$1,650,000
( $366.67Per Sq Foot )
 $9,369 est/mo Sourced by Back At You

2118 E State Hwy 114 , Southlake, TX 76092

Southlake, TX 76092

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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.

Details

MLS#14239567
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year2019
Days On Site1272
Listing Provided ByPreston Bend Real Estate | Terry Reed

Features

SQ Feet4,500
Story(s)1
Units1
ZoningC2
Acreage0.74

Market Activity 76092

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 2 minutes ago
StateTX
CountyTarrant
CitySouthlake
Zip Code76092
AreaTarrant
Community NameMesco Addition Blk 1 Lot 7R
Listing VS Median (in Mesco Addition Blk 1 Lot 7R)
Price:
$1,650,000
low | high
Med:
$1,650,000
50% of Average
SqFt:
4,500
low | high
Med:
4,500
50% of Average
$ / SqFt:
$367
low | high
Med:
$367
50% of Average
On Site:
1272
low | high
Med:
1272.000000
100% of Average
Sourced by Back At You
Listing Updated: January 11, 2025 at 4:06:11 PM PST