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$169,910

NAL Estimated Property Value

1506 W Park Avenue, Hereford, TX, 79045

$220,883 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,718 Sq Ft
price_per_sqft$48.39 / sqft
Year BuiltBuilt in 1973

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringTile

Exterior

Lot Size26,402 sqft

Building Information

Year Built1973

Land Information

APN3162
Lot Number102,103
Land UseCommercial
Legal DescriptionWELSH WESTHAVEN BLK 6 LOT 102 & W30' LOT 103
Census Tract950400
Assessed Land Value$52,800
Assessed Improvement Value$117,110
Assessment Year2024

About this property

Office building used previously for a veterinary consulting facility. Built in 1973 and is metal panel exterior over a steel frame with a metal roof and canopy on a concrete slab foundation. Has been finished for office, retail, lab space. Interior partitions are drywall with wood paneling. Carpet and vinyl tile floors, acoustic grid ceiling with fluorescent lighting. Three private offices, retail counter area with permanent cubicles, two restrooms and break room area in the hallway. Walk-in cooler and display doors in the front area of the building. The lab slash clean room space is finished with polished concrete floors and steel panel walls and ceiling. Shop space has two walk-in doors, one roll-up overhead door. Zoned C-1, Commercial Retail District. Located on high traffic corner.

Investor Tools

Property Icon
$169,910
Estimated Property Value
$0Estimated Mortgage Balance
$169,910Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$220,883
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,493
$169,910
2024
$52,800
$117,110
$169,910
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,493
$169,910

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$169,910
100%
0%
$0/mo

City: Hereford

1506 W Park Avenue | Property Details | No Agent List