600 Mid Cities BlvdHurst, TX 76054

  • Specialty properties
  • 19,797 SF
For Lease
$16/SF/YR View listing

Property Details for 600 Mid Cities Blvd

Year built
1995
Lot size
3.50 AC
Property size (Sq ft)
19,797 SF
Property type
Specialty properties
Property subtype
Day care centers & nurseries
APN
14663-4-1
APU
1466341

Description

This 6,060-square-foot office building, constructed in 1995, is situated at 600 Mid-Cities Blvd, Hurst, TX 76054. Currently configured as an after-school facility, the property offers significant flexibility for a variety of uses. Zoned for Limited Business (LB), potential tenants include, but are not limited to, executive offices, medical offices, ABA therapy centers, art and dance studios, and dog daycares. The building is entirely vacant, presenting a unique opportunity for a single tenant to customize the space to their specific needs. The monthly base rent is $8,080, with estimated monthly NNN expenses of $3,030. It's important to note that the property is not suitable for standard childcare centers; however, faith-based or language immersion childcare uses may be considered on a case-by-case basis. This property presents a compelling investment opportunity in a thriving Hurst location. The building's size and versatile zoning make it an ideal choice for a wide range of businesses seeking a prominent and functional space. Interested parties are encouraged to inquire for further details and to explore the possibilities this property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,666,724
    6.5%
    $3,384,668
    7%
    $3,142,906
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,630,170
    Geo Method
    $5,983,243
  • Alternative Use

    Use
    Valuation
    Residential
    $4,293,594
    Hospitality
    $3,932,909
    Educational
    $3,272,134
    Medical
    $3,384,668
    Retail
    $5,089,986
600 Mid Cities Blvd, Hurst, Texas

Location Insight

City
Hurst
County
Tarrant
State
Texas
Latitude
32.8651
Longitude
-97.1799
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
$42,077
$915,798
$1,111,041
$2,026,839
-
$915,798
$1,111,041
$2,026,839

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