Office Building for
7137 Colleyville Boulevard Colleyville, TX 76034
7137 Colleyville Boulevard, Colleyville, TX, 76034
$379,000
For Sale
$379,000
For-sale office property totaling 1,150 square feet at 7137 Colleyville Boulevard.
Property Size1,150 SF
Price / SF$329.57
Days on Market618
Property Features for 7137 Colleyville Boulevard
General Information
- Standard status
- Active
- Size
- 1,150 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agency
TDRealty
(817) 812-8108
Listed by
Margarette Belgica · License #0715427
(817) 812-8108
Source
Xome
Added: Nov 11, 2024 Updated: Jul 20 at 8:21PM Checked: Jul 22 at 3:53AM
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 TDRealty
Investment Insights
Based on property information with market context.
This for-sale office building offers 1,150 square feet of space, presented for office use. The property is described as having strong visibility and a desirable location within Colleyville.
The asset is located at 7137 Colleyville Boulevard in Colleyville, Texas. Additional details regarding interior layout and condition were not provided in the available information, so buyers and brokers should confirm specifics during due diligence.
The asset is located at 7137 Colleyville Boulevard in Colleyville, Texas. Additional details regarding interior layout and condition were not provided in the available information, so buyers and brokers should confirm specifics during due diligence.
Key Highlights
- Office property for sale at 7137 Colleyville Blvd, Colleyville, TX
- Total size: 1,150 SF
- Year built: 2006
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 | $35.3k | $30.72 |
| − Vacancy | −$8.8k | −$7.68 |
| EGI | $26.5k | $23.04 |
| − OpEx | −$6.6k | −$5.76 |
| NOI | $19.9k | $17.28 |
1,150 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$283.9K
$248.4K – $331.2K
NOI $19,872 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$404.5K
$354.0K – $472.0K
NOI $28,318 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Elle Visage Spa
Spa & Massage Center
Dr Probst
Physician
Confidential Care Professional ...
Occupational Therapist
Christi Young Counseling
Counselor
The Marriage Restoration Project: ...
Marriage Or Relationship Counselor
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For-sale office property totaling 1,150 square feet at 7137 Colleyville Boulevard.
Where is this office building located?
The property is located at 7137 Colleyville Boulevard Colleyville, TX.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Office property for sale at 7137 Colleyville Blvd, Colleyville, TX; Total size: 1,150 SF; Year built: 2006
