Office Building with Shell
New
For Sale
$3,500,000
1716 Keller Parkway, Keller, TX 76248
Commercial office zoning and unfinished interiors allow occupants to plan build-outs around their requirements.
Property Size5,800 SF
Lot Size0.47 Acres
Price / SF$603.45
Days on Market6
Property Features for 1716 Keller Parkway
General Information
Standard status
Active
Size
5,800 SF
Lot size
0.47 Acres
Property subtype
Office
Additional Details
Condition
Shell
Road Access
Yes
Office Units
7
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$13,865
Building Details
Building Size
5,800 SF
Year Built
2024
Buildings
1
Construction
stone and brick
Tenancy
Multi
Listing Agency:
The Selling Experts Inc
Listed By:
Emily Hohenstein · License #0808634
(214) 862-6760
Source:
Baerealty
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 28 at 5:13PM
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 The Selling Experts Inc
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Investment Insights
Based on property information with market context.
Built in 2024, this 5,800-square-foot office building contains 7 suites offered individually or together, with sale and lease options. The shell interiors are ready for build-out, and the exterior combines stone and brick. The property occupies approximately 0.473 acres and is zoned for commercial office use.
Frontage along Keller Parkway (FM 1709) and access to major thoroughfares connect the site with restaurants, shopping, hotels, and nearby residential communities. The roadway carries approximately 41,000 vehicles per day, and surface parking is available.
Frontage along Keller Parkway (FM 1709) and access to major thoroughfares connect the site with restaurants, shopping, hotels, and nearby residential communities. The roadway carries approximately 41,000 vehicles per day, and surface parking is available.
Key Highlights
- 5,800‑square‑foot building with 7 individual suites
- Suites and the entire building are offered for sale or lease
- Built in 2024 with shell interiors for build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,224
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,004,480
$2.0M
Cap Rate 7%
$1,431,771
$1.4M
Cap Rate 9%
$1,113,600
$1.1M
Market Conditions
NOI Build-Up for 5,800 SF
Gross rent
$178.2K $30.72/SF
− Vacancy
−$44.5K −$7.68/SF
EGI
$133.6K $23.04/SF
− OpEx
−$33.4K −$5.76/SF
NOI
$100.2K $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 Rate 5%
$2,004,480
Cap Rate 7%
$1,431,771
Cap Rate 9%
$1,113,600
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,224 @ 7.0% cap · market cap 2.86%
Second Best
Healthcare Medical
$1.42M
$1.24M – $1.66M
NOI $99,389 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M
NOI $142,819 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
7
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
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Business Placement
Demographics for 76248, TX
40,894
Population
14,749
Households
2.8
Avg Household Size
42
Median Age
60%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
2,588
Density / Sq Mi
$169,391
Median Household Income
$77,224
Median Earnings
$1,979
Median Rent
$545,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Commercial office zoning and unfinished interiors allow occupants to plan build-outs around their requirements.
Where is this office building located?
The property is located at 1716 Keller Parkway Keller, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 5,800‑square‑foot building with 7 individual suites; Suites and the entire building are offered for sale or lease; Built in 2024 with shell interiors for build‑out
