Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1220 W Hurst Blvd Hurst, TX 76053

    • Investment properties
    • 6,750 SF
    • 0.95 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9469337
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Metro Blueline Printing & Design / Graphic Designer / Blueprint Service
    • The Golf Station / Golf Shop
    • Hurst Group / Civil Law Attorney
    • Aggressive Plumbing Inc / Plumber
    • On Point Solar Power - Texas / Solar Energy Company

    Property Details for 1220 W Hurst Blvd

    Year built
    2014
    Lot size
    0.95 lot acres
    Property size
    6,750 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    13572B-1-2
    APU
    13572B12

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,305,000
      6.5%
      $1,205,000
      7%
      $1,120,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,086,000
      Market price range: $269k - $1.09M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $685,000
      Current use
      RESTAURANT
      $765,000
      Change: +11% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $690,000
      Change: +0% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hurst
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1999
    Latitude
    32.8094
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,113
    $99,665
    $855,335
    $955,000
    -
    $99,665
    $855,335
    $955,000

    Comparable in this City

    • Value Estimation by Request
      0.70 Acres

      100 Fanning Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 0.70 Acres
      100 Fanning Dr, Hurst, TX 76053
      View Details
    • Value Estimation
      $940,000
      5,548 SF

      1410 Precinct Line Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,548 SF
      1410 Precinct Line Rd, Hurst, TX 76053-3812
      View Details
    • Value Estimation by Request
      4,560 SF

      139 Pipeline Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,560 SF
      139 Pipeline Rd, Hurst, TX 76053-5734
      View Details
    • Value Estimation
      $2,270,000
      14,098 SF

      1210 Hurst Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 14,098 SF
      1210 Hurst Blvd, Hurst, TX 76053
      View Details
    • Value Estimation
      $1,020,000
      9,615 SF

      623 Bedford Euless Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 9,615 SF
      623 Bedford Euless Rd, Hurst, TX 76053
      View Details
    • Value Estimation by Request
      5,120 SF

      121 Pipeline Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,120 SF
      121 Pipeline Rd, Hurst, TX 76053-5734
      View Details

    Similar Nearby for Sale

    • $440,000
      0.23 Acres

      Hurst Duplex in HEB Area

      Duplex in HEB area with two units and garages.
      512 Billie Ruth Ln, Hurst, TX 76053
      View Details
    • $3,750,000
      44,440 SF

      Industrial Investment Portfolio Near DFW

      Seven buildings totaling 40,440 SF, 100% leased near DFW.
      3601 Raider Dr, Hurst, TX 76053
      View Details
    • $1,695,000
      8,645 SF

      Retail Building on Corner Lot

      8,645 SF retail building on 0.57-acre corner lot.
      521 W Bedford Euless Rd, Hurst, TX 76053
      View Details
    • Contact for pricing

      Hurst Commercial/Industrial Infill Site

      5.08 acre commercial/industrial site with approved development plans.
      1425 W Hurst Blvd, Hurst, TX 76053
      View Details
    • $1,295,000
      13,111 SF

      Ridgewood Square Office Park

      Hurst, TX Office Investment Opportunity
      1237 Southridge Ct, Hurst, TX 76053
      View Details
    • $99,500
      0.31 Acres

      Land Near DFW Airport

      Centrally located land parcel near DFW Airport and Bell Helicopter.
      212 E Ellen Ave, Hurst, TX 76053
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      38,901 SF

      Spectrum Business Building: Hurst, TX Office Space

      Modern Hurst Office Suites, DFW Area
      235 Loop 820, Hurst, TX 76053
      View Details
    • $9 SF/Yr
      26,100 SF

      Assured Business Park Flex Space

      Hurst, TX Flex Space - 7,200 SF Available
      3601 Bell Dr, Hurst, TX 76053
      View Details
    • Contact for pricing
      1,997 SF

      Retail Space Near Walmart

      Retail space shadowed by Walmart Supercenter with high traffic.
      1858 Precinct Line Rd, Hurst, TX 76053
      View Details
    • Contact for pricing
      2,100 SF

      Move-in Ready Medical Office Space

      2,100 SF move-in ready medical office space for rent.
      800 Northeast Mall Blvd, Hurst, TX 76053
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Available For Lease

      Retail space available for lease in Hurst, Texas.
      1113 W Pipeline Rd, Hurst, TX 76053
      View Details
    • $18 SF/Yr
      4,000 SF

      New Construction Retail with Drive-Thru

      Retail space for lease with drive-thru, new construction.
      000 Shopping Ctr With Drive-Thru, Hurst, TX 76053
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1220 W Hurst Blvd
    Hurst, TX 76053
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.