Retail Building on Corner
For Sale
$1,595,000
521 West Bedford Euless Road, Hurst, TX 76053
Retail property on a corner lot with mixed-use zoning.
Property Size8,645 SF
Lot Size0.57 Acres
Price / SF$184.50
Days on Market137
Property Features for 521 West Bedford Euless Road
General Information
Standard status
Active
Size
8,645 SF
Lot size
0.57 Acres
Property subtype
Retail
Listing Agency:
(214) 979-6328
Listed By:
Stan McClure · License #315916
(214) 979-6328
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Jul 16 at 5:30AM
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 Stan McClure
Investment Insights
Based on property information with market context.
This retail property, constructed in 1969 and renovated in 1980, offers a building size of 8,645 square feet on a total site of 24,750 square feet, which is equivalent to 0.57 acres. The property benefits from its corner location along West Bedford Euless Road. It features one dock-high door and pole signage. The zoning is designated as MU, indicating mixed-use.
Key Highlights
- Mixed‑Use (MU) Zoning
- Prime Corner Location
- Building Size: 8,645 SF
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
$143,493
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
9.00%
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%
$2,869,860
$2.9M
Cap Rate 7%
$2,049,900
$2.0M
Cap Rate 9%
$1,594,367
$1.6M
Market Conditions
NOI Build-Up for 8,645 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
$215.8K $24.96/SF
− Vacancy
−$10.8K −$1.25/SF
EGI
$205.0K $23.71/SF
− OpEx
−$61.5K −$7.11/SF
NOI
$143.5K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
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%
$2,869,860
Cap Rate 7%
$2,049,900
Cap Rate 9%
$1,594,367
Alternative Uses
Best Use
Retail
$2.05M
$1.79M – $2.39M
NOI $143,493 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M
NOI $212,874 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,003
Businesses Nearby
373k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 76%
Leisure 16%
Shops & Services 7%
Groceries 1%
Dillard's
Apparel
87,480 visits/mo
0.4 miles
Macy's
Apparel
73,385 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
62,624 visits/mo
0.2 miles
JCPenney
Apparel
59,713 visits/mo
0.2 miles
Cinemark North East Mall 18 And Xd
Leisure
59,081 visits/mo
0.3 miles
Demographics for 76053, TX
31,935
Population
12,803
Households
2.5
Avg Household Size
36
Median Age
29%
College-Educated
87%
High-School Grad
8.1 sq mi
ZIP Area
3,943
Density / Sq Mi
$62,402
Median Household Income
$39,147
Median Earnings
$1,322
Median Rent
$254,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail property - Retail property on a corner lot with mixed-use zoning.
Where is this retail property located?
The property is located at 521 West Bedford Euless Road Hurst, TX.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Mixed‑Use (MU) Zoning; Prime Corner Location; Building Size: 8,645 SF
