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1420 North Park Drive

Off-Market

1420 North Park Drive, Fort Worth, TX 76102

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  • Property Type Industrial - Manufacturing
  • Property Size 31,824 SF
  • Lot Size 1.38 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1977

Location

  • City Fort Worth, TX
  • Neighborhood Downtown Fort Worth
  • Zip Code 76102
  • Market Dallas Fort Worth

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 01 Mar, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Fort Worth

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Fort Worth Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $23.18
  • 2020 Office Vacancy Rate 12.62%
  • 2020 Office Completions (SF) 117,326

Fort Worth Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $237.34
  • Y-o-Y Avg. PpSF Change 6.01%
  • 2020 Office Sales Volume $171.6M
  • 2020 Number of Transactions 6
View more Fort Worth market trends

Tax

  • Property Tax in 2021 $29,299
  • Market Value* $1,090,000
  • Assessed Value $1,090,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1420 North Park Drive?

1420 North Park Drive totals 31,824 square feet.

When was this property built?

1420 North Park Drive was built in 1977.

When was 1420 North Park Drive last sold?

1420 North Park Drive was last sold on 01 Mar, 2018.

What is the property tax for 1420 North Park Drive?

The property tax for 1420 North Park Drive in 2021 was $29,299.

What is the market value for 1420 North Park Drive?

The market value* for 1420 North Park Drive in 2021 was $1,090,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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