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Property profile & analytics
OFF-MARKET
Office Spaces

2324 Cheek-Sparger Rd Bedford, TX 76021

5,777 SF 0.63 ac lot Built 1997
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1997
Total area 5,777 SF
Lot 0.63 ac (27,443 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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