Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space on Highway-121 Title is generated by Realmo AI

    1701-1833 Airport Fwy, Bedford, TX

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail space with high visibility near Highway-183 and DFW.

    Type:RETAIL
    Property size:
    1,470 SF
    Lot size:
    4.02 Acres
    Added:
    Mar 15, 2024
    Days on Market:
    816
    Last Refresh:
    May 20 at 8:39 pm

    Property Features for 1701-1833 Airport Fwy

    General Information

    Standard status
    Active
    Size
    1,470 SF
    Lot size
    4.02 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1701-1833 Airport Fwy Contact us

    We can help!

    Listing Contact
    Abe Arteaga
    Abe Arteaga

    Listing agent Abe Arteaga

    Listing office CREST Commercial Real Estate, Inc.

    Listing date Mar 15, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CREST Commercial Real Estate, Inc.

    HighLights

    • Highway visible (200,000+ VPD) on Highway‑121 near Highway‑183
    • High traffic location near major highways
    • Close proximity to Dallas Fort Worth Airport (11 minutes)
    • Located near established businesses (Carter Blood Care, Monarch Dental, Toadies Bar and Grill, Escape Pro, Drengr Axe Throwing)
    • Strong demographic: 29% of households within a three‑mile radius have incomes between $75,000 and $150,000
    • High visibility

    Overview

    This retail space offers highway visibility with over 200,000 vehicles per day on Highway-121, near Highway-183. The property is located approximately 11 minutes from Dallas Fort Worth Airport. The location is currently home to Carter Blood Care, Monarch Dental, Toadies Bar and Grill, Escape Pro, and Drengr Axe Throwing. According to demographic data, 29% of households within a three-mile radius have incomes ranging from $75,000 to $150,000. The property offers 1,470 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Tower Loan Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1391
    Latitude
    32.8378

    Nearby Similar for Lease

    • $2,500/Mo

      Renovated Restaurant Kitchen Space

      Newly renovated kitchen with commercial-grade stainless equipment, positioned for a variety of food concepts on a highly visible corridor.
      1401 Pipeline Road E, Bedford, TX 76022
      View Details
    • $7,745/Mo

      Second-Floor Medical Office Suite

      Second-floor suite above a pharmacy offers flexible space for professional or medical office use with ample parking.
      2901 Brown Trail, Bedford, TX 76021
      View Details
    • $3,150/Mo

      Renovated Office or Retail Suite

      Move-in ready suite with Class A finishes, multiple rooms, and ample parking in a heavy commercial district.
      508 Bedford Road, Bedford, TX 76022
      View Details
    • $1,250/Mo

      Detached Standalone Office Building

      Detached, private-office style space offered for lease, suited to professional and personal services.
      2016 Bedford Road, Bedford, TX 76021
      View Details
    • $3,000/Mo

      Class B Office Suite with Private Offices

      Well-maintained Class B suite with four private offices, reception, and restroom, designed for professional or medical office use.
      240 Harwood Road, Bedford, TX 76021
      View Details
    • $395/Mo

      Office and Retail Building

      Well-located office and retail property offers convenient access to the DFW metroplex near Highway 183.
      313 Harwood, Bedford, TX 76021
      View Details
    • $119-$3,486/Mo
      11-1,292 SF

      TX, Bedford - Airport Freeway

      404 Airport Fwy, Bedford, TX 76022
      View Details
    • $395/Mo

      Office Space on Major Highway

      Prominent office space on Hwy 183 and 121 with highway visibility and convenient access for a growing firm.
      405 Airport Freeway, Bedford, TX 76021
      View Details
    • $1,250/Mo
      425 SF

      Detached Standalone Office

      Standalone office space suited for professional services and personal care uses.
      2016 Bedford Road, Bedford, TX 76021
      View Details
    • $20 SF/Yr
      1,772 SF

      Customizable Office Space Available

      Modern office spaces with flexible floor plans and ample parking.
      409-411 Harwood Rd, Bedford, TX 76021
      View Details
    • $12 SF/Yr
      11,194 SF

      Retail Center Near Airport Freeway

      Retail spaces with high visibility and traffic near Airport Freeway.
      510-524 Bedford Rd, Bedford , TX 76022
      View Details
    • $13 SF/Yr
      22,269 SF

      Office Space in Bedford, Texas

      Office spaces with excellent visibility and convenient access to amenities.
      803-805 Forest Ridge Dr., Bedford, TX 76022
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility near Highway-183 and DFW.
    Where is this retail space located?
    The property is located at 1701-1833 Airport Fwy Bedford, TX.
    What are key features of this property?
    This property features: Highway visible (200,000+ VPD) on Highway‑121 near Highway‑183; High traffic location near major highways; Close proximity to Dallas Fort Worth Airport (11 minutes)
    (479) 459-2645 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Abe Arteaga
    Abe Arteaga
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1701-1833 Airport Fwy, Bedford, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!