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Class A Medical Development

731 Zena Rucker Road #A Southlake, TX 76092

New
731 Zena Rucker Road #A, Southlake, TX, 76092
$4,370,000
For Sale
$4,370,000

Class A medical development offering two buildings with suites sized from 2,900 to 11,400 sf, delivering Spring 2025.

Property Size11,500 SF
Price / SF$380
Days on Market2

Property Features for 731 Zena Rucker Road #A

General Information

Standard status
Active
Size
11,500 SF
Property subtype
Commercial

Building Details

Year Built
2025
Listing agency Vision Commercial Real Estate
Listed by Trenton Price · License #0000
Source Fullhouserealtytx
Added: Jul 21 Updated: Jul 22 at 5:10PM Checked: Jul 22 at 5:10PM

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.

Class A medical development comprising two buildings with suite size availability from 2,900 to 11,400 square feet. The project is planned for delivery in Spring 2025.

The development is located directly next to Rockenbaugh Elementary School, with shopping and community amenities within walking distance, including Park Village, Shops of Southlake, and Southlake Town Square.

Suites in this two-building configuration provide flexible options for medical users seeking a new Class A environment with defined space ranges.

Key Highlights

  • Class A medical development with two buildings offering suites from 2,900 to 11,400 SF
  • Delivering Spring 2025
  • Property is located directly next to Rockenbaugh Elementary School

Local 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 $353.3k $30.72
− Vacancy −$88.3k −$7.68
EGI $265.0k $23.04
− OpEx −$66.2k −$5.76
NOI $198.7k $17.28
11,500 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.84M
$2.48M – $3.31M (±1% cap)
NOI $198,720 @ 7.0% cap · market cap 4.55%
Second Best
Healthcare Medical
$2.82M
$2.46M – $3.28M (±1% cap)
NOI $197,064 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$4.05M
$3.54M – $4.72M (±1% cap)
NOI $283,176 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Medical centers

Suggested Use

Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Garden Center Hotel & Motel (Bike/Boat/Book/etc) Store Food Market Barber Shop

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

FAQs

What type of property is this?
Medical center - Class A medical development offering two buildings with suites sized from 2,900 to 11,400 sf, delivering Spring 2025.
Where is this medical center located?
The property is located at 731 Zena Rucker Road #A 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: Class A medical development with two buildings offering suites from 2,900 to 11,400 SF; Delivering Spring 2025; Property is located directly next to Rockenbaugh Elementary School
Contact an agent
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