$1,650,000
( $366.67Per Sq Foot )
$9,369 est/mo Sourced by Back At You2118 E State Hwy 114 , Southlake, TX 76092
Southlake, TX 76092
Description
Investors Dream -property comes with a tenant who pays equivalent to a 7.25 cap rate. The construction will be completed summer 2020. Property sits on a busy thoroughfare off Highway 114 with 70,000 autos per day. The current owner will be the tenant. If buyer prefers to use for own purposes that can be done as well. The construction quality utilizes only the finest products to make this great facility. This has a superb use for a medical building as well as general office facility. The location is close to the Methodist Hospital. The average household income is 185k per year. This location also would be a great place for a pediatric clinic as it is also close to a new Children's hospital.
Details
| MLS# | 14239567 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2019 |
| Days On Site | 1282 |
| Listing Provided By | Preston Bend Real Estate | Terry Reed |
Features
| SQ Feet | 4,500 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | C2 |
| Acreage | 0.74 |
Market Activity 76092
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Learn More About This Property
| State | TX |
|---|---|
| County | Tarrant |
| City | Southlake |
| Zip Code | 76092 |
| Area | Tarrant |
| Community Name | Mesco Addition Blk 1 Lot 7R |
| Listing VS Median (in Mesco Addition Blk 1 Lot 7R) | |
Price: $1,650,000 low | high Med: $1,650,000 SqFt: 4,500 low | high Med: 4,500 $ / SqFt: $367 low | high Med: $367 On Site: 1282 low | high Med: 1282.000000 | |
Listing Updated: January 11, 2025 at 4:06:11 PM PST