833 N Saginaw Blvd Saginaw, TX 76179
Property profile & analytics
833 N Saginaw Blvd Saginaw, TX 76179
- Drug stores
- 14,700 SF
- 2.24 lot acres
Property ID
US82-0387222
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Drug stores
Property Details for 833 N Saginaw Blvd
- Year built
- 2003
- Lot size
- 2.24 lot acres
- Property size
- 14,700 SF
- Property type
- Drug stores
- APN
- 37084-1-8
- APU
- 3708418
Description
This exceptional investment opportunity presents a 14,560 square foot Walgreens, situated on a 2.241-acre lot at 833 N Saginaw Blvd, Saginaw, TX 76179. The property boasts a strong 4.94% cap rate and a substantial net operating income (NOI) of $271,599. This Class B retail building, constructed in 2003, benefits from an absolute NNN lease with a credit-rated tenant, Walgreens, ensuring minimal landlord responsibilities. The lease, commencing March 1, 2004, has a remaining term of approximately 4.5 years, extending to February 28, 2079. The property is zoned Commercial- RETPharm - Retail-Pharmacy and enjoys 100% occupancy since its opening. The asking price is $5,500,000, translating to a price per square foot of $374.15. This strategically located property, in a Fort Worth submarket, offers a secure, long-term investment with a national brand tenant. Lease options are available. Detailed lease documents, surveys, and other relevant information are available upon request. This is a rare opportunity to acquire a stable, income-producing asset in a desirable Texas location. The property is located in Tarrant County.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,594,000
Market price range: $545k - $1.93M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,250,000 Current use
- RESTAURANT
- $1,810,000 Change: +45% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,530,000 Change: +22% Conversion: Easy
- OFFICE BUILDING
- $1,345,000 Change: +8% Conversion: Easy
- MEDICAL BUILDING
- $1,290,000 Change: +3% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,200,000 Change: -4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saginaw
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3746
- Latitude
- 32.8715
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$52,510
$1,376,964
$1,066,911
$2,443,875
-
$1,376,964
$1,066,911
$2,443,875
