Medical Office
New
For Sale
Contact for pricing
4140 Heritage Trace Pkwy, Fort Worth, TX 76244
First-floor professional space is available for immediate occupancy within a Neighborhood Commercial-zoned property.
Property Size6,422 SF
Price / SF$295.86
Days on Market6
Property Features for 4140 Heritage Trace Pkwy
General Information
Standard status
Active
Size
6,422 SF
Property subtype
Office
Zoning
Neighborhood Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
first floor
Building Details
Year Built
2006
Year Renovated
2026
Listing Agency:
LanCarte Commercial
(806) 206-0290
Listed By:
Kristen Fegley · License #809492
Source:
Crexi
Added: Jul 30
Changed: Aug 4
Last Checked: Aug 4 at 7:15AM
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 LanCarte Commercial
Investment Insights
Based on property information with market context.
Built in 2006, this professional office and medical property provides 6,422 SF on the first floor. The space is positioned for immediate occupancy and offers a dedicated setting for office or medical operations.
The property is located at 4140 Heritage Trace Pkwy in Fort Worth’s Heritage/Alliance corridor, with direct access along Heritage Trace Parkway and convenient proximity to I-35W. The Alliance Global Logistics Hub, major employers, and expanding residential areas are also nearby.
Neighborhood Commercial zoning and the building’s professional office configuration provide a straightforward commercial setting for an owner-user or occupier seeking first-floor space in North Fort Worth.
The property is located at 4140 Heritage Trace Pkwy in Fort Worth’s Heritage/Alliance corridor, with direct access along Heritage Trace Parkway and convenient proximity to I-35W. The Alliance Global Logistics Hub, major employers, and expanding residential areas are also nearby.
Neighborhood Commercial zoning and the building’s professional office configuration provide a straightforward commercial setting for an owner-user or occupier seeking first-floor space in North Fort Worth.
Key Highlights
- 6,422 SF of first‑floor office and medical space
- Available for immediate occupancy
- Built in 2006
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 | $192.7k | $30.00 |
| − Vacancy | −$43.3k | −$6.75 |
| EGI | $149.3k | $23.25 |
| − OpEx | −$37.3k | −$5.81 |
| NOI | $112.0k | $17.44 |
6,422 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.60M
$1.40M – $1.87M
NOI $111,984 @ 7.0% cap · market cap 5.89%
Second Best
Healthcare Medical
$1.34M
$1.17M – $1.56M
NOI $93,633 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,299 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
Explore this area
Business Placement
Demographics for 76244, TX
77,154
Population
26,098
Households
3
Avg Household Size
33
Median Age
45%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
5,178
Density / Sq Mi
$119,542
Median Household Income
$62,021
Median Earnings
$1,954
Median Rent
$363,200
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - First-floor professional space is available for immediate occupancy within a Neighborhood Commercial-zoned property.
Where is this office building located?
The property is located at 4140 Heritage Trace Pkwy Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 6,422 SF of first‑floor office and medical space; Available for immediate occupancy; Built in 2006
