High-Visibility Bedford Office
428 Harwood Road, Bedford, TX 76021
SINGLE_FAMILY - Bedford, TX
Type:Office
Property size:
5,876 SFLot size:
0.55 AcresPrice / SF:
$199/SF- Added:
- Apr 15, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 2 at 10:06 pm
Property Features for 428 Harwood Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Oversize
- Standard status
- Active
- APN
- 04989325
- Size
- 5,876 SF
- 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 agent Zach Napier License #0737406 (817) 614-6833
Listing office Chase Realty DFW Fort worth, TX (817) 237-7653
Listing date Apr 15, 2026
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.
HighLights
- Highly visible hard corner location at Harwood Rd and Northridge Dr with strong daily traffic.
- Versatile ±5,876 SF office building easily demised into multiple suites with front, side, and rear access.
- Maximum flexibility to reconfigure space due to flat roof design and no load‑bearing interior walls.
- Ample parking, designated dumpster areas, and dual points of access.
- Strategically located within the HEB corridor with quick access to Downtown Fort Worth and DFW Airport.
- Brick construction with oversized parking.
Overview
The property at 428 Harwood Rd presents a unique opportunity, offering high visibility on the corner of Harwood Rd and Northridge Dr. This location benefits from significant daily traffic, making it suitable for various office or commercial purposes. The site includes ample parking, designated dumpster areas, and dual access points for convenience. Situated within the HEB corridor, the location provides quick access to Downtown Fort Worth and DFW Airport. The existing office building spans approximately 5,876 square feet and offers versatility for dividing into multiple suites or units, facilitated by front, side, and rear access points. The structure features a flat roof design and no load-bearing interior walls, allowing for flexible reconfiguration of the space, whether for an open floor plan or additional offices. The property is positioned on a 0.546-acre lot.
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.
Location Intelligence
Current Use by Public Records
Texas Insurance Group
Insurance Agency
Mceachern Eric
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1629489
- Latitude
- 32.8522034
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Versatile office building on a prominent corner lot.
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: Highly visible hard corner location at Harwood Rd and Northridge Dr with strong daily traffic.; Versatile ±5,876 SF office building easily demised into multiple suites with front, side, and rear access.; Maximum flexibility to reconfigure space due to flat roof design and no load‑bearing interior walls.
