Remodeled Colleyville Office/Warehouse
For Sale
Contact for pricing
120 Acuff Ln, Colleyville, TX
Remodeled flex space in Colleyville with CC-3 zoning.
Property Size3,930 SF
Lot Size0.47 Acres
Price / SF$227.74
Days on Market756
Property Features for 120 Acuff Ln
General Information
Standard status
Active
Size
3,930 SF
Lot size
0.47 Acres
Property subtype
OFFICE
Listing Agency:
Structure Commercial
(214) 373-8300
Listed By:
Troy Morgan, CCIM · License #543987
(817) 714-8395
Source:
Moodyscre
Added: Aug 13, 2024
Changed: Aug 8
Last Checked: Sep 7 at 5:02AM
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 Structure Commercial
Investment Insights
Based on property information with market context.
This 3,930-square-foot property in Colleyville has been fully remodeled. It is zoned CC-3, offering flexibility for professional office, medical, and office warehouse uses. The property features an electric entrance gate and a separate climate-controlled shop space with two grade-level doors. It is located one block from Colleyville Boulevard/Boulevard 26.
Key Highlights
- CC‑3 zoning: flexible and great for Professional Office, Medical and Office Warehouse
- Fully remodeled in much sought‑after Colleyville
- Separate climate‑controlled shop space with two (2) grade level doors
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
$67,910
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
7.59%
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%
$1,358,200
$1.4M
Cap Rate 7%
$970,143
$970.1K
Cap Rate 9%
$754,556
$754.6K
Market Conditions
NOI Build-Up for 3,930 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
$120.7K $30.72/SF
− Vacancy
−$30.2K −$7.68/SF
EGI
$90.5K $23.04/SF
− OpEx
−$22.6K −$5.76/SF
NOI
$67.9K $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%
$1,358,200
Cap Rate 7%
$970,143
Cap Rate 9%
$754,556
Alternative Uses
Best Use
Office B
$970.1K
$848.9K – $1.13M
NOI $67,910 @ 7.0% cap · market cap 7.59%
Second Best
Flex RnD
$616.6K
$539.5K – $719.4K
NOI $43,161 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,772 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Remodeled flex space in Colleyville with CC-3 zoning.
Where is this office units located?
The property is located at 120 Acuff Ln Colleyville, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: CC‑3 zoning: flexible and great for Professional Office, Medical and Office Warehouse; Fully remodeled in much sought‑after Colleyville; Separate climate‑controlled shop space with two (2) grade level doors
