Current Use by Public Records
- Law Office of Darla Peevey / Law Firm
- Mrs. Julia Leonard / Counselor / Practitioner Service Location
- Farmers Insurance - Lisa Ducote / Insurance Agency
- Mid Cities Counseling Center, PLLC / Counselor / Family Counselor
Property Details for 805 Fm 1187
- Year built
- 2004
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional 3,500-square-foot medical office building in Crowley, Texas, presents a compelling investment or owner-user opportunity. Located at 805 FM 1187 E, this Class B property enjoys a high-traffic location with 33,000 vehicles passing daily. Built in 2004 and extensively renovated in 2021, the building is in excellent condition and ready for immediate occupancy. The property features two suites: a 1,500-square-foot Suite A and a 2,000-square-foot Suite B, each equipped with multiple offices, kitchens, and bathrooms. Currently at 57% occupancy, this multi-tenant building offers a gross lease structure. The asking price is $1,095,000, translating to $312.86 per square foot. Situated in the rapidly growing community of Crowley, this property offers significant potential for both investors seeking a strong return and businesses needing high-quality medical office space. The property's modern amenities and prime location make it an attractive option for a variety of medical practices or related businesses. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving Texas market. Financing options, such as SBA loans, may be available for owner-occupancy.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crowley
- County
- Tarrant
- State
- Texas
- Longitude
- -97.347
- Latitude
- 32.5696
