Property profile

6001 Watauga Rd Watauga, TX 76148

FOR SALE
Office buildings
Property ID
US82-3143536
1,150 SF 0.57 ac lot Built 1978
Individually Owned 15-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,150-square-foot commercial property, situated on a spacious 24,829-square-foot lot in Tarrant County, presents a unique investment opportunity. Previously occupied by a Texas Car Title and Payday loan services business, this single-tenant building offers immediate occupancy. The property is zoned GB - General Business District, allowing for a variety of uses. The building itself is a single-story structure, offering convenient access and functionality. The entire 1,150 square feet is currently vacant, providing a blank canvas for a new business to customize the space to their exact needs. The ample lot size provides significant potential for expansion or additional parking. This former Sonic Drive-In location benefits from high visibility and convenient access, making it an ideal location for a variety of businesses seeking a prominent presence in a busy area. The property's history as a retail and financial services location suggests strong potential for continued success in a similar vein, or for a business seeking a high-traffic location. The building's single-tenant status simplifies management and occupancy, making it an attractive option for both established businesses and new ventures. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Tarrant County market. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 1,150 SF
Lot 0.57 ac (24,825 SF)
APN 45120-2-1D
UPID US82-3143536

Cap rate & NOI

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

Location

6001 Watauga Rd Watauga, TX 76148
Watauga metro Census 113809 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2011
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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