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2804 Renee Drive

Bedford TX 76021

2.08 ac.
Single-Family
Currently for sale - view listing

Overview

This property is offered as an investment property with the ability to add a building on the front lot. The existing building, 6,250 sqft, and back lots are under a lease til February 2026 with a 5 year option. The lease does not include the front lot that is zoned industrial. The back lots are zoned residential. The front lot offers 163 feet of frontage on E Harwood Rd. The property is located one block from Industrial Blvd and .5 miles from Hwy 121 The asking price is supported with a 6% cap rate on the lease and the additional value of the front lot.

Features

2.08 ac. lot size
Single-Family

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Local market activity for single-family properties in Bedford

In the last 12 months, 320 single-family properties similar to 2804 Renee Drive, have been sold.

This represents a 15% increase in single-family properties sales when compared to the previous 12 months.

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