Office
For Sale
$379,000
7137 Colleyville Boulevard, Colleyville, TX 76034
Built in 2006, the property supports office use and is available for sale or lease.
Property Size1,150 SF
Price / SF$329.57
Days on Market49
Property Features for 7137 Colleyville Boulevard
General Information
Standard status
Active
Size
1,150 SF
Building Details
Year Built
2006
Listing Agency:
TDRealty
Listed By:
Margarette Belgica · License #0715427
(817) 812-8108
Source:
Yourdavisteam
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 7 at 5:32PM
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
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Investment Insights
Based on property information with market context.
This office building was constructed in 2006 and is identified for office use. The property is located at 7137 Colleyville Boulevard in Colleyville, Texas, within the 76034 ZIP code. It is offered for sale and is also available for lease, providing flexibility for an owner-user or occupant seeking an office property at this address.
Key Highlights
- Office building constructed in 2006
- Located at 7137 Colleyville Boulevard, Colleyville, Texas 76034
- Identified for office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,872
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,440
$397.4K
Cap Rate 7%
$283,886
$283.9K
Cap Rate 9%
$220,800
$220.8K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$35.3K $30.72/SF
− Vacancy
−$8.8K −$7.68/SF
EGI
$26.5K $23.04/SF
− OpEx
−$6.6K −$5.76/SF
NOI
$19.9K $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 Rate 5%
$397,440
Cap Rate 7%
$283,886
Cap Rate 9%
$220,800
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Explore this area
Business Placement
Demographics for 76034, TX
25,988
Population
9,600
Households
2.7
Avg Household Size
48
Median Age
70%
College-Educated
99%
High-School Grad
13.1 sq mi
ZIP Area
1,984
Density / Sq Mi
$203,157
Median Household Income
$92,142
Median Earnings
$3,194
Median Rent
$717,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Built in 2006, the property supports office use and is available for sale or lease.
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 building constructed in 2006; Located at 7137 Colleyville Boulevard, Colleyville, Texas 76034; Identified for office use
