Two-Building Office
For Sale
$3,250,000
2200-2220 Pool Road, Grapevine, TX 76051
Includes a recently remodeled two-story building and a single-story office structure.
Property Size15,605 SF
Days on Market68
Property Features for 2200-2220 Pool Road
General Information
Standard status
Active
Size
15,605 SF
Class
B
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
Monument signage
Building Details
Building Size
15,605 SF
Buildings
2
Construction
Stone / Stucco
Listing Agency:
Silver Oak Commercial Realty
(817) 233-7100
Listed By:
Russ Webb · License #TX #488983
(817) 233-7100
Source:
Silveroakcre
Added: Jun 24
Changed: Aug 29
Last Checked: Aug 29 at 4:41PM
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 Silver Oak Commercial Realty
Investment Insights
Based on property information with market context.
This offering combines two office buildings totaling 21,103 square feet, available only as a single acquisition. The 2200 Pool Road building contains two stories and 15,605 square feet, while the 2220 Pool Road building provides 5,498 square feet on one level. Both structures are suited to professional office and medical use, with leases in place. The 2200 building has been recently remodeled.
The improvements feature stone and stucco construction, concrete parking, and monument signage. The property sits at a signalized intersection and is approximately 10 minutes from DFW Airport. Access to Highways 114, 121, and 360, along with FM 1709, is within minutes.
The improvements feature stone and stucco construction, concrete parking, and monument signage. The property sits at a signalized intersection and is approximately 10 minutes from DFW Airport. Access to Highways 114, 121, and 360, along with FM 1709, is within minutes.
Key Highlights
- Two office buildings totaling 21,103 square feet; both must be purchased together
- 2200 Pool Road: 15,605‑square‑foot, two‑story office building
- 2220 Pool Road: 5,498‑square‑foot, single‑story office building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$269,654
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,393,080
$5.4M
Cap Rate 7%
$3,852,200
$3.9M
Cap Rate 9%
$2,996,156
$3.0M
Market Conditions
NOI Build-Up for 15,605 SF
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.
Gross rent
$479.4K $30.72/SF
− Vacancy
−$119.8K −$7.68/SF
EGI
$359.5K $23.04/SF
− OpEx
−$89.9K −$5.76/SF
NOI
$269.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,393,080
Cap Rate 7%
$3,852,200
Cap Rate 9%
$2,996,156
Alternative Uses
Best Use
Office B
$3.85M
$3.37M – $4.49M
NOI $269,654 @ 7.0% cap · market cap 8.30%
Second Best
Healthcare Medical
$3.82M
$3.34M – $4.46M
NOI $267,407 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$5.49M
$4.80M – $6.40M
NOI $384,258 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Explore this area
Business Placement
Demographics for 76051, TX
49,969
Population
22,529
Households
2.2
Avg Household Size
39
Median Age
57%
College-Educated
95%
High-School Grad
22.3 sq mi
ZIP Area
2,241
Density / Sq Mi
$111,193
Median Household Income
$61,522
Median Earnings
$1,806
Median Rent
$467,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Includes a recently remodeled two-story building and a single-story office structure.
Where is this office building located?
The property is located at 2200-2220 Pool Road Grapevine, TX.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Two office buildings totaling 21,103 square feet; both must be purchased together; 2200 Pool Road: 15,605‑square‑foot, two‑story office building; 2220 Pool Road: 5,498‑square‑foot, single‑story office building
