$930,000
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2.08 Acres Lot
SOLD DATE : 05/01/2023
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Oak Grove Estates
MLS Listing ID 20194635
Sold Date 05/01/23
Total Fin. Sqft 6250
Year Built 1975
Annual Tax Amount $7,500
Lot Size 2.078 Acres
Acres 2.078
Property Description
This property is offered as an investment property with the ability to add a building on the front lot. The existing building, 6,250 sqft, and back lots are under a lease til February 2026 with a 5 year option. The lease does not include the front lot that is zoned industrial. The back lots are zoned residential. The front lot offers 163 feet of frontage on E Harwood Rd. The property is located one block from Industrial Blvd and .5 miles from Hwy 121 The asking price is supported with a 6% cap rate on the lease and the additional value of the front lot.
Location
State TX
County Tarrant
Zoning Ind Res
Direction Use google maps
Interior
Heating Electric
Cooling Electric
Flooring Concrete
Heat Source Electric
Exterior
Utilities Available Asphalt, City Sewer, City Water
Roof Type Composition
Garage No
Building
Foundation Slab
Structure Type Concrete
Others
Ownership NA
Financing Other
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Bought with Kim Nguyen • Universal Realty, Inc