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2118 E State Hwy 114 Southlake, TX $ 1,650,000
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2118 E State Hwy 114
$ 1,650,000
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2118 E State Hwy 114

Southlake, TX, 76092
$ 1,650,000
Baths0.0 Sq 4,500

Monthly Estimate*

$ 11,526

2118 E State Hwy 114, Southlake, TX 76092 - Image 1
2118 E State Hwy 114, Southlake, TX 76092 - Image 2
2118 E State Hwy 114, Southlake, TX 76092 - Image 3
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Studio

Commercial Property for sale in Southlake, TX

for $1,650,000. This 4,500 square foot building was built in 2019 on a lot size of 0.74.

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.

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Commercial Pending

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.74

Year Built

2019

Town/City

Southlake

County/Region

Tarrant

MLS | Web ID

14239567
Features
General
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
Property SubType Office
Subdivision Name Mesco Addition Blk 1 Lot 7R
County Tarrant
Property Type Commercial Sale
Auction Y/N 0
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
Standard Status Pending
Buyer Agent Compensation Type %
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Interior
Flooring Concrete Marble
Total Stories 1
Total Units 1
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Exterior
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
Building Area Total 4500.00
Garage Y/N 1
Open Parking Spaces 0
Attached Garage Y/N 1
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Internal Only
Street Number 1 2118
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* Excluded Features
List By
Terry Reed

Listing Agent

Preston Bend Real Estate

Broker

Affordability Calculator

$11,526
Per Month
100%
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0%
Monthly Principal & Interest
$11,526
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/30/2020 $1,650,000 -2.94% Price Down
12/9/2019 $1,700,000 Listed Price

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2118 E State Hwy 114, Southlake, TX, 76092 is a Commercial Property for sale at $1,650,000 with 4,500 sqft and a lot size of 0.74. 2118 E State Hwy 114 is a studio with 0.0 baths and was built in 2019. The property's zip code is 76092 which is in Southlake, TX

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