140 Old Town N Blvd Lantana, TX 76226-3954
- Office Properties & Spaces
- 3,230 SF
- 2.06 lot acres
Jul 29, 2021
Current Use by Public Records
- Office Properties & Spaces
Property Details for 140 Old Town N Blvd
- Year built
- 2006
- Lot size
- 2.06 lot acres
- Property size
- 3,230 SF
- Property type
- Office Properties & Spaces
- APN
- R299105
- APU
- R299105
Description
This exceptional 650-square-foot medical office suite is located in the desirable Old Town Argyle complex at 140 Old Town Blvd N, Lantana, TX 76226. Situated on the first floor, this end-cap unit boasts custom brick flooring and abundant natural light, creating a welcoming and professional atmosphere. The current layout features two private offices and a spacious open workspace, providing flexibility for various medical practices. Two private exterior entrances offer convenient access for patients and staff. The building is handicap accessible and offers shared elevator access and two conveniently located public restrooms near the main entrance. The entire building encompasses 3,200 square feet across two stories, with a multitude of parking spaces available for tenants and visitors. The property is zoned for commercial use and falls within the Denton submarket cluster. While the minimum divisible space is 650 square feet, the maximum contiguous space available is also 650 square feet. This Class B building presents a fantastic opportunity for a medical professional seeking a well-appointed and conveniently located office space. The property is part of a multi-tenant building.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $375,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $800,000
- 6.5%
- $735,000
- 7%
- $685,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $612,000
Market price range: $505k - $878k
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Location Insight
- Map
- Local Demand
- City
- Lantana
- County
- Denton
- State
- Texas
- Longitude
- -97.1872
- Latitude
- 33.116
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA