Well-Maintained Office Space
2900 W Park Row Drive Pantego, TX 76013
For Sale
$965,580
Versatile office space suitable for medical or professional services.
Property Size2,229 SF
Price / SF$433.19
Days on Market96
Property Features for 2900 W Park Row Drive
General Information
- Standard status
- Active
- Size
- 2,229 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing Agency:
Gab Realty
(817) 714-8145
Listed By:
Gabriel Ugege · License #0559274
(817) 714-8145
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 4:56PM
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 Gab Realty
Investment Insights
Based on property information with market context.
This well-maintained property offers 2229 square feet of space suitable for various professional uses. According to the floor plan, the property can be utilized as a medical office, marketing office, lawyer's office, bookkeeping service, or other similar businesses.
Key Highlights
- Versatile property suitable for various office types including Medical, Marketing, Legal, and Bookkeeping.
- Well‑maintained condition.
- Floor plan available for review.
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 | $68.5k | $30.72 |
| − Vacancy | −$17.1k | −$7.68 |
| EGI | $51.4k | $23.04 |
| − OpEx | −$12.8k | −$5.76 |
| NOI | $38.5k | $17.28 |
2,229 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$550.2K
$481.5K – $642.0K
NOI $38,517 @ 7.0% cap · market cap 3.99%
Second Best
Healthcare Medical
$545.7K
$477.5K – $636.6K
NOI $38,196 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$784.1K
$686.1K – $914.8K
NOI $54,887 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Off Market Nearby
- Petco Vaccination Clinic — 2717 W Park Row Dr, Arlington, TX 76013
- Smyth w Gordon DVM — 3808 Country Club Rd, Arlington, TX 76013
- Sanders R M DVM — 2522 W Park Row Dr, Pantego, TX 76013
- Exclusively Equine Ambulatory — Pantego, TX 76013
FAQs
What type of property is this?
Medical Office Space - Versatile office space suitable for medical or professional services.
Where is this medical office space located?
The property is located at 2900 W Park Row Drive Pantego, TX.
What is the asking price?
The asking price for this property is $965,580.
What are key features of this property?
This property features: Versatile property suitable for various office types including Medical, Marketing, Legal, and Bookkeeping.; Well‑maintained condition.; Floor plan available for review.
