1300 Main St Euless, TX 76039-2930
This exceptional 22,330-square-foot special purpose property, built in 2020, is ideally situated on a 4.13-acre lot at 1300 N Main St, Euless, TX 76039, in Tarrant County. Currently operating as a thriving banquet and conference center, it boasts multiple rooms and gathering spaces, including individual bride and groom suites, designed to comfortably accommodate large events and thousands of guests. The property features 480 parking spaces and 8-inch concrete construction, ensuring ample parking and structural integrity. Its prime location offers easy access via three major highways, making it easily accessible throughout the Dallas-Fort Worth metroplex. The surrounding area is experiencing significant residential and commercial growth, attracting millions of visitors annually, creating a strong market for this type of venue. The asking price is $9,500,000, translating to $425.44 per square foot. The property's occupancy date is July 31, 2024. This presents a unique investment opportunity in a rapidly developing area with a high demand for event spaces. The seller prioritizes confidentiality
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Sapphire Banquet Hall and Conference Center Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.