1856 Precinct Line RdHurst, TX 76054

Property Details for 1856 Precinct Line Rd

Year built

2005

Lot size

1.51 AC

Property size (Sq ft)

14,400 SF

Property type

Retail properties

Property subtype

Strip malls

APN

19246-1-3

APU

1924613

Description

Precinct Line Plaza, a 14,400-square-foot retail strip center located at 1856 Precinct Line Rd in Hurst, Texas (zip code 76054), presents a compelling investment opportunity. Built in 2006, this single-building property sits on a 1.51-acre lot in Tarrant County. The center offers multiple tenancy options, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 4,671 square feet. This makes it ideal for a variety of retail businesses, from smaller boutiques to larger operations. The property's location in Hurst, Texas provides excellent access to a thriving community and strong consumer base. Currently, two spaces are available, providing immediate occupancy potential for prospective tenants. The property's 2006 construction ensures relatively modern amenities and infrastructure. This is a prime opportunity to acquire a well-situated retail property in a desirable Texas market. The property's size and flexibility make it an attractive option for both single and multi-tenant occupancy. Interested parties should inquire for further details and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $2,976,230

  6.5%

  $2,747,290

  7%

  $2,551,055

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,015,757

  Geo Method

  $9,550,495

• Alternative Use

  Use

  Valuation

  Residential

  $2,317,442

  Hospitality

  $2,122,764

  Educational

  $1,766,115

  Medical

  $1,826,854

  Retail

  $2,747,290

Location Insight

City

Hurst

County

Tarrant

State

Texas

Latitude

32.8498

Longitude

-97.1848

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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