Flex/Office Retail Corner
1901 Bedford Road Bedford, TX 76021
New
1901 Bedford Road, Bedford, TX, 76021
$680,000
For Sale
$680,000
Corner lot retail-flex building with aluminum storefronts, rear truck-dock access, and separate HVAC and utilities per space.
Property Size1,889 SF
Price / SF$359.98
Days on Market1
Property Features for 1901 Bedford Road
General Information
- Standard status
- Active
- Size
- 1,889 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1957
Listing agency
Keller Williams Realty
(972) 979-4194
Listed by
Kenneth Thayer · License #0466389
(972) 979-4194
Source
Fullhouserealtytx
Added: Jul 22 Checked: Jul 22 at 2:14PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This corner lot commercial building offers flexible use with multiple rental spaces, each with an aluminum and glass entry door. The exterior features brick masonry construction with an aluminum storefront, and interior walls are mostly masonry with some drywall and glass block. Both sides were re-carpeted in 2024, and the A side includes a wood-paneled office area.
The property has approximately 112 feet of frontage on Bedford Road and approximately 115 feet of frontage on Pine Ridge Drive. A precast concrete barrier wall separates the site from residential lots behind, while asphalt drive access around the building supports a rear truck dock spanning most of the width. Each space has a steel rear door leading to the truck dock.
Each unit is served by its own air conditioning system with natural gas heat, along with separate gas and electric meters. A common water meter serves the entire building. The roof system includes a metal pan on triangular metal trusses with a built-up roof overlay and an acrylic membrane installed in March 2023 with a 15-year warranty, according to the provided information.
The property has approximately 112 feet of frontage on Bedford Road and approximately 115 feet of frontage on Pine Ridge Drive. A precast concrete barrier wall separates the site from residential lots behind, while asphalt drive access around the building supports a rear truck dock spanning most of the width. Each space has a steel rear door leading to the truck dock.
Each unit is served by its own air conditioning system with natural gas heat, along with separate gas and electric meters. A common water meter serves the entire building. The roof system includes a metal pan on triangular metal trusses with a built-up roof overlay and an acrylic membrane installed in March 2023 with a 15-year warranty, according to the provided information.
Key Highlights
- 1957‑built corner lot retail‑flex building with two spaces and rear truck‑dock access
- Approx. 112 ft frontage on Bedford Road and approx. 115 ft frontage on Pine Ridge Drive
- Brick masonry exterior with aluminum storefronts and aluminum/glass entry doors for each rental space
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 | $58.0k | $30.72 |
| − Vacancy | −$14.5k | −$7.68 |
| EGI | $43.5k | $23.04 |
| − OpEx | −$10.9k | −$5.76 |
| NOI | $32.6k | $17.28 |
1,889 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$466.3K
$408.0K – $544.0K
NOI $32,642 @ 7.0% cap · market cap 4.80%
Second Best
Retail
$447.9K
$391.9K – $522.6K
NOI $31,354 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$664.5K
$581.4K – $775.3K
NOI $46,515 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Farmers Insurance - Sabine ...
Insurance Agency
Real Estate and Business ...
Real Estate Agency
Mid-Cities Irrigation, Inc.
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Platinum Catering — 1833 Airport Fwy, Bedford, TX 76021
FAQs
What type of property is this?
Flex space - Corner lot retail-flex building with aluminum storefronts, rear truck-dock access, and separate HVAC and utilities per space.
Where is this flex space located?
The property is located at 1901 Bedford Road Bedford, TX.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 1957‑built corner lot retail‑flex building with two spaces and rear truck‑dock access; Approx. 112 ft frontage on Bedford Road and approx. 115 ft frontage on Pine Ridge Drive; Brick masonry exterior with aluminum storefronts and aluminum/glass entry doors for each rental space
