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7148 Trail Lake Dr 5,000 SF Office Building Fort Worth, TX 76123 $2,100,000 ($420/SF)



INVESTMENT HIGHLIGHTS
- 29 paved spaces, 11-12 gravel spaces in back
- Year Built: 2004
EXECUTIVE SUMMARY
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 and add enough additional parking to maintain the current 8 /1000sf ratio. 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. Building is supplied by city water. Power is three phase. High speed internet installed. Attic is foam insulated with floor space for storage.
Commission available to buyer's agent. Use contact links for information or email owner at SLS@209STLOUIS.COM.
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 and add enough additional parking to maintain the current 8 /1000sf ratio. 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. Building is supplied by city water. Power is three phase. High speed internet installed. Attic is foam insulated with floor space for storage.
Commission available to buyer's agent. Use contact links for information or email owner at SLS@209STLOUIS.COM.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built/Renovated
2004/2020
Price
$2,100,000
Price Per SF
$420
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.06
Lot Size
1.91 AC
Zoning
IP - Industrial Park
1 1
PROPERTY TAXES
| Parcel Number | 42239905 | Improvements Assessment | $632,139 |
| Land Assessment | $249,861 | Total Assessment | $882,000 |
PROPERTY TAXES
Parcel Number
42239905
Land Assessment
$249,861
Improvements Assessment
$632,139
Total Assessment
$882,000
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7148 Trail Lake Dr
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