Renovated Professional Office
For Sale
$2,019,000
2250 Pool Rd, Grapevine, TX 76051
Modern professional office building offers two available units that can be combined, completed with a 2021 renovation.
Property Size7,330 SF
Price / SF$252.38
Days on Market96
Property Features for 2250 Pool Rd
General Information
Standard status
Active
Size
7,330 SF
Class
A
Property subtype
Office
Additional Details
Business Included
No
Office Units
2
Building Details
Building Size
7,330 SF
Year Built
2005
Year Renovated
2021
Listing Agency:
Silver Oak Commercial Realty
Listed By:
LeAnn Brown · License #Texas #409352
(817) 313-3107
Source:
Silveroakcre
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 28 at 6:52AM
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
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Investment Insights
Based on property information with market context.
This renovated professional office building offers spacious, well-suited office space with modern construction and a complete renovation completed in 2021. Two units are available, with the option to combine them for a larger footprint.
The property is located with excellent access to major thoroughfares at a stoplighted intersection.
Available configurations support both smaller and combined office needs, with the building totaling 7,330 square feet of space.
The property is located with excellent access to major thoroughfares at a stoplighted intersection.
Available configurations support both smaller and combined office needs, with the building totaling 7,330 square feet of space.
Key Highlights
- Spacious 8,000 SF professional office building
- Two available units that may be combined
- Complete renovation completed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,240
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,764,800
$2.8M
Cap Rate 7%
$1,974,857
$2.0M
Cap Rate 9%
$1,536,000
$1.5M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$245.8K $30.72/SF
− Vacancy
−$61.4K −$7.68/SF
EGI
$184.3K $23.04/SF
− OpEx
−$46.1K −$5.76/SF
NOI
$138.2K $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%
$2,764,800
Cap Rate 7%
$1,974,857
Cap Rate 9%
$1,536,000
Alternative Uses
Best Use
Office B
$1.97M
$1.73M – $2.30M
NOI $138,240 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,992 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Office units
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Modern professional office building offers two available units that can be combined, completed with a 2021 renovation.
Where is this office unit located?
The property is located at 2250 Pool Rd Grapevine, TX.
What is the asking price?
The asking price for this property is $2,019,000.
What are key features of this property?
This property features: Spacious 8,000 SF professional office building; Two available units that may be combined; Complete renovation completed in 2021
