Two-Building Medical Office
For Sale
$640,000
731 Zena Rucker Road #E, Southlake, TX 76092
The project is beside an elementary school and within walking distance of Southlake retail destinations.
Property Size1,600 SF
Price / SF$400
Days on Market11
Property Features for 731 Zena Rucker Road #E
General Information
Standard status
Active
Size
1,600 SF
Class
Class A
Property subtype
Commercial
Zoning
Commercial
Additional Details
Property Use
Medical Office
Building Details
Building Size
1,600 SF
Year Built
2025
Buildings
2
Stories
1
Units
1
Listing Agency:
Vision Commercial Real Estate
(817) 803-3287
Listed By:
Trenton Price · License #0652029
(972) 835-9341
Source:
Cogburnrealestate
Added: Oct 22
Changed: Oct 29
Last Checked: Oct 29 at 9:27PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office development consists of two buildings, with available spaces ranging from 2,900 to 11,400 square feet. The property is commercially zoned, and delivery was scheduled for spring 2025.
Rockenbaugh Elementary School is directly next to the site. Park Village, Shops of Southlake, and Southlake Town Square are all within walking distance.
Rockenbaugh Elementary School is directly next to the site. Park Village, Shops of Southlake, and Southlake Town Square are all within walking distance.
Key Highlights
- Two medical office buildings with spaces from 2,900 to 11,400 square feet
- Commercial zoning
- Directly next to Rockenbaugh Elementary School
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,648
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,960
$553.0K
Cap Rate 7%
$394,971
$395.0K
Cap Rate 9%
$307,200
$307.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$49.2K $30.72/SF
− Vacancy
−$12.3K −$7.68/SF
EGI
$36.9K $23.04/SF
− OpEx
−$9.2K −$5.76/SF
NOI
$27.6K $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%
$552,960
Cap Rate 7%
$394,971
Cap Rate 9%
$307,200
Alternative Uses
Best Use
Office B
$395.0K
$345.6K – $460.8K
NOI $27,648 @ 7.0% cap · market cap 4.32%
Second Best
Healthcare Medical
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$562.8K
$492.5K – $656.6K
NOI $39,398 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Similar Off Market Nearby
- Kitten to Cat Hospital — 205 Miron 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
Frequently Asked Questions
What type of property is this?
Medical Office Space - The project is beside an elementary school and within walking distance of Southlake retail destinations.
Where is this medical office space located?
The property is located at 731 Zena Rucker Road #E Southlake, TX.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two medical office buildings with spaces from 2,900 to 11,400 square feet; Commercial zoning; Directly next to Rockenbaugh Elementary School
