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Office Buildings with Ample Parking

200 Meadowlands Boulevard, Keller, TX 76248

For Sale
$2,375,000

CommercialSale, Keller, TX

Property Size8,112 SF
Lot Size0.92 Acres
Price / SF$292.78
Days on Market126

Property Features for 200 Meadowlands Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Retail
Parking features Driveway, Garage, Parking Lot
Security features Security
Accessibility Accessible Approach with Ramp
Subdivision Shemwell Addition
Lot features Landscaped, Level, Sprinkler System
Directions GPS Meadowlands Boulevard is north from Keller Parkway (FM 1709) in between N. Pate Orr Road and Borland Road. 200 Meadowlands is one block north of Keller Parkway on your left (west side).
Standard status Active
APN 40738078
Lot size 0.92 Acres

Additional Details

Condition Move-in Ready

Taxes and HOA fees

Tax Description Shemwell Addition Block A Lot R1
Legal Description Shemwell Addition Block A Lot R1

Utilities

Sewer type Public Sewer
Heating system Central, Zoned, Electric (Heating)
Cooling system Zoned, Central Air, Electric, Multi Units
Water source Public

Building Details

Year built 2006
Floors in Building 1
Number of units 2
Flooring type Travertine, Laminate, Carpet
Building materials Brick
Roof type Composition, Shingle
Buildings 2
Listing Agency: P. Bradley Enderby
Listed By: Brad Enderby · License TX #0337687
Added: Jul 11 Changed: Oct 26 Last Checked: Nov 13 at 11:06AM
MLS# 20653445

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.

Rey
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Investment Insights

Based on property information with market context.

This office property comprises two buildings with brick construction and a 2006 completion date. Interior finishes include carpet, laminate, and travertine flooring, while central, electric, and zoned systems support heating and cooling. The property also includes accessible ramp access and public water and sewer service.

Set on 0.9218 acres in Keller, Texas, the site provides two entrances and exits and concrete parking for 46 automobiles. Parking improvements include a lot, driveway, and garage areas. Retail zoning is identified for the property, and occupancy is available upon closing and funding.

Key Highlights

  • Two‑building office property on 0.9218 acres
  • Retail zoning identified for the property
  • Concrete parking for 46 automobiles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$140,175
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,803,500 $2.8M
Cap Rate 7%
$2,002,500 $2.0M
Cap Rate 9%
$1,557,500 $1.6M
Market Conditions
NOI Build-Up for 8,112 SF
Gross rent
$249.2K $30.72/SF
− Vacancy
−$62.3K −$7.68/SF
EGI
$186.9K $23.04/SF
− OpEx
−$46.7K −$5.76/SF
NOI
$140.2K $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%
$2,803,500
Cap Rate 7%
$2,002,500
Cap Rate 9%
$1,557,500

Alternative Uses

Best Use
Office B
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,175 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.85M
$2.50M – $3.33M (±1% cap)
NOI $199,750 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

WES Enterprises LP Production Facility

Suggested Use

Top Pick Law Firm Auto Repair Shop Real Estate Agency Auto Parts Store Furniture & Home Goods Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,051
Businesses Nearby

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
View Realmo Analytics

Market

Properties on Market for Office buildings in Tarrant County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Retail-zoned office property with two access points and immediate occupancy upon closing.
Where is this office building located?
The property is located at 200 Meadowlands Boulevard Keller, TX.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Two‑building office property on 0.9218 acres; Retail zoning identified for the property; Concrete parking for 46 automobiles
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