Recently Renovated Office
For Sale
Contact for pricing
4700 Barbara Road, River Oaks, TX 76114
Recently renovated office with private offices, restrooms, and flexible workspace, suited for a range of professional and medical users.
Property Size1,623 SF
Price / SF$215.65
Days on Market59
Property Features for 4700 Barbara Road
General Information
Standard status
Active
Size
1,623 SF
Property subtype
Retail, Office
Zoning
C1
Additional Details
Highway Access
Yes
Building Details
Year Built
1975
Year Renovated
2026
Buildings
1
Stories
1
Units
1
Listing Agency:
DFW Portfolio Commercial
Listed By:
Barry Nations · License #0772576
Source:
Crexi
Added: Jul 2
Changed: Aug 17
Last Checked: Aug 29 at 1:36PM
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 DFW Portfolio Commercial
Investment Insights
Based on property information with market context.
This recently renovated professional office building is currently in its final stages of completion, with remaining mechanical finishes including HVAC, plumbing, and electrical requiring limited additional work and funding. The space features a thoughtfully designed interior with private offices, restrooms, a reception area, and flexible workspace that can support a variety of professional users. The property is being delivered as part of an ongoing completion process, and the seller intends to finish the remaining scope, while it is also available for purchase in its current condition for buyers who want to customize the final improvements.
Located in the heart of River Oaks at 4700 Barbara Road, the property is described as conveniently accessible to Loop 820, TX-199, and Downtown Fort Worth, supporting easy commutes for staff and clients.
This configuration is a practical fit for owner-users or investors seeking a professional environment adaptable to many office categories, including attorneys, insurance agencies, accountants, engineers, contractors, medical offices, title companies, and real estate professionals. Buyers can either rely on the seller’s planned completion or purchase as-is to tailor the final mechanical and finish details to their requirements.
Located in the heart of River Oaks at 4700 Barbara Road, the property is described as conveniently accessible to Loop 820, TX-199, and Downtown Fort Worth, supporting easy commutes for staff and clients.
This configuration is a practical fit for owner-users or investors seeking a professional environment adaptable to many office categories, including attorneys, insurance agencies, accountants, engineers, contractors, medical offices, title companies, and real estate professionals. Buyers can either rely on the seller’s planned completion or purchase as-is to tailor the final mechanical and finish details to their requirements.
Key Highlights
- 1,623 SF professional office building built in 1975 in the heart of River Oaks
- Recently renovated with private offices, restrooms, a reception area, and flexible workspace
- Final stages of completion: remaining mechanical finishes (HVAC, plumbing, and electrical) require limited additional work
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,045
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$560,900
$560.9K
Cap Rate 7%
$400,643
$400.6K
Cap Rate 9%
$311,611
$311.6K
Market Conditions
NOI Build-Up for 1,623 SF
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.
Gross rent
$49.9K $30.72/SF
− Vacancy
−$12.5K −$7.68/SF
EGI
$37.4K $23.04/SF
− OpEx
−$9.3K −$5.76/SF
NOI
$28.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$560,900
Cap Rate 7%
$400,643
Cap Rate 9%
$311,611
Alternative Uses
Best Use
Office B
$400.6K
$350.6K – $467.4K
NOI $28,045 @ 7.0% cap · market cap 8.01%
Second Best
Healthcare Medical
$397.3K
$347.7K – $463.5K
NOI $27,812 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$570.9K
$499.6K – $666.1K
NOI $39,965 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
Demographics for 76114, TX
26,676
Population
10,648
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
76%
High-School Grad
9.7 sq mi
ZIP Area
2,750
Density / Sq Mi
$61,055
Median Household Income
$40,145
Median Earnings
$1,231
Median Rent
$195,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Recently renovated office with private offices, restrooms, and flexible workspace, suited for a range of professional and medical users.
Where is this office building located?
The property is located at 4700 Barbara Road River Oaks, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,623 SF professional office building built in 1975 in the heart of River Oaks; Recently renovated with private offices, restrooms, a reception area, and flexible workspace; Final stages of completion: remaining mechanical finishes (HVAC, plumbing, and electrical) require limited additional work
