7148 Trail Lake Dr - Medical FOR SALE


Fort Worth, TX 76123- Wedgwood
$2,100,000 USD
817-897-5190
7148 Trail Lake Dr, Fort Worth, TX for Sale
$2,100,000 USD
Medical - FOR SALE
1/23
null | Request Cap Rate

7148 Trail Lake Dr
Fort Worth, TX 76123
Wedgwood


HIGHLIGHTS

  • 29 paved spaces, 10 gravel spaces in back
  • Year Built: 2004

OVERVIEW

Building has been used as a medical office for over 12 years. It could be used as a general office building with very little modification. There are 9 exam rooms, 2 administrative office (with check-in window), one large office that can be used for therapy or procedures, 2 waiting rooms, one break room, one storage/utility room, and 5 bathrooms. A remodel was done in 2020 that was approximately $250,000. The property has an uncommon and very liberal industrial park zoning. There is room to build a second building behind the first with ample parking. Construction can go up to 3 stories. A sample site plan was done to demonstrate what the property can accommodate, see attached. A sewer line extension was installed under the side parking lot for future construction of a second building. The property was built in 2004 and has only had one owner. It is 1.1 miles to the Chisholm Trail Parkway. There is a private 550 ft water well for property irrigation. Saves thousands in city water costs and not subject to water restrictions. When tested in June 2004 it yielded 40gpm with 0 ft drawdown after 1hr.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,287 SF

ZONING

IP

APN/PARCEL ID

42239905

ASK ABOUT THIS PROPERTY

Steven SimmonsSouthwest Sports & Spine LlpMore Info
817-897-5190

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Steven SimmonsSouthwest Sports & Spine LlpMore Info
817-897-5190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.