200 Daggett Ave Fort Worth, TX 76104
- Manufacturing properties
- 0.11 lot acres
Current Use by Public Records
- Dr. lughaidh M. michi, DDS / Doctor
- Technology Staffing / Employment Agency
- Montage Southside / Apartment Building / Apartment Complex
- de leon consulting / Consultant
Property Details for 200 Daggett Ave
- Year built
- 1938
- Lot size
- 0.11 lot acres
- Property type
- Manufacturing properties
- APN
- 9110-11-1A
- APU
- 9110111A
Description
This exceptional investment opportunity encompasses three parcels totaling 19,200 square feet at 200, 201 & 206 East Daggett Avenue in Fort Worth, Texas, 76104. The asking price is $1,600,000. The property features a combined 13,786 square feet of retail space, strategically located in the thriving Near Southside area, approximately one block south of East Vickery Boulevard and one block east of South Main Street. The site includes two existing buildings. 201 East Daggett Avenue is a two-story structure with approximately 5,244 square feet. 206 East Daggett Avenue is an approximately 8,542 square foot warehouse building, which received a new roof coating in April 2022. The property is zoned NS-T5. A six-month leaseback by the seller is anticipated post-closing, with the lease rate to be determined through negotiation. This presents a unique chance to acquire a substantial property in a highly desirable and rapidly developing area of Fort Worth. The combination of existing structures and ample land provides significant potential for future development and expansion. This property is ideal for investors seeking a strong return in a vibrant and growing market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $185,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $195,000
- Mixed-Use
- $230,000
- Hospitality
- $235,000
- Educational
- $235,000
- Residential Income
- $230,000
- Energy
- $175,000
- Income-Based Land
- $245,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3249
- Latitude
- 32.7423
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA