2324 Cheek-Sparger Rd Bedford, TX 76021
This 5,777-square-foot traditional office building in Bedford, Texas, is available for $1,500,000. Located at 2324 Cheek-Sparger Rd, 76021, this vacant property offers significant potential for owner-users or investors. Built in 1997, the building sits on a 0.63-acre lot and features two separate suites, providing flexibility in layout and tenant occupancy. Recent improvements include 702 square feet of finished second-floor space, fresh exterior paint, and a newly added outdoor deck. The property enjoys a prime location on a major thoroughfare (Cheek Sparger Rd., 10,658 vehicles per day) with easy access to State Hwy 121 and DFW Airport. Its proximity to Glade Parks Mall (featuring Target, Walmart, and other national retailers) further enhances its appeal. The surrounding area boasts a high demographic profile, with average household incomes exceeding twice the national average ($140,208 within a one-mile radius) and a projected 10% annual population growth within a three-mile radius over the next five years. The property is being sold as-is. The price per square foot is $259.65.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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