Medical Office
1834 Keller Parkway, Keller, TX 76248
For Sale
New
$1,750,000
CommercialSale, Keller, TX
Property Size5,880 SF
Lot Size1.60 Acres
Price / SF$297.62
Days on Market2
Property Features for 1834 Keller Parkway
General Information
Property type
Property subtype
Zoning description
Subdivision
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Condition
Medical Specialty
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
monument signage
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Local Pro Realty LLC
(469) 993-3121
Listed By:
Omar Bhagat
(469) 422-8841
Added: Nov 8
Last Checked: Nov 9 at 7:06PM
MLS# 21112224
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.
The medical office condo at 1834 Keller Parkway contains 5,880 square feet across three suites. Suite 300 measures 1,253 square feet, and Suite 200 measures 1,790 square feet. Building features include monument signage and parking. Public water and sewer serve the property.
An adjacent unimproved tract at 1836 Keller Parkway is identified as 36,705 square feet. The property is along Keller Parkway, with access to HWY 377 and SH 121. The stated service area includes Keller, Grapevine, and Southlake.
An adjacent unimproved tract at 1836 Keller Parkway is identified as 36,705 square feet. The property is along Keller Parkway, with access to HWY 377 and SH 121. The stated service area includes Keller, Grapevine, and Southlake.
Key Highlights
- 5,880‑square‑foot medical office building with three suites
- Suite 300: 1,253 SF; Suite 200: 1,790 SF
- Adjacent unimproved tract at 1836 Keller Parkway measures 36,705 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,606
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,032,120
$2.0M
Cap Rate 7%
$1,451,514
$1.5M
Cap Rate 9%
$1,128,956
$1.1M
Market Conditions
NOI Build-Up for 5,880 SF
Gross rent
$180.6K $30.72/SF
− Vacancy
−$45.2K −$7.68/SF
EGI
$135.5K $23.04/SF
− OpEx
−$33.9K −$5.76/SF
NOI
$101.6K $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%
$2,032,120
Cap Rate 7%
$1,451,514
Cap Rate 9%
$1,128,956
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,606 @ 7.0% cap · market cap 5.81%
Second Best
Healthcare Medical
$1.44M
$1.26M – $1.68M
NOI $100,760 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,789 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Under-served
Demand for This Use
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
$545,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Tarrant County, TX
Properties on Market for Medical Office Space in Tarrant County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Three-suite medical office space is paired with an adjacent unimproved tract for potential expansion or future development.
Where is this medical office space located?
The property is located at 1834 Keller Parkway Keller, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 5,880‑square‑foot medical office building with three suites; Suite 300: 1,253 SF; Suite 200: 1,790 SF; Adjacent unimproved tract at 1836 Keller Parkway measures 36,705 SF
