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    1700 S Cherry Ln White Settlement, TX 76108

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    For Lease
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    Located in a high-growth area near Ridgmar, Fort Worth.

    Type:Office
    Added:
    Dec 22, 2021
    Days on Market:
    1584
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 1700 S Cherry Ln

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1985

    Spaces For Lease

    at 1700 S Cherry Ln Contact us

    Suite 202 $10 /Mo

    Size
    8,475 SF
    Type
    Office
    Contact us

    Ste. 208 $12 /Mo

    Size
    3,330 SF
    Type
    Office
    Contact us

    Suite 100 $10 /Mo

    Size
    7,700 SF
    Type
    Office
    Contact us

    Suite 107 $12 /Mo

    Size
    1,250 SF
    Type
    Office
    Contact us

    Suite 102 $12 /Mo

    Size
    1,142 SF
    Type
    Office
    Contact us

    Suite 101 $12 /Mo

    Size
    980 SF
    Type
    Office
    Contact us

    Suite 103 $12 /Mo

    Size
    3,900 SF
    Type
    Office
    Contact us

    Suite 110 $12 /Mo

    Size
    1,225 SF
    Type
    Office
    Contact us
    Show more

    We can help!

    Listing Contact
    John Jones

    Listing agent John Jones License #TX 582079

    Listing office SVN | Trinity Advisors

    Listing date Dec 22, 2021

    Source Crexi

    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 SVN | Trinity Advisors

    Overview

    Office Space in Cherry Tree Plaza

    Cherry Tree Plaza offers a location suitable for businesses seeking growth opportunities. Situated in a retail-dense corridor west of the historic Ridgmar area of Fort Worth, the property benefits from high demographics. The location provides convenient access to Loop 820 and I-20.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    White Settlement
    County
    Tarrant
    State
    Texas
    Longitude
    -97.4527763
    Latitude
    32.7408778

    Nearby Similar for Lease

    • $4,400/Mo

      White Settlement Industrial Space Available

      Industrial space for rent in White Settlement, Texas.
      600 S Cherry Lane, White Settlement, TX 76108
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    • $2,200/Mo

      Industrial Space in White Settlement

      Industrial property featuring two grade-level doors and three-phase power.
      600 S Cherry Lane, White Settlement, TX 76108
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    • $375/Mo

      New Office Spaces Available

      Brand new office spaces for rent in White Settlement, TX.
      8120 White Settlement Road, White Settlement, TX 76108
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    • $10 SF/Yr

      Attractive Retail Center Near I-30

      Retail and office spaces in established area near I-30.
      1600 S. Cherry Lane, White Settlement, TX 76108
      View Details
    • $25 SF/Yr

      Office Space Available For Rent

      Office space available for lease in White Settlement, Texas.
      405 S Jim Wright Fwy, White Settlement , TX
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    • $15 SF/Yr

      Office Space in White Settlement

      Office space available for lease in White Settlement, TX.
      101 S Jim Wright Fwy, White Settlement, TX
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    • $15 SF/Yr

      Multi-Tenant Flex Space Available

      17,770 SF flex space for rent, 100% HVAC.
      401 Jim Wright Fwy, White Settlement, TX
      View Details
    • Contact for pricing

      Lockheed Entrance Flex Space

      Upgraded flex space near Lockheed, suitable for contractors or collectors.
      7726 Harwell St, White Settlement, TX 76108
      View Details
    • Contact for pricing

      Industrial Space with Loop 820 Visibility

      Shallow bay industrial suites with excellent visibility on Loop 820.
      621 Kate St, White Settlement, TX
      View Details
    • Contact for pricing

      Industrial Space with Loop 820 Visibility

      Shallow bay industrial suites with excellent visibility on Loop 820.
      9024 Glenn Dr, White Settlement, TX
      View Details
    • Contact for pricing

      Industrial Flex Space Available

      Shallow bay industrial suites with Loop 820 visibility.
      629 Kate St, White Settlement, TX
      View Details
    • $10 SF/Yr

      Attractive Red Brick Retail Center

      Retail space in established area near I-30, White Settlement, TX.
      1598-1704 S Cherry Ln, White Settlement, TX
      View Details

    FAQs

    What type of property is this?
    Office units - Located in a high-growth area near Ridgmar, Fort Worth.
    Where is this office units located?
    The property is located at 1700 S Cherry Ln White Settlement, TX.
    What are key features of this property?
    This property features: Strong location in a high‑growth area.; Situated in a retail‑dense corridor.; Benefits from high demographics.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John Jones
    Real Estate License ID: TX 582079
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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