1858 Precinct Line RdHurst, TX 76054

Property Details for 1858 Precinct Line Rd

Year built

2003

Lot size

1.00 AC

Property size (Sq ft)

4,162 SF

Property type

Turn key restaurants

APN

19246-1-2

APU

1924612

Description

This exceptional 4,162-square-foot retail property, a former Dickey's Barbecue Pit, presents a unique investment opportunity in Hurst, Texas. Located on a one-acre lot with excellent visibility on Precinct Line Road, this freestanding building boasts a convenient drive-thru and attractive masonry construction. Multiple ingress/egress points and a two-sided monument sign enhance its appeal. The property benefits from its strategic location adjacent to a Walmart Supercenter, across from Tarrant County College, and within easy reach of Highway 183, DFW International Airport, Downtown Fort Worth, and Downtown Dallas. The surrounding area boasts a high average household income, exceeding $110,600 within a one-mile radius, $105,000 within three miles, and $118,000 within five miles. This prime location is part of a dense regional trade area with over 2,900,000 square feet of restaurant and retail space, including major national retailers such as Walmart, Target, Kroger, Lowe's, Kohl's, and many more. The existing building offers significant potential for redevelopment, including conversion into a multi-tenant site with smaller suites. This REO bank-owned property is ready for its next chapter.

• CAP approach

  CAP return

  Valuation

  6%

  $860,213

  6.5%

  $794,043

  7%

  $737,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,160,665

  Geo Method

  $2,760,319

• Alternative Use

  Use

  Valuation

  Residential

  $669,805

  Hospitality

  $613,538

  Educational

  $510,456

  Medical

  $528,012

  Retail

  $794,043

Location Insight

City

Hurst

County

Tarrant

State

Texas

Latitude

32.85

Longitude

-97.1855

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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