Address
2118 E State Hwy 114, Southlake, TX
Price
$ 1,650,000
Property Attributes
- MLS#14239567
- TypePending
- CountyTARRANT
- CitySouthlake
- NeighborhoodMesco Addition Blk 1 Lot 7R
- Zip76092
- StyleOffice
- Price$ 1,650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4500
- Lot Size0.74 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Investors Dream -property comes with a tenant who pays equivalent to a 7.25 cap rate. The construction will be completed summer 2020. Property sits on a busy thoroughfare off Highway 114 with 70,000 autos per day. The current owner will be the tenant. If buyer prefers to use for own purposes that can be done as well. The construction quality utilizes only the finest products to make this great facility. This has a superb use for a medical building as well as general office facility. The location is close to the Methodist Hospital. The average household income is 185k per year. This location also would be a great place for a pediatric clinic as it is also close to a new Children's hospital.
| Price History | |
|---|---|
| 12/9/2019 | Listed $1,700,000 |
| 3/30/2020 | 3% - $1,650,000 |
General Features
| Heating | Central,Natural Gas |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | Asphalt,City Sewer,City Water,Concrete,Curbs |
| Ceiling Height | 11 to 14 Feet |
| Possession | 30-60 Days |
| Roof | Metal |
| Year Built | 2019 |
| Tenant Pays | All Utilities,Electricity,Gas,Sewer,Water |
| Building Use | Medical,Office,Other |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Office |
| Subdivision Name | Mesco Addition Blk 1 Lot 7R |
| Zoning Description | C2 |
| County | Tarrant |
| Property Type | Commercial Sale |
| Security Features | Fire Alarm,Fire Sprinkler System,Security Lights |
| Year Built Details | New Construction - Incomplete |
| Status | Pending |
| Directions | Northwest of DFW Airport on State Hwy 114 |
| City | Southlake |
| Buyer Agent Compensation | 2.5 |
| Street Name | State Hwy 114 |
| Virtual Tour URL Unbranded | www.propertypanorama.com/instaview/ntreis/14239567 |
| Standard Status | Pending |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Concrete,Marble |
|---|---|
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 4500 |
| Lock Box Type | None |
Exterior Features
| Lot Size Source | Other |
|---|---|
| Parking Features | Common,Garage Faces Front,Garage Faces Rear,Garage Faces Side,Open |
| Lot Size | .5 to < 1 Acre |
| Foundation | Pillar/Post/Pier,Slab |
| Lot Size Area | 0.7400 |
| Lot Size Units | Acres |
| Construction Materials Walls | Brick,Cement |
| Building Area Total | 4500.00 |
| Garage Y/N | Yes |
| Lot Size Square Feet | 32234.4000 |
| Lot Size Acres | 0.7400 |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 76092
Price
Visits
Year Built
Walkscore
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