Office Building with 100%
For Sale
Contact for pricing
820 SW Wilshire Blvd, Burleson, TX 76028
17,800 SF office building built in 1960 and zoned GR, with single-unit space and 100% occupancy.
Property Size17,800 SF
Price / SF$278.09
Days on Market12
Property Features for 820 SW Wilshire Blvd
General Information
Standard status
Active
Size
17,800 SF
Property subtype
Office
Zoning
GR
Occupancy
100%
Additional Details
Cap Rate
7.55%
Office Units
1
Building Details
Year Built
1960
Buildings
1
Building Size
17,800 SF
Tenancy
Single
Listing Agency:
Orr & Associates
(817) 295-5291
Listed By:
Michael Langford · License #TX 0574473
Source:
Crexi
Added: Jul 22
Changed: Jul 29
Last Checked: Aug 1 at 4:44PM
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 Orr & Associates
Investment Insights
Based on property information with market context.
This office building offers a total building size of 17,800 SF and is built for straightforward occupancy, with 100% occupancy reported for the single unit. The property was built in 1960 and is zoned GR.
Located at 820 SW Wilshire Blvd in Burleson, TX 76028, the building is positioned for investors evaluating office assets in the area. Available investment metrics cited include a 7.55% cap rate in year one, with the remark that removing value of additional land results in an 8.25% to 8.5% cap rate.
Located at 820 SW Wilshire Blvd in Burleson, TX 76028, the building is positioned for investors evaluating office assets in the area. Available investment metrics cited include a 7.55% cap rate in year one, with the remark that removing value of additional land results in an 8.25% to 8.5% cap rate.
Key Highlights
- 17,800 SF office building
- 100% occupancy reported for the single unit
- Zoned GR
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 | $546.8k | $30.72 |
| − Vacancy | −$149.8k | −$8.42 |
| EGI | $397.0k | $22.30 |
| − OpEx | −$99.2k | −$5.58 |
| NOI | $297.7k | $16.73 |
17,800 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.25M
$3.72M – $4.96M
NOI $297,741 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$213.36M
$186.69M – $248.92M
NOI $14,935,366 @ 7.0% cap · market cap 301.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 76028, TX
74,023
Population
27,928
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
77.5 sq mi
ZIP Area
955
Density / Sq Mi
$100,125
Median Household Income
$53,464
Median Earnings
$1,691
Median Rent
$294,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 17,800 SF office building built in 1960 and zoned GR, with single-unit space and 100% occupancy.
Where is this office building located?
The property is located at 820 SW Wilshire Blvd Burleson, TX.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 17,800 SF office building; 100% occupancy reported for the single unit; Zoned GR
