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Class A Medical Development
For Sale
$2,310,000

731 Zena Rucker Road #B, Southlake, TX 76092

Medical office space for sale, delivering Spring 2025.

Property Size6,000 SF
Price / SF$385
Days on Market102

Property Features for 731 Zena Rucker Road #B

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial

Building Details

Year Built 2025
Listing Agency: Vision Commercial Real Estate
Listed By: Trenton Price · License #0000
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Aug 1 at 12:15PM

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 Vision Commercial Real Estate

Investment Insights

Based on property information with market context.

This Class A medical development features two buildings with available spaces ranging from 2,900 to 11,400 square feet. The property is intended for medical office space and is strategically located within walking distance of Park Village, Shops of Southlake, and Southlake Town Square. Delivery is scheduled for Spring 2025. The location is directly next to Rockenbaugh Elementary School.

Key Highlights

  • Class A medical development
  • Size availability from 2,900 to 11,400 sf
  • Delivering Spring 2025

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 $184.3k $30.72
− Vacancy −$46.1k −$7.68
EGI $138.2k $23.04
− OpEx −$34.6k −$5.76
NOI $103.7k $17.28
6,000 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,680 @ 7.0% cap · market cap 4.49%
Second Best
Healthcare Medical
$1.47M
$1.29M – $1.71M (±1% cap)
NOI $102,816 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,744 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,525
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76092, TX

31,924
Population
9,886
Households
3.2
Avg Household Size
42
Median Age
75%
College-Educated
99%
High-School Grad
22.7 sq mi
ZIP Area
1,406
Density / Sq Mi
$250,001
Median Household Income
$123,882
Median Earnings
$3,501
Median Rent
$956,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • 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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space for sale, delivering Spring 2025.
Where is this medical office space located?
The property is located at 731 Zena Rucker Road #B Southlake, TX.
What is the asking price?
The asking price for this property is $2,310,000.
What are key features of this property?
This property features: Class A medical development; Size availability from **2,900 to 11,400 sf**; Delivering Spring 2025
More about this property
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