Office
413 Harwood Rd, Bedford, TX 76021
For Sale
$795,000
The Bedford property is identified as an office building and has an S zoning designation.
Property Size3,250 SF
Price / SF$244.62
Days on Market50
Property Features for 413 Harwood Rd
General Information
Standard status
Size
Class
Property subtype
Zoning
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Silver Oak Commercial Realty
Listed By:
Russ Webb · License TX #488983
(817) 233-7100
Source:
Silveroakcre
Added: Sep 24
Changed: Nov 4
Last Checked: Nov 12 at 5:19AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building at 413 Harwood Rd in Bedford contains 3,250 square feet. It was built in 2001 and carries an S zoning designation.
Key Highlights
- 3,250‑square‑foot office building
- Built in 2001
- S zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,160
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,123,200
$1.1M
Cap Rate 7%
$802,286
$802.3K
Cap Rate 9%
$624,000
$624.0K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$99.8K $30.72/SF
− Vacancy
−$25.0K −$7.68/SF
EGI
$74.9K $23.04/SF
− OpEx
−$18.7K −$5.76/SF
NOI
$56.2K $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%
$1,123,200
Cap Rate 7%
$802,286
Cap Rate 9%
$624,000
Alternative Uses
Best Use
Office B
$802.3K
$702.0K – $936.0K
NOI $56,160 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,028 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
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Business Placement
Demographics for 76021, TX
35,265
Population
15,410
Households
2.3
Avg Household Size
42
Median Age
45%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,831
Density / Sq Mi
$84,745
Median Household Income
$48,368
Median Earnings
$1,432
Median Rent
$349,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Tarrant County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The Bedford property is identified as an office building and has an S zoning designation.
Where is this office building located?
The property is located at 413 Harwood Rd Bedford, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3,250‑square‑foot office building; Built in 2001; S zoning designation
