Medical Office
For Sale
$2,310,000
731 Zena Rucker Road Unit B B, Southlake, TX 76092
Scheduled medical office development near retail destinations and an elementary school.
Property Size6,000 SF
Price / SF$385
Days on Market52
Property Features for 731 Zena Rucker Road Unit B B
General Information
Standard status
Active
Size
6,000 SF
Class
Class A
Building Details
Buildings
2
Listing Agency:
Vision Commercial Real Estate
(817) 803-3287
Listed By:
Trenton Price · License #0652029
(972) 835-9341
Source:
Dallashighrisecondo
Added: Sep 11
Changed: Oct 25
Last Checked: Nov 1 at 5:14AM
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
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Investment Insights
Based on property information with market context.
Medical office space is planned within a two-building development, with availability ranging from 2,900 to 11,400 sf. The property size is 6000, and delivery is scheduled for Spring 2025.
Located at 731 Zena Rucker Road Unit B, the development is directly next to Rockenbaugh Elementary School. Park Village, Shops of Southlake, and Southlake Town Square are within walking distance, providing nearby retail destinations for the project.
Located at 731 Zena Rucker Road Unit B, the development is directly next to Rockenbaugh Elementary School. Park Village, Shops of Southlake, and Southlake Town Square are within walking distance, providing nearby retail destinations for the project.
Key Highlights
- Two‑building medical office development
- Availability from 2,900 to 11,400 sf
- Property size: 6000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,680
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,073,600
$2.1M
Cap Rate 7%
$1,481,143
$1.5M
Cap Rate 9%
$1,152,000
$1.2M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$184.3K $30.72/SF
− Vacancy
−$46.1K −$7.68/SF
EGI
$138.2K $23.04/SF
− OpEx
−$34.6K −$5.76/SF
NOI
$103.7K $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%
$2,073,600
Cap Rate 7%
$1,481,143
Cap Rate 9%
$1,152,000
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,680 @ 7.0% cap · market cap 4.49%
Second Best
Healthcare Medical
$1.47M
$1.29M – $1.71M
NOI $102,816 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,744 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
Balanced
Demand for This Use
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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
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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 - Scheduled medical office development near retail destinations and an elementary school.
Where is this medical office space located?
The property is located at 731 Zena Rucker Road Unit B 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: Two‑building medical office development; Availability from 2,900 to 11,400 sf; Property size: 6000
