702 Saginaw Blvd Saginaw, TX 76179
This exceptional investment opportunity presents the Saginaw Shopping Center, a well-established 14,160 square foot retail center located at 702 S Saginaw Blvd, Saginaw, TX 76179. Built in 1976, this multi-tenant property boasts eight current tenants and offers a strong net operating income (NOI) of $227,350. The asking price is $2,975,000, translating to $210.10 per square foot. Situated on a 3.58-acre lot, the center provides ample parking with 120 spaces to accommodate customers. The property benefits from a high volume of daily traffic exceeding 30,000 vehicles per day, and its location north of Loop 820 on S Saginaw Blvd places it just minutes from Fort Worth's Stockyards, ensuring high visibility and accessibility. The center is zoned "F1" General Commercial, offering flexibility for future development. Recent leasing activity includes three new tenant signings, demonstrating strong market demand. The property features an open floor plan and is offered as a turnkey option. There is up to 1,110 square feet of contiguous space available with excellent frontage and visibility, ideal for expansion or new tenants. This property presents a compelling investment opportunity in a thriving retail market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.