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Property profile & analytics
FOR LEASE
Office buildings
1320 S University Dr Fort Worth, TX 76107
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US82-1244924
For Lease
$32 SF/Yr
1320 S University Dr, Fort Worth, TX 76107
View Listing →
Property summary
AI-generated overview
University Centre II offers 201,871 square feet of Class A office space in a single, ten-story building located at 1320 S University Dr, Fort Worth, TX 76107, in Tarrant County. This multi-tenant property boasts a dramatic lobby featuring Italian marble floors and offers convenient card key access. Seven suites are currently available, ranging in size from 943 to 6,369 square feet. The building includes elevators for easy access to all floors. On-site amenities include a deli and on-site management, ensuring convenience and responsiveness. The building benefits from responsive, on-site ownership. Its strategic location provides easy access to major highways, including I-30 and I-35, and is a short distance from the Fort Worth Central Business District. Nearby attractions and amenities include University Park Village, West 7th Street, the Fort Worth Botanic Garden, the Cultural District, and Texas Christian University (TCU). The property is also conveniently located approximately 25 minutes from Dallas/Fort Worth International Airport (DFW).
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Total area
268,755 SF
Lot
3.34 ac (145,621 SF)
APN
44173-1-2R1
UPID
US82-1244924
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Plummer Associates, Inc. Environmental Engineer Corporate Office
-
Stanford Couples Counseling Physician Medical Clinic
-
Hamilton Sunstrand Logistics Company Moving Company
-
RHSB Insurance Fort Worth Insurance Agency
-
Southside Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.12M
Owner & transaction history
David L Ward
David L Ward
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$23 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$475,182
Tax year 2023
Assessed value
$20,000,000
Assessed 2024
Previous assessed
$21,000,000
-4.8% YoY
Effective rate
2.38%
On assessed value
Assessed land
$3,640,200
Assessed improvement
$16,359,800
Land market value
$3,640,200
Improvement market value
$16,359,800
Total market value
$20,000,000
Applied tax rate
223.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1986
Heating
NONE
Stories
10
Total area
268,755 SF
Lot
3.34 ac (145,621 SF)
APN
44173-1-2R1
UPID
US82-1244924
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
10
Lot
3.34 ac
Current owner
From public records · entity-resolved
David L Ward
Individual
Mailing address
PO BOX 150099, FORT WORTH, TX 76108-0099
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
David L Ward
—
Deed Of Trust
related
$65,445 · University Centre Mtg Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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