622 Hemphill St Fort Worth, TX 76104
- Investment properties
- 4,608 SF
- 0.10 lot acres
Current Use by Public Records
- Fort Worth Birthing & Wellness Center / Midwife
- Mrs. Dana Hackler / Midwife
- Erica Eggebrecht / Midwife
- Valerie Vaughn / Midwife
- Delilah Jaeger / Midwife
Property Details for 622 Hemphill St
- Year built
- 2012
- Lot size
- 0.10 lot acres
- Property size
- 4,608 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 7700-5-3C
- APU
- 770053C
Description
This exceptional investment opportunity presents two adjacent medical office buildings totaling 6,456 square feet in the desirable Fort Worth, Texas market, located at 622 Hemphill St. and 617 Travis Ave., zip code 76104. The property consists of two buildings: a two-story, 4,608 square foot building at 622 Hemphill Street, and a single-story, 1,848 square foot building at 617 Travis Avenue. The asking price for the entire complex is $2,200,000, representing a price per square foot of $371.75. Built in 2012, the Class B property sits on a 0.1-acre lot and offers a multi-tenant configuration. The 617 Travis Avenue building is move-in ready, featuring exam rooms, a lab, and a reception area. The 622 Hemphill Street building offers medical office space on the first floor and upscale residential lofts on the second floor. A key feature is the inclusion of built-in birthing suites. The property enjoys a convenient location, minutes away from major hospitals. Please note that the seller will require a period of time after closing to relocate their existing business. This presents a unique opportunity for investors seeking a well-located, established medical office complex in a thriving Texas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3321
- Latitude
- 32.7375
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA