800 E Seminary Dr
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800 E Seminary Dr
1,870 SF Retail Building Fort Worth, TX 76115 £1,024,608 (£548/SF) 5.50% Net Initial Yield
Investment Highlights
- +/- 1,170 SF
- Built in 1977 / Renovated in 2020
- Heavy Traffic in the Area
- +/- 0.823 AC
- 30+ Surface Parking
Executive Summary
The property is prominently positioned on the corner of 800 E Seminary Dr at I-35. 10 minutes just south of Downtown Ft. Worth. The property is on the access road and easily accessible making transportation convenient. Nestled in the center of high density residential, with over 27,000 cars traveling Seminary Dr. and over 175,000 cars traveling I-35 daily.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,870 SF
Building Class
C
Year Built/Renovated
1977/2020
Price
£1,024,608
Price Per SF
£548
Net Initial Yield
5.50%
NOI
£56,353
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Land Acres
0.26 AC
Parking
10 Spaces per 1,000 SF Leased
Frontage
136 ft on East Seminary Drive
Walk Score ®
Very Walkable (71)
PROPERTY TAXES
Parcel Number | 02860953 | Improvements Assessment | £226,226 |
Land Assessment | £119,829 | Total Assessment | £346,055 |
PROPERTY TAXES
Parcel Number
02860953
Land Assessment
£119,829
Improvements Assessment
£226,226
Total Assessment
£346,055
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800 E Seminary Dr
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