2400 S Riverside Dr | Fort Worth, TX 76104
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- LoopNet Team
2400 S Riverside Dr
Fort Worth, TX 76104
Specialty Property For Sale
·
126,325 SF
INVESTMENT HIGHLIGHTS
- Demographic Advantage: Densely populated with 271,997 people and average household income of $78,089 in a 5-mile radius.
- Competitive Pricing: Current pricing is 43% below market comparables (due to lease-up).
- High Traffic around the Facility: The area experiences average annual daily traffic of more than 14,214.
- Recent Expansion: Added ~75k NRSF to existing footprint between May and June 2024 with strong lease-up since C/O.
- Limited Supply: Supply stands at 5.97 NRSF per capita in the 5-mile radius of the property.
- Emerging Multi-Family Market: The development of 8,000+ new multi-family units in the vicinity.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 126,325 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 2022 |
| Lot Size | 7.97 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 7.97 AC |
| Building Size | 126,325 SF |
| No. Stories | 1 |
| Year Built | 2022 |
PROPERTY TAXES
| Parcel Number | 42648724 | Improvements Assessment | $9,338,120 |
| Land Assessment | $1,563,120 | Total Assessment | $10,901,240 |
PROPERTY TAXES
Parcel Number
42648724
Land Assessment
$1,563,120
Improvements Assessment
$9,338,120
Total Assessment
$10,901,240
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