209 Belmont St Saginaw, TX 76179-1616
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.