North Richland Hills Office
For Sale
Contact for pricing
4028 Daley Ave, Fort Worth, TX 76180
1500 SF office with 9 rooms, shared amenities, ample parking.
Property Size1,500 SF
Price / SF$0.01
Days on Market262
Property Features for 4028 Daley Ave
General Information
Standard status
Active
Size
1,500 SF
Class
B
Property subtype
Office
Lease Term
Gross
Building Details
Building Size
1,500 SF
Properties For Sale
at 4028 Daley Ave
4028 Daley Ave.
Size
1,500 SF
Term
Negotiable
Listing Agency:
SVN | Trinity Advisors
Listed By:
James Blake, CCIM · License #TX #340987
(817) 288-5508
Source:
Svn
Added: Jan 27
Changed: Oct 9
Last Checked: Oct 14 at 9:10PM
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 SVN | Trinity Advisors
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Investment Insights
Based on property information with market context.
Approximately 1500 square feet of office space is available within a multi-tenant office building situated in North Richland Hills. The layout includes a total of 9 rooms, complemented by a shared kitchen and shared bathrooms. The building is accessible directly from the parking lot. The location provides convenient access to Grapevine Highway and Loop 820. Approximately 15 shared parking spaces are available. North Richland Hills is a suburb of Fort Worth, located within Tarrant County and is near Haltom City, Keller, Hurst and Southlake.
Key Highlights
- Convenient access to Grapevine Hwy. and Loop 820
- 1500 SF of office space available
- Located in North Richland Hills, a suburb of Ft Worth
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,156
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,120
$523.1K
Cap Rate 7%
$373,657
$373.7K
Cap Rate 9%
$290,622
$290.6K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.0K $30.00/SF
− Vacancy
−$10.1K −$6.75/SF
EGI
$34.9K $23.25/SF
− OpEx
−$8.7K −$5.81/SF
NOI
$26.2K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,120
Cap Rate 7%
$373,657
Cap Rate 9%
$290,622
Alternative Uses
Best Use
Office B
$373.7K
$327.0K – $435.9K
NOI $26,156 @ 7.0% cap · market cap 261,560.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$544.9K
$476.8K – $635.7K
NOI $38,142 @ 7.0% cap · market cap 381,420.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
Explore this area
Business Placement
Demographics for 76180, TX
37,087
Population
16,138
Households
2.3
Avg Household Size
37
Median Age
33%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
3,988
Density / Sq Mi
$78,688
Median Household Income
$42,984
Median Earnings
$1,553
Median Rent
$286,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Fort Worth, TX
Frequently Asked Questions
What type of property is this?
Office units - 1500 SF office with 9 rooms, shared amenities, ample parking.
Where is this office units located?
The property is located at 4028 Daley Ave Fort Worth, TX.
What are key features of this property?
This property features: Convenient access to Grapevine Hwy. and Loop 820; 1500 SF of office space available; Located in North Richland Hills, a suburb of Ft Worth
