Property profile

8313 Whitley Rd Watauga, TX 76148

OFF-MARKET
Office buildings
Property ID
US82-2244885
5,315 SF 0.51 ac lot Built 2008
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional single-story medical office building, located at 8313 Whitley Rd in Watauga, Texas, offers 5,315 square feet of versatile space. Built in 2007, this Class B property sits on a generous 51-acre lot and features a modern interior finish. The building is currently configured for multiple tenants, with two spaces immediately available. Flexible lease options are available, ranging from a minimum of 1,915 square feet up to the entire 5,315 square feet. The property boasts significant advantages for medical practices, including a backup generator ensuring uninterrupted operations and an extensive security system for enhanced peace of mind. Its convenient location in Tarrant County, Texas, zip code 76148, provides easy access for patients and staff. This is a rare opportunity to secure a well-maintained, functional medical office space in a desirable location. The building's single-story design and ample parking provide convenient access for patients and staff. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2008
Total area 5,315 SF
Lot 0.51 ac (22,224 SF)
APN 31804L-A-4
UPID US82-2244885

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic

Location

8313 Whitley Rd Watauga, TX 76148-2483
Watauga metro Census 113803 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
$686k
Blend (final) Blend
$510k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2017
Price N/A
2014
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $800,000 +64.8%
Restaurant $635,000 +30.7%
Auto repair, garage $490,000 +1.1%

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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