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Class A Medical Development

731 Zena Rucker Road Southlake, TX 76092

731 Zena Rucker Road, Southlake, TX, 76092
$2,310,000
For Sale
$2,310,000

SINGLE_FAMILY - Southlake, TX

Property Size6,000 SF
Lot Size2.25 Acres
Price / SF$385
Days on Market117

Property Features for 731 Zena Rucker Road

General Information

Property type
Residential
Property subtype
Office
Property condition
Under Construction
Standard status
Active
APN
41186796
Size
6,000 SF
Lot size
2.25 Acres

Taxes and HOA fees

Tax Description
PECAN CREEK BLOCK 1 LOT 4
Tax Annual Amount
23692

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric

Building Details

Year built
2025
Floors in Building
1
Number of units
1
Listing Agency Vision Commercial Real Estate
BEDFORD, TX
Listed by Trenton Price · License #0652029
Added: Mar 24 Checked: Jul 18 at 1:06 am
MLS# 20696453

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 731 Zena Rucker Road in Southlake, Texas, this Class A medical development features two buildings with size availability from 2,900 to 11,400 square feet. The project is scheduled for delivery in Spring 2025.

The site is directly next to Rockenbaugh Elementary School. It is also described as within walking distance to Park Village, the Shops of Southlake, and Southlake Town Square.

Set on approximately 2.252 acres, the property offers multiple suite-size options for medical office users seeking a new, professionally developed environment.

Key Highlights

  • Class A medical development with two buildings offering 2,900 to 11,400 SF of available space
  • Under construction with expected delivery in Spring 2025
  • 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 $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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

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.

Similar Off Market Nearby

  • Banfield Pet Hospital — 200 Vlg Ctr 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
  • Kitten to Cat Hospital — 205 Miron Dr, Southlake, TX 76092

FAQs

What type of property is this?
Medical Office Space - Two-building medical development delivering Spring 2025 with suites ranging from 2,900 to 11,400 sf.
Where is this medical office space located?
The property is located at 731 Zena Rucker Road 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 with two buildings offering 2,900 to 11,400 SF of available space; Under construction with expected delivery in Spring 2025; Located directly next to Rockenbaugh Elementary School
Contact an agent
More about this property
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