Remodeled Colleyville Office/Warehouse
120 Acuff Ln Colleyville, TX
For Sale
Contact for pricing
Remodeled flex space in Colleyville with CC-3 zoning.
Property Size3,930 SF
Lot Size0.47 Acres
Price / SF$227.74
Days on Market711
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
(817) 714-8395
Listed By:
Troy Morgan, CCIM · License #543987
(817) 714-8395
Source:
Moodyscre
Added: Aug 13, 2024
Changed: Jul 6
Last Checked: Jul 21 at 3:13AM
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 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 |
3,930 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
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
