120 Acuff Ln, Colleyville, TX
Remodeled flex space in Colleyville with CC-3 zoning.
- Added:
- Aug 13, 2024
- Days on Market:
- 666
- Last Refresh:
- May 20 at 8:58 pm
Property Features for 120 Acuff Ln
General Information
- Standard status
- Active
- Size
- 3,930 SF
- Lot size
- 0.47 Acres
- Property subtype
- OFFICE
Listing agent Troy Morgan, CCIM License #543987 (817) 714-8395
Listing office Structure Commercial (817) 714-8395
Listing date Aug 13, 2024
Source Moodyscre
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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
- One block off of Colleyville Blvd/Blvd 26
- Electric entrance gate
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.7k | $30.72 |
| − Vacancy | −$30.2k | −$7.68 |
| EGI | $90.5k | $23.04 |
| − OpEx | −$22.6k | −$5.76 |
| NOI | $67.9k | $17.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colleyville
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1672
- Latitude
- 32.8697