Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1104 Professional Ct Colleyville, TX 76034

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,300 SF office space in a prime Colleyville location.

    Property size:
    2,300 SF
    Lot size:
    0.49 Acres

    Property Features for 1104 Professional Ct

    General Information

    Size
    2,300 SF
    Lot size
    0.49 Acres

    We can help!

    Listing Contact
    Leland Prowse
    Leland Prowse
    Source: Moodyscre

    Listing Agency: Transwestern | Fort Worth Listing Agent: Leland Prowse

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

    Learn more

    Property Insight Report

    Overview

    Colleyville Office Space Available

    This office space offers 2,300 square feet of available area. Constructed in 1996, the property benefits from a location fronting Colleyville Boulevard/Grapevine Highway, situated between Hall Johnson Road and Glade Road. The location experiences a daily traffic volume of 22,668 vehicles. It is located approximately half a mile from Main Street, providing convenient access to a variety of restaurants and entertainment venues.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Serene Dental of Colleyville Dental Office Shilpa Karri Dental Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Colleyville
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1509532
    Latitude
    32.8864164

    Nearby Similar for Lease

    • $19 SF/Yr
      24,002 SF

      Luxury Garden Office Space

      Colleyville office space with affluent demographic access.
      1117 Glade Rd, Colleyville, TX 76034
      View Details
    • Sponsored
      Contact for pricing

      TX, Colleyville - Village Lane

      Discover many ways to work your way in Boise Downtown
      97 Village Ln, Colleyville, TX 76034
      View Details
    • Contact for pricing
      1,145 SF

      Retail Space For Rent

      Retail space available in a great location with easy access.
      1009-1101 Cheek Sparger Rd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      2,000 SF

      Restaurant with Drive-Thru and Patio

      Freestanding restaurant with drive-thru and patio available for assignment.
      4605 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • $18 SF/Yr

      Colleyville Office Suite For Lease

      Office suite for lease in a thriving Colleyville location.
      8500 Precinct Line Rd, Colleyville, TX 76034
      View Details
    • $24 SF/Yr

      Colleyville Office Space For Lease

      Office suite in prime Colleyville location available for lease.
      8504 Precinct Line Rd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      3,500 SF

      Former Bank Branch For Rent

      Freestanding building, retail or redevelopment opportunity, drive-thru, parking.
      3907 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space Available For Rent

      Retail property with 4,000 square feet available for rent.
      5601 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      5,683 SF

      Colleyville Office/Medical Suites Available

      Move-in ready office/medical suites with signage and tenant improvement allowance.
      6221 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      3,885 SF

      Move-In Ready Office/Medical Suites

      Second-generation office/medical suites with tenant improvement allowance.
      6211 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      4,000 SF

      Colleyville Retail Space Available

      Retail space for lease in Colleyville, Texas.
      4908 Colleyville Blvd, Colleyville, TX 76034
      View Details
    • Contact for pricing
      6,000 SF

      Colleyville Flex/Industrial Space Available

      6,000 SF flex/industrial space for lease in Colleyville, TX.
      6705 Colleyville Blvd, Colleyville, TX 76034
      View Details

    FAQs

    What type of property is this?
    Office units - 2,300 SF office space in a prime Colleyville location.
    Where is this office units located?
    The property is located at 1104 Professional Ct Colleyville, TX.
    What are key features of this property?
    This property features: - High-traffic location on Colleyville Blvd/Grapevine Hwy (22,668 vehicles per day).; - 2,300 SF available.; - Proximity to Main Street restaurants and entertainment.
    (817) 259-3518 Call to check price and availability
    Request Owner's contact information
    1104 Professional Ct Colleyville, TX 76034
    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.
    1104 Professional Ct
    Colleyville, TX 76034
    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
    1104 Professional Ct Colleyville, TX 76034
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Leland Prowse
    Leland Prowse
    (817) 259-3518 (817) 877-4433
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!