800 E Seminary Dr
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800 E Seminary Dr
1,870 SF Retail Building Fort Worth, TX 76115 $1,296,956 ($694/SF) 5.50% Cap Rate
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
$1,296,956
Price Per SF
$694
Cap Rate
5.50%
NOI
$71,333
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.26 AC
Parking
10 Spaces per 1,000 SF Leased
Frontage
136 FT on East Seminary Drive
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 02860953 | Improvements Assessment | $286,725 |
| Land Assessment | $151,875 | Total Assessment | $438,600 |
PROPERTY TAXES
Parcel Number
02860953
Land Assessment
$151,875
Improvements Assessment
$286,725
Total Assessment
$438,600
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800 E Seminary Dr
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