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Stand Alone on Hwy 26 Road Frontage 5017 Colleyville Blvd 4,450 SF 100% Leased Office Building Colleyville, TX 76034 $1,445,000 ($324.72/SF)
Investment Highlights
- Frontage with Heavy Traffic Area Day and Night
- Freestanding Building with Private Parking Lot
- Former High End Salon with Retail
- City Grant for Improvements
- Competitive Price for Area
Executive Summary
Location! Location! Location! This stand-alone building on approximately one-third acre is located on Colleyville Blvd SH 26 just north of Glade Road within a vibrant business district surrounded by prestigious homes. Zoned CC1-Village Retail with City approved Grant to assist with improvement costs, making this Property suitable for various commercial & office purposes. Renovated in 2015 with a modern vibe, this property recently operated as an upscale salon offering a comprehensive range of services such - hair, nails, lashes, esthetician, massage, tanning & retail. The building is equipped with ample plumbing fixtures for salon operations, acoustic ceilings, ADA-compliant restrooms, central HVAC, LVP & tile flooring, & security system with video surveillance. Interior spaces are available for a kitchen, laundry area & several office spaces (many with exterior & interior windows). Exterior features include road frontage, parking lot with uncovered & covered spaces, stone & masonry exterior, metal roof, gutters, drainage system, some trees with landscape & concrete slab. On the eastern edge of the property, there's a grassy area which may be possible for an additional parking site. Buyer to verify all information provided.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
4,450 SF
Building Class
B
Year Built/Renovated
1981/2017
Price
$1,445,000
Price Per SF
$324.72
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
4,450 SF
Building FAR
0.30
Lot Size
0.34 AC
Zoning
F1 - F1 Commercial
CC1 - Village Retail.
Parking
10 Spaces (2.25 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 03127370 | Improvements Assessment | $563,404 |
| Land Assessment | $104,096 | Total Assessment | $667,500 |
Property Taxes
Parcel Number
03127370
Land Assessment
$104,096
Improvements Assessment
$563,404
Total Assessment
$667,500
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Stand Alone on Hwy 26 Road Frontage | 5017 Colleyville Blvd
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