Office Building with Shell
New
For Sale
$3,500,000
1716 Keller Parkway, Keller, TX 76248
CommercialSale, Keller, TX
Property Size5,800 SF
Lot Size0.47 Acres
Price / SF$603.45
Days on Market7
Property Features for 1716 Keller Parkway
General Information
Property type
Commercial Sale
Property subtype
Office
Property condition
Under Construction
Zoning description
Commercial Office
Subdivision
Bloomfield Add
Directions
From Highway 377 (Main Street) in Keller, head west on Keller Parkway (FM 1709). Continue along Keller Parkway to 1716 Keller Parkway. Turn into Keller Parkway Office Park and follow the driveway to the property.
Standard status
Active
APN
42418427
Lot size
0.47 Acres
Additional Details
Property Use
Medical Office
Condition
Shell
Taxes and HOA fees
Tax Description
BLOOMFIELD ADDN BLOCK 1 LOT 6
Tax Annual Amount
13865
Legal Description
BLOOMFIELD ADDN BLOCK 1 LOT 6
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
2
Number of units
7
Building materials
Brick, Rock, Stone
Roof type
Composition
Buildings
1
Listing Agency:
The Selling Experts Inc
(214) 901-0804
Listed By:
Emily Hohenstein
(214) 797-3913
Added: Oct 23
Last Checked: Oct 29 at 3:06PM
MLS# 21419376
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2024 office property is under construction and contains seven separate suites. The interiors are in shell condition, allowing for buyer-specific build-outs. The entire building is also available as a single acquisition. The property is designated for commercial office use and occupies approximately 0.473 acres along Keller Parkway (FM 1709).
Key Highlights
- Seven individual office suites, with the option to acquire the full building
- Built in 2024; currently under construction with shell interiors
- Approximately 0.473 acres along Keller Parkway (FM 1709)
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
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Current Use
Lease Details
7
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Seven suites can be acquired individually or together, with unfinished interiors ready for build-out.
Where is this office unit 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: Seven individual office suites, with the option to acquire the full building; Built in 2024; currently under construction with shell interiors; Approximately 0.473 acres along Keller Parkway (FM 1709)
