Building Details

Year built 1972

Floors in Building 1

Number of units 9

Building materials Brick

Listing Agency: Heather S Konopka

Listed By: Heather Konopka · License #0453672 Show Phone

Added: Jul 29 Changed: Oct 2 Last Checked: Oct 29 at 7:06PM

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MLS# 21332349

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Investment Insights

Based on property information with market context.

This strip mall at 800 N Crowley Road in Crowley, Texas, contains 11,365 square feet on a 1.07-acre site. The property was built in 1972 and features brick construction, central heating, and central air conditioning. Public water and public sewer serve the property.

Its retail-oriented configuration and substantial site area provide a commercial setting for evaluating storefront, service, or other retail-focused occupancy, subject to applicable approvals. The property is located in Tarrant County within the 76036 postal area.

Key Highlights

• 11,365‑square‑foot strip mall on a 1.07‑acre site
• Brick construction completed in 1972
• Central heating and central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$188,641

Cap Rate

8.59%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,772,820 $3.8M

Cap Rate 7%

$2,694,871 $2.7M

Cap Rate 9%

$2,096,011 $2.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,365 SF

Gross rent

$283.7K $24.96/SF

− Vacancy

−$14.2K −$1.25/SF

EGI

$269.5K $23.71/SF

− OpEx

−$80.8K −$7.11/SF

NOI

$188.6K $16.60/SF

Area

Tarrant County, TX

Vacancy

5.00%

Lease Rate

$24.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,772,820

Cap Rate 7%

$2,694,871

Cap Rate 9%

$2,096,011

Alternative Uses

Best Use

Retail

$2.69M

$2.36M – $3.14M (±1% cap)

NOI $188,641 @ 7.0% cap · market cap 8.59%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$4.00M

$3.50M – $4.66M (±1% cap)

NOI $279,852 @ 7.0% cap · market cap 12.75%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Jack in the Box Restaurant Athena Bitcoin ATM Crypto Atm Quick Pantry store Grocery & Convenience Store ATM (ATM Link, ... Atm ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Big Box & Wholesale Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

Explore this area Business Placement

Demographics for 76036, TX

31,589

Population

11,807

Households

2.7

Avg Household Size

36

Median Age

30%

College-Educated

92%

High-School Grad

44.1 sq mi

ZIP Area

716

Density / Sq Mi

$94,124

Median Household Income

$48,214

Median Earnings

$1,579

Median Rent

$288,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - Retail property with brick construction, central heating and cooling, and public water and sewer service.

Where is this strip mall located?

The property is located at 800 N Crowley Road Crowley, TX.

What is the asking price?

The asking price for this property is $2,195,000.

What are key features of this property?

This property features: 11,365‑square‑foot strip mall on a 1.07‑acre site; Brick construction completed in 1972; Central heating and central air conditioning