Medical Office Campus with Indoor
For Sale
$1,690,000
330 Grapevine Highway, Hurst, TX 76054
CommercialSale, Hurst, TX
Property Size8,784 SF
Lot Size1.27 Acres
Price / SF$192.40
Days on Market88
Property Features for 330 Grapevine Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Covered, Assigned, Carport, Parking Lot, Garage, Open, Gated
Subdivision
Woodbridge Plaza Add
Lot features
Acreage
Directions
From Blvd 26 turn left onto Cheek Sparger Rd W & Mid Cities Blvd, immediately turn right. Property is behind Take 5 Oil Change adjacent to Sprouts. Building is behind gated wall with access code for gate.
Standard status
Active
APN
07169884
Lot size
1.27 Acres
Taxes and HOA fees
Tax Description
WOODBRIDGE PLAZA ADDITION BLOCK 2 LOT 2R2
Tax Annual Amount
34152
Legal Description
WOODBRIDGE PLAZA ADDITION BLOCK 2 LOT 2R2
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
indoor pool
walking paths
greenhouse areas
koi ponds
secure gated setting
Building Details
Year built
2000
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
FiberCement
Roof type
Metal
Listing Agency:
The Cao Realty Group
Listed By:
Martha Cao · License #0501784
(817) 896-0243
Added: Jun 12
Changed: Sep 4
Last Checked: Sep 7 at 8:06AM
MLS# 21296849
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office property encompasses approximately 8,784 square feet across two interconnected buildings on 1.273 acres. The primary facility includes reception areas, exam rooms, administrative offices, and established medical infrastructure. A separate wellness building provides an indoor pool, therapy and fitness areas, locker rooms, and adaptable rooms for healthcare or rehabilitation operations. Tile flooring, central air, electric heating, public water, and public sewer support the existing improvements. The property was built in 2000 and has received recent renovations and capital improvements.
Located at 330 Grapevine Highway in Hurst, the campus offers exposure along Grapevine Highway and convenient connections to Highways 121 and 183 and I-820. More than 30,000 vehicles per day pass the corridor. Gated parking includes lot, covered, garage, carport, assigned, and open spaces. Walking paths, greenhouse areas, and koi ponds add outdoor components to the two-building layout.
Located at 330 Grapevine Highway in Hurst, the campus offers exposure along Grapevine Highway and convenient connections to Highways 121 and 183 and I-820. More than 30,000 vehicles per day pass the corridor. Gated parking includes lot, covered, garage, carport, assigned, and open spaces. Walking paths, greenhouse areas, and koi ponds add outdoor components to the two-building layout.
Key Highlights
- Approximately 8,784 square feet across two interconnected buildings
- 1.273‑acre medical office campus at 330 Grapevine Highway, Hurst, TX 76054
- Primary building includes reception, exam rooms, offices, and medical infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$151,788
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,035,760
$3.0M
Cap Rate 7%
$2,168,400
$2.2M
Cap Rate 9%
$1,686,533
$1.7M
Market Conditions
NOI Build-Up for 8,784 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$269.8K $30.72/SF
− Vacancy
−$67.5K −$7.68/SF
EGI
$202.4K $23.04/SF
− OpEx
−$50.6K −$5.76/SF
NOI
$151.8K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,035,760
Cap Rate 7%
$2,168,400
Cap Rate 9%
$1,686,533
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $151,788 @ 7.0% cap · market cap 8.98%
Second Best
Healthcare Medical
$2.15M
$1.88M – $2.51M
NOI $150,523 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,297 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76054, TX
12,120
Population
4,702
Households
2.6
Avg Household Size
47
Median Age
48%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
3,189
Density / Sq Mi
$108,907
Median Household Income
$55,617
Median Earnings
$1,464
Median Rent
$356,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Boland Vet Sales — 729 Grapevine Hwy, Hurst, TX 76054
- Moses Animal Clinic — 688 Grapevine Hwy, Hurst, TX 76054
- Thrive Pet Healthcare - Hurst — 520 Grapevine Hwy Suite 400 400, Hurst, TX 76054
- Mayfair Village Animal Hospital — 470 Mid Cities Blvd, Hurst, TX 76054
- Tara Animal Hospital — 611 Cheek-Sparger Rd, Colleyville, TX 76034
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two connected buildings combine medical-office infrastructure with wellness and therapy amenities in a gated campus setting.
Where is this medical office space located?
The property is located at 330 Grapevine Highway Hurst, TX.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Approximately 8,784 square feet across two interconnected buildings; 1.273‑acre medical office campus at 330 Grapevine Highway, Hurst, TX 76054; Primary building includes reception, exam rooms, offices, and medical infrastructure
