Highly Visible Corner Office
428 Harwood Road Bedford, TX 76021
428 Harwood Road, Bedford, TX, 76021
$1,175,000
For Sale
$1,175,000
SINGLE_FAMILY - Bedford, TX
Property Size5,876 SF
Lot Size0.55 Acres
Price / SF$199.97
Days on Market95
Property Features for 428 Harwood Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Oversize
- Standard status
- Active
- APN
- 04989325
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Description
- SHADY OAKS EAST ADDITION BLOCK 2 LOT 2R
- Tax Annual Amount
- 12515
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Chase Realty DFW
(817) 237-7653
Fort worth, TX
Listed by
Zach Napier · License #0737406
(817) 614-6833
Added: Apr 15 Checked: Jul 18 at 5:06 am
MLS# 21238890
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
428 Harwood Road presents a highly visible office building positioned on a hard corner at Harwood Rd and Northridge Dr. The property includes a flat roof and an interior layout with no load-bearing interior walls, giving significant flexibility to reconfigure the space for different office needs. With front, side, and rear access points, the building can be managed as a single user or easily demised into multiple suites or units, supporting a range of office and commercial occupancies.
This site is set within the HEB (Hurst-Euless-Bedford) corridor and is described as offering quick access to major regional hubs, including Downtown Fort Worth and DFW Airport. The location is positioned to capture strong daily drive-by traffic. Additional site conveniences include ample parking and designated dumpster areas, designed to support day-to-day operations for tenants and visitors.
The configuration and access make the building well-suited for tenants seeking practical flexibility, whether they want to occupy the full +/−5,876 SF or split the space into smaller offerings. For buyers, the combination of corner visibility, multi-direction access, and the ability to rework the floor plan can support multiple leasing strategies while maintaining straightforward operational control for office-focused users.
This site is set within the HEB (Hurst-Euless-Bedford) corridor and is described as offering quick access to major regional hubs, including Downtown Fort Worth and DFW Airport. The location is positioned to capture strong daily drive-by traffic. Additional site conveniences include ample parking and designated dumpster areas, designed to support day-to-day operations for tenants and visitors.
The configuration and access make the building well-suited for tenants seeking practical flexibility, whether they want to occupy the full +/−5,876 SF or split the space into smaller offerings. For buyers, the combination of corner visibility, multi-direction access, and the ability to rework the floor plan can support multiple leasing strategies while maintaining straightforward operational control for office-focused users.
Key Highlights
- +/-5,876 SF office building (year built 1984) with flat roof and brick construction
- Central heating and central air; flat roof design
- Flexible layout with no load‑bearing interior walls and ability to reconfigure the floor plan
Local 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 | $180.5k | $30.72 |
| − Vacancy | −$45.1k | −$7.68 |
| EGI | $135.4k | $23.04 |
| − OpEx | −$33.8k | −$5.76 |
| NOI | $101.5k | $17.28 |
5,876 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,537 @ 7.0% cap · market cap 8.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,691 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Texas Insurance Group
Insurance Agency
Mceachern Eric
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Flexible office building on a hard corner with ample parking and multiple access points for convenient tenant and visitor flow.
Where is this office building located?
The property is located at 428 Harwood Road Bedford, TX.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: +/-5,876 SF office building (year built 1984) with flat roof and brick construction; Central heating and central air; flat roof design; Flexible layout with no load‑bearing interior walls and ability to reconfigure the floor plan
