Mixed-Use Building with
New
For Sale
$499,000
347 N Cherry Lane, White Settlement, TX 76108
Three commercial spaces accompany a legally grandfathered residential apartment and on-site parking.
Property Size3,550 SF
Days on Market3
Property Features for 347 N Cherry Lane
General Information
Standard status
Active
Size
3,550 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Gross Income
$2,800
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,699
Building Details
Building Size
3,550 SF
Year Built
1970
Tenancy
Multi
Abandoned
No
Listing Agency:
AmeriPlex Realty, Inc.
(817) 366-0372
Listed By:
Teresa Von Illyes · License #0441572
Source:
Nilesrealtygroup
Added: Aug 9
Changed: Aug 10
Last Checked: Aug 10 at 4:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AmeriPlex Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 1970, this mixed-use property combines three commercial spaces with a small residential apartment that is legally grandfathered. The commercial component is fully occupied, and one tenant has a lease extending through January 2026. On-site parking, road frontage, and low-maintenance construction are also part of the property profile.
The building is positioned across from the City's Dog Park and includes views of Downtown Fort Worth. Lockheed Martin is nearby, while I-30 and Loop 820 provide regional access. Current operations include professional property management, owner-maintained grounds, and water costs divided among tenants according to usage. The existing management company may continue after a sale.
The building is positioned across from the City's Dog Park and includes views of Downtown Fort Worth. Lockheed Martin is nearby, while I-30 and Loop 820 provide regional access. Current operations include professional property management, owner-maintained grounds, and water costs divided among tenants according to usage. The existing management company may continue after a sale.
Key Highlights
- Three commercial spaces plus a legally grandfathered residential apartment
- One tenant lease runs through January 2026
- Fully occupied commercial component
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 76108, TX
46,170
Population
18,031
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
43.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$78,471
Median Household Income
$44,235
Median Earnings
$1,418
Median Rent
$238,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial spaces accompany a legally grandfathered residential apartment and on-site parking.
Where is this mixed-use property located?
The property is located at 347 N Cherry Lane White Settlement, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three commercial spaces plus a legally grandfathered residential apartment; One tenant lease runs through January 2026; Fully occupied commercial component
