Freestanding Office
753 Lonesome Dove Trail Hurst, TX 76054
753 Lonesome Dove Trail, Hurst, TX, 76054
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For Sale
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2004-built, free-standing office building with recent exterior and interior updates and O-2 Office District zoning.
Property Size2,069 SF
Price / SF$314.16
Days on Market63
Property Features for 753 Lonesome Dove Trail
General Information
- Standard status
- Active
- Size
- 2,069 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agency
Wingert Real Estate
(903) 624-7797
Listed by
Dan Looney · License #TX 0606062
Source
Crexi
Added: May 20 Updated: Jul 21 at 4:28AM Checked: Jul 21 at 4:28AM
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 Wingert Real Estate
Investment Insights
Based on property information with market context.
This 2,069-square-foot, free-standing office building was built in 2004 and is positioned as an owner-use opportunity. Recent updates include a new roof, new gutters, new windows, fresh interior and exterior paint, and upgraded LED lighting throughout.
The property is located in Hurst in the Mid-Cities area, with quick access to Highway 183 and Highway 121 for travel to Dallas and Fort Worth. The surrounding area features a mix of residential and commercial uses, supporting convenient access to nearby services.
Zoned O-2: Office District, the space is suited to a mix of office, business, and professional services, with the potential for compatibility with planned developments for multi-use configurations.
The property is located in Hurst in the Mid-Cities area, with quick access to Highway 183 and Highway 121 for travel to Dallas and Fort Worth. The surrounding area features a mix of residential and commercial uses, supporting convenient access to nearby services.
Zoned O-2: Office District, the space is suited to a mix of office, business, and professional services, with the potential for compatibility with planned developments for multi-use configurations.
Key Highlights
- 2069 SF free‑standing office building built in 2004
- Recent updates: new roof, new gutters, new windows, fresh interior and exterior paint
- Upgraded LED lighting throughout
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 | $63.6k | $30.72 |
| − Vacancy | −$15.9k | −$7.68 |
| EGI | $47.7k | $23.04 |
| − OpEx | −$11.9k | −$5.76 |
| NOI | $35.8k | $17.28 |
2,069 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$510.7K
$446.9K – $595.9K
NOI $35,752 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$727.8K
$636.8K – $849.1K
NOI $50,947 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Seebeck & Associates
Financial Advisor
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 2004-built, free-standing office building with recent exterior and interior updates and O-2 Office District zoning.
Where is this office building located?
The property is located at 753 Lonesome Dove Trail Hurst, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2069 SF free‑standing office building built in 2004; Recent updates: new roof, new gutters, new windows, fresh interior and exterior paint; Upgraded LED lighting throughout
