1100 Southlake BlvdSouthlake, TX 76092

Property Details for 1100 Southlake Blvd

Year built

1998

Lot size

2.29 AC

Property size (Sq ft)

16,950 SF

Property type

Office buildings

APN

16764--1R1

APU

167641R1

Description

This exceptional 2,700 square foot medical office building presents a unique investment opportunity in Tarrant County, Texas. Located at 1100 E. Southlake Blvd, the property boasts a highly desirable single-tenant occupancy, offering immediate possession for the new owner. The building's strategic location near the intersection of Southlake Boulevard and Carroll Avenue ensures high visibility and accessibility. This area is characterized by a substantial residential population with strong income levels, guaranteeing a consistent flow of potential patients. The property benefits significantly from its proximity to major shopping centers, including the Southlake Town Center, Park Village, and the Shops of Southlake anchored by Central Market. This convenient location provides excellent exposure to a large customer base and enhances the overall appeal of the property. The entire 2,700 square feet is currently vacant, providing a blank canvas for a new medical practice or related business to establish a thriving presence. The building's single-tenant configuration simplifies management and offers a streamlined operational structure. This turnkey opportunity is ideal for medical professionals seeking a well-situated, high-traffic location to establish or expand their practice. The property's prime location and substantial square footage make it an attractive investment for those seeking a strong return on investment in a thriving market. This is a rare chance to acquire a fully vacant, single-tenant medical office building in a highly sought-after area of Tarrant County.

• CAP approach

  CAP return

  Valuation

  6%

  $4,202,617

  6.5%

  $3,879,339

  7%

  $3,602,243

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,076,898

  Geo Method

  $2,039,424

• Alternative Use

  Use

  Valuation

  Residential

  $4,810,380

  Hospitality

  $4,406,282

  Educational

  $3,665,975

  Medical

  $3,792,054

  Retail

  $5,702,628

Location Insight

City

Southlake

County

Tarrant

State

Texas

Latitude

32.9416

Longitude

-97.1354

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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