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Property profile & analytics
OFF-MARKET
Office buildings

209 Belmont St Saginaw, TX 76179-1616

2,700 SF 0.5 ac lot Built 2020
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US82-4977359
Property summary
AI-generated overview

This exceptional executive office building, located at 209 Belmont St in Saginaw, Texas, presents a unique owner/user opportunity. Built in 2021, the property boasts 2,700 square feet of currently leased space, generating immediate income. Development plans are in place for an additional, identical 2,700-square-foot building on the adjacent pad site, offering significant expansion potential. The property benefits from excellent visibility and signage opportunities along Saginaw Blvd. The building's modern design and prime location within the thriving Saginaw Station development, just two blocks south, further enhance its appeal. Saginaw Station features popular restaurants such as Twisted Root, Del Toro BBQ, and La Ventana Taqueria, providing convenient amenities for tenants and employees. The asking price for this turnkey investment is $1,025,000. The total potential square footage, with the addition of the planned building, is 5,400 square feet. This property offers a blend of immediate income and future growth potential in a rapidly developing area. The zip code is 76179, and the property is situated in Tarrant County.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2020
Total area 2,700 SF
Lot 0.5 ac (21,706 SF)
APN 37050-2-14R
UPID US82-4977359
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
DOUBLE G FRANKLIN LLC · 6 yrs held
DOUBLE G FRANKLIN LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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