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    Class A Medical Office Development Title is generated by Realmo AI

    731 Zena Rucker Road, Southlake, TX 76092

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    Claim this Listing
    For Sale
    $4,370,000

    SINGLE_FAMILY - Southlake, TX

    Type:Office
    Property size:
    11,400 SF
    Lot size:
    2.25 Acres
    Price / SF:
    $383/SF
    Added:
    Mar 24, 2026
    Days on Market:
    71
    Last Refresh:
    Jun 2 at 11:06 pm

    Property Features for 731 Zena Rucker Road

    General Information

    Property type
    Residential
    Property subtype
    Office
    Property condition
    Under Construction
    Standard status
    Active
    APN
    41186796
    Lot size
    2.25 Acres

    Taxes and HOA fees

    Tax Description
    PECAN CREEK BLOCK 1 LOT 4
    Tax Annual Amount
    23692

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    2025
    Floors in Building
    1
    Number of units
    1

    We can help!

    Listing Contact
    Trenton Price

    Listing agent Trenton Price License #0652029

    Listing office Vision Commercial Real Estate BEDFORD, TX

    Listing date Mar 24, 2026

    MLS# 20696414

    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

    • Two‑building Class A medical development with 2,900 to 11,400 SF size availability
    • Delivering Spring 2025; year built 2025 with under construction status
    • Directly next to Rockenbaugh Elementary School
    • Walking distance to Park Village, Shops of Southlake, and Southlake Town Square
    • Central heating and central air cooling

    Overview

    This Class A medical development features two buildings with space availability ranging from 2,900 to 11,400 square feet. The project is planned for delivery in Spring 2025, providing an organized medical-focused setting designed for professional healthcare use.

    The development is positioned at 731 Zena Rucker Road in Southlake, directly next to Rockenbaugh Elementary School. It also offers walkable access to Park Village, the Shops of Southlake, and Southlake Town Square, supporting convenient nearby amenities for patients and staff.

    With its dedicated medical-office orientation and a range of available suite sizes, the offering is well suited for practices seeking a modern Class A environment and the ability to right-size their footprint. Buyers and operators can evaluate both buildings for potential occupancy and future growth, benefiting from a coordinated development plan delivered in Spring 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Banfield Pet Hospital — 200 Vlg Ctr Dr, Southlake, TX 76092
    • Animal Healthcare Clinic of Southlake — 1615 E Southlake Blvd, Southlake, TX 76092
    • Smart Pet Hospital & Health — 200 Vlg Ctr Dr, Southlake, TX 76092
    • Kitten to Cat Hospital — 205 Miron Dr, Southlake, TX 76092

    Location Insight

    • Map
    • Local Demand
    City
    Southlake
    County
    Tarrant
    State
    Texas
    Longitude
    -97.140773
    Latitude
    32.938181

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    FAQs

    What type of property is this?
    Medical Office Space - Two-building, Class A medical development delivering Spring 2025 with flexible suite sizes for healthcare users.
    Where is this medical office space located?
    The property is located at 731 Zena Rucker Road Southlake, TX.
    What is the asking price?
    The asking price for this property is $4,370,000.
    What are key features of this property?
    This property features: Two‑building Class A medical development with 2,900 to 11,400 SF size availability; Delivering Spring 2025; year built 2025 with under construction status; Directly next to Rockenbaugh Elementary School
    (817) 803-3287
    We can help!
    Listing Contact
    Trenton Price
    Real Estate License ID: 0652029
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    731 Zena Rucker Road, Southlake, TX 76092
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