Medical Office
For Sale
$1,185,000
731 Zena Rucker Road D, Southlake, TX 76092
New medical office space next to Rockenbaugh Elementary School and near three Southlake shopping destinations.
Property Size3,000 SF
Price / SF$395
Days on Market87
Property Features for 731 Zena Rucker Road D
General Information
Standard status
Active
Size
3,000 SF
Building Details
Year Built
2025
Listing Agency:
Vision Commercial Real Estate
Listed By:
Trenton Price · License #0652029
(817) 803-3287
Source:
Cityupgroup
Added: Jul 21
Changed: Sep 30
Last Checked: Oct 7 at 3:45PM
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.
This medical office development comprises two buildings with available spaces ranging from 2,900 to 11,400 square feet. The project is identified with a 2025 year built and is scheduled for delivery in Spring 2025.
The property at 731 Zena Rucker Road D is directly next to Rockenbaugh Elementary School. Park Village, Shops of Southlake, and Southlake Town Square are all within walking distance, providing a nearby concentration of shopping and services.
The property at 731 Zena Rucker Road D is directly next to Rockenbaugh Elementary School. Park Village, Shops of Southlake, and Southlake Town Square are all within walking distance, providing a nearby concentration of shopping and services.
Key Highlights
- Two‑building medical office development
- Available suites range from 2,900 to 11,400 square feet
- 2025 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,840
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,800
$1.0M
Cap Rate 7%
$740,571
$740.6K
Cap Rate 9%
$576,000
$576.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$92.2K $30.72/SF
− Vacancy
−$23.0K −$7.68/SF
EGI
$69.1K $23.04/SF
− OpEx
−$17.3K −$5.76/SF
NOI
$51.8K $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%
$1,036,800
Cap Rate 7%
$740,571
Cap Rate 9%
$576,000
Alternative Uses
Best Use
Office B
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 4.37%
Second Best
Healthcare Medical
$734.4K
$642.6K – $856.8K
NOI $51,408 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$1.06M
$923.4K – $1.23M
NOI $73,872 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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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 - New medical office space next to Rockenbaugh Elementary School and near three Southlake shopping destinations.
Where is this medical office space located?
The property is located at 731 Zena Rucker Road D Southlake, TX.
What is the asking price?
The asking price for this property is $1,185,000.
What are key features of this property?
This property features: Two‑building medical office development; Available suites range from 2,900 to 11,400 square feet; 2025 year built
