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Property profile & analytics
OFF-MARKET Estimated value $920,000
Medical Office Space

1220 Keller Pkwy Keller, TX 76248-3615

10,389 SF 1.73 ac lot Built 2015
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US83-0971990
Property summary
AI-generated overview

This 10,260-square-foot medical office building in Keller, Texas (76248), located at 1220 Keller Parkway, presents a unique investment opportunity. Originally constructed in 2015 as a stand-alone emergency room, the property was later acquired for conversion into an ambulatory surgery center (ASC). The build-out is approximately 85% complete, with materials on-site. The space features three operating rooms (each over 440 square feet), six pre-op and six PACU stations, a sterile processing and clean workroom, a nurse's station, check-in/lobby, locker rooms, a manager's office, ample storage, and a lab area. A backup generator is also in place. The unfinished aspects primarily involve completing the interior to meet ASC shell condition standards, including installation of medical gas lines, vacuum pump, sinks, cabinets, a nurse's station, and OR trusses. This allows a new owner to potentially save significant time and costs compared to new construction, potentially achieving operational status two years sooner. The property is currently vacant and offers a chance to acquire a high-quality facility in a prime location within Tarrant County. The building's existing infrastructure and nearly completed build-out provide a solid foundation for a swift and efficient completion.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2015
Total area 10,389 SF
Lot 1.73 ac (75,228 SF)
APN 22348-B-10
UPID US83-0971990
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
Current use
Occupant on record · Public records
  • The dog Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$920k
Owner & transaction history
Pod Asc Partners LLC · 1 yrs held
Pod Asc Partners LLC
since 2025
7 recorded transactions
2025
Price N/A
2022
Price N/A
2022
Price N/A
2022
Price N/A
2022
Price N/A
2022
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.5M +67.3%
Restaurant $1.2M +39.0%
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