3963 Boat Clb Rd, Lake Worth, TX 76135-3202
- Medical Office Space
- 7,574 SF
- 1.00 lot acres
Current Use by Public Records
- Medical Office Space
Property Details for 3963 Boat Clb Rd
- Year built
- 1997
- Lot size
- 1.00 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 8527-1-1
- APU
- 852711
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 27, 2025 | — | Bungalow Ventures LLC | Iatrea LLC | Special Warranty Deed | — |
| Jan 7, 2015 | — | Iatrea LLC | Kret Investments LLC | Grant Deed | $1.2M · Kret Investments LLC |
| Jan 28, 2011 | — | Kret Investments LLC | Kret,timothy P & Jane A | Quit Claim Deed | — |
Description
This 7,328 square foot, single-story Class B office building in Lake Worth, TX, presents a unique owner-user opportunity. Located on Boat Club Road, a major thoroughfare with high daily traffic volume (12,462 vehicles), this property boasts a prime location within a thriving commercial hub of Northwest Tarrant County. The building, constructed in 1997 on a 1.01-acre lot, is zoned for commercial use and features a flexible floor plan ideal for various medical, office, or retail uses. Currently configured for a health and wellness practice, including 11-12 exam rooms with sinks, 2-3 offices, 2-3 lab/conference rooms, 4 records/work areas, and 3 bathrooms, the space can be easily adapted to suit diverse needs. The building's proximity to major employers like Lockheed Martin and Naval Air Station Fort Worth, along with numerous schools and residential developments, ensures a strong customer base and high visibility. The area's robust demographics, including a 21% population growth since 2010 and a projected 12% increase in average household income by 2028, further enhance the property's investment potential. The current owner-occupants, two physicians, will be vacating, offering flexibility for the new owner. The secondary owner may lease back a portion of the space, providing a smooth transition. This turnkey opportunity offers immediate access to a high-demand market with limited new commercial development. The asking price is $2,000,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $440,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $594,000
Market price range: $434k - $865k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $625,000 Current use
- RESTAURANT
- $815,000 Change: +31% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $645,000 Change: +3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4208
- Latitude
- 32.8126
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
