Property profile

1005 Glade Rd Colleyville, TX 76034

FOR LEASE
Office buildings
Property ID
US82-0111226
5,891 SF 0.29 ac lot Built 1999
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office suite, totaling approximately 104 square feet, is situated within a larger one-story, Class B office building at 1005 Glade Road, Colleyville, TX 76034. Built in 1999, the building offers a total of 6,071 square feet across a single building. The suite is part of a multi-tenant building and is ideally suited for a small business or entrepreneur. The property boasts a convenient location near the intersection of Colleyville Blvd and Glade Road, providing easy access to a variety of amenities. Nearby establishments include Whole Foods, Black Walnut Cafe, and Lifetime Fitness, offering employees and clients a wealth of dining and lifestyle options. The suite itself includes high-speed wireless internet access and shared conference room facilities, enhancing productivity and collaboration. While only 104 square feet of space is currently vacant, the building offers a range of office configurations to accommodate various business needs. This is a rare opportunity to secure a well-located, functional office space in a thriving Colleyville community. The property is easily accessible and offers a professional environment for businesses of all sizes.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 5,891 SF
Lot 0.29 ac (12,846 SF)
APN 44711-1-2
UPID US82-0111226

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Real Estate Agency
  • Corporate Office Financial Advisor
  • Oil & Natural Gas Company
  • Construction Company General Contractor

Location

1005 Glade Rd Colleyville, TX 76034
Colleyville metro Census 113622 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$964k
Blend (final) Blend
$990k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2005
Price N/A
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +17.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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