Medical Office Property with Two
New
For Sale
$675,000
3233 Denton Highway, Haltom City, TX 76117
C-2 zoning and separate entrances, utilities, and HVAC support independent suite occupancy.
Property Size3,044 SF
Price / SF$221.75
Days on Market2
Property Features for 3233 Denton Highway
General Information
Standard status
Active
Size
3,044 SF
Property subtype
Business
Zoning
C-2
Site & Location
Neighborhood
Garden of Eden
Highway Access
Yes
Additional Details
Office Units
2
Tenant in Place
Yes
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$7,063
Building Details
Building Size
3,044 SF
Year Built
1965
Buildings
1
Listing Agency:
INC Realty, LLC
Listed By:
Leslie Barrick
(972) 351-1095
Source:
Nilesrealtygroup
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 25 at 2:49AM
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 INC Realty, LLC
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Investment Insights
Based on property information with market context.
This 3,044-square-foot medical office property contains two separately accessed suites beneath one roof. The 2,030-square-foot Suite A is leased to a medical practice, while the 1,014-square-foot Suite B is vacant and was previously used for medical-dental practice. Each suite has separate utilities and an independent HVAC system. The building was constructed in 1965, and on-site parking serves the property.
At the corner of Denton Highway (Hwy 377) and Broadway Avenue in Haltom City, the site is zoned C-2. The two-suite layout combines an occupied space with a vacant suite, with each having its own entrance and building systems.
At the corner of Denton Highway (Hwy 377) and Broadway Avenue in Haltom City, the site is zoned C-2. The two-suite layout combines an occupied space with a vacant suite, with each having its own entrance and building systems.
Key Highlights
- 3,044‑square‑foot medical office property with two suites
- Suite A: 2,030 square feet; leased to a medical practice
- Suite B: 1,014 square feet; vacant and previously used for medical‑dental practice
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,600
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,000
$1.1M
Cap Rate 7%
$751,429
$751.4K
Cap Rate 9%
$584,444
$584.4K
Market Conditions
NOI Build-Up for 3,044 SF
Gross rent
$93.5K $30.72/SF
− Vacancy
−$23.4K −$7.68/SF
EGI
$70.1K $23.04/SF
− OpEx
−$17.5K −$5.76/SF
NOI
$52.6K $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%
$1,052,000
Cap Rate 7%
$751,429
Cap Rate 9%
$584,444
Alternative Uses
Best Use
Office B
$751.4K
$657.5K – $876.7K
NOI $52,600 @ 7.0% cap · market cap 7.79%
Second Best
Healthcare Medical
$745.2K
$652.0K – $869.4K
NOI $52,162 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$1.07M
$936.9K – $1.25M
NOI $74,955 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 76117, TX
33,398
Population
12,793
Households
2.6
Avg Household Size
34
Median Age
12%
College-Educated
71%
High-School Grad
10.9 sq mi
ZIP Area
3,064
Density / Sq Mi
$49,041
Median Household Income
$34,111
Median Earnings
$1,205
Median Rent
$185,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- RUFE SNOW ANIMAL CLINIC — Haltom City, TX 76117
- North Texas Equine Testing Lab — 5705 E Belknap St, Fort Worth, TX 76117
- Haltom City Animal Hospital — 5705 E Belknap St, Haltom City, TX 76117
Frequently Asked Questions
What type of property is this?
Medical Office Space - C-2 zoning and separate entrances, utilities, and HVAC support independent suite occupancy.
Where is this medical office space located?
The property is located at 3233 Denton Highway Haltom City, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 3,044‑square‑foot medical office property with two suites; Suite A: 2,030 square feet; leased to a medical practice; Suite B: 1,014 square feet; vacant and previously used for medical‑dental practice
