Medical Office
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 Market97
Property Features for 4140 Heritage Trace Pkwy
General Information
Standard status
Active
Size
6,422 SF
Class
A
Property subtype
Office
Zoning
Neighborhood Commercial
Site & Location
Neighborhood
Heritage
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
first floor
Building Details
Year Built
2006
Year Renovated
2026
Tenancy
Multi
Listing Agency:
LanCarte Commercial
Listed By:
Kristen Fegley · License #809492
(214) 668-2607
Source:
Crexi
Added: Jul 30
Changed: Oct 25
Last Checked: Nov 1 at 3:18AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$111,984
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,239,680
$2.2M
Cap Rate 7%
$1,599,771
$1.6M
Cap Rate 9%
$1,244,267
$1.2M
Market Conditions
NOI Build-Up for 6,422 SF
Gross rent
$192.7K $30.00/SF
− Vacancy
−$43.3K −$6.75/SF
EGI
$149.3K $23.25/SF
− OpEx
−$37.3K −$5.81/SF
NOI
$112.0K $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%
$2,239,680
Cap Rate 7%
$1,599,771
Cap Rate 9%
$1,244,267
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
589
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
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
