional organization.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,024,892
    6.5%
    $2,792,208
    7%
    $2,592,765
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,214,641
    Geo Method
    $1,467,904
  • Alternative Use

    Use
    Valuation
    Residential
    $3,462,338
    Hospitality
    $3,171,483
    Educational
    $2,638,637
    Medical
    $2,729,384
    Retail
    $4,104,546
1250 Southlake Blvd, Southlake, Texas

Location Insight

City
Southlake
County
Tarrant
State
Texas
Latitude
32.9421
Longitude
-97.1697
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
$52,857
$702,540
$2,197,460
$2,900,000
-
$702,540
$2,197,460
$2,900,000

FAQs

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