Property profile

1519 Circle Park Blvd Fort Worth, TX 76164

FOR SALE
Specialty properties
Property ID
US82-4038430
70,020 SF
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Property summary

AI-generated overview

This exceptional property, located at 1519 Circle Park Boulevard in Fort Worth, Texas, presents a unique investment opportunity. The asking price is $5,500,000 for this 70,020 square foot special purpose property situated on a 2.824 square foot lot. The property consists of three buildings, constructed over time, offering significant potential for adaptive reuse. Two of the buildings are particularly well-suited for conversion into office space or a childcare center, given their existing layout and structure. The property is being sold "AS IS," reflecting its current condition and providing the buyer with the flexibility to implement their vision. The address is easily accessible, located off Circle Park Boulevard, past the main church building, at the rear of the complex. Detailed site plans and building specifications are available upon request. This property offers a rare chance to acquire a substantial building complex in a desirable Fort Worth location, ripe for redevelopment or continued use as a religious facility. The property's size and layout provide ample space for a variety of uses, making it an attractive investment for both experienced developers and those seeking a unique commercial venture. The property is located in Tarrant County, Texas, zip code 76164.

Property profile

Verified
Property type Specialty properties
Total area 70,020 SF
UPID US82-4038430

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Daycare Center Foster Care Service
  • Daycare Center

Location

1519 Circle Park Blvd Fort Worth, TX 76164
Fort Worth metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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