Well-Maintained Office Building For
2030 S Las Vegas Trail White Settlement, TX 76108
2030 S Las Vegas Trail, White Settlement, TX, 76108
$980,000
For Sale
$980,000
Two-story office building with ample parking in established market area.
Property Size4,038 SF
Price / SF$242.69
Days on Market60
Property Features for 2030 S Las Vegas Trail
General Information
- Standard status
- Active
- Size
- 4,038 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing Agency
League Real Estate
(402) 699-6020
Listed by
Kalyn Mckittrick · License #0655035
(402) 699-6020
Source
Signaturere
Added: May 18 Checked: Jul 16 at 10:29 am
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 League Real Estate
Investment Insights
Based on property information with market context.
This is a 4,038 square foot two-story professional office building featuring a total of 12 offices, 4 bathrooms, a conference room, and a kitchenette. The first floor includes 6 offices, a kitchenette, and 2 bathrooms, while the second floor offers 6 offices, a conference room, and 2 bathrooms. Constructed in 1980, the building has been meticulously maintained, featuring updated electrical components, including lighting and outlets, fresh paint, and a new iron gate surrounding the property. Ample gated parking is available, with 20 paved spaces. The property is situated on South Las Vegas Trail, conveniently located off Interstate 30, surrounded by national restaurants, retailers, and hotels, and a short drive from downtown Fort Worth. The office is well-located in an established market area with a population of over 160,000 within a 5-mile radius and an expected growth rate of 4.35% in the next 5 years. The average household income is just over $100,000 within a 5-mile radius of the property. The building is suitable for various business types, including financial, legal, insurance, or general office use.
Key Highlights
- Meticulously well‑maintained 4,038 SF office building with updated electrical and paint
- Ample gated parking with 20 paved spaces
- Excellent location on S. Las Vegas Trail, right off I‑30, near restaurants, retailers, and hotels
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 | $96.9k | $24.00 |
| − Vacancy | −$22.3k | −$5.52 |
| EGI | $74.6k | $18.48 |
| − OpEx | −$18.7k | −$4.62 |
| NOI | $56.0k | $13.86 |
4,038 SF · lease $24.00/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$799.5K
$699.6K – $932.8K
NOI $55,967 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$932.8K – $1.24M
NOI $74,622 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Two-story office building with ample parking in established market area.
Where is this office building located?
The property is located at 2030 S Las Vegas Trail White Settlement, TX.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Meticulously well‑maintained 4,038 SF office building with updated electrical and paint; Ample gated parking with 20 paved spaces; Excellent location on S. Las Vegas Trail, right off I‑30, near restaurants, retailers, and hotels
