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Property profile & analytics

1220 Keller Pkwy Keller, TX 76248-3615

  • Medical offices
  • 10,389 SF
  • 1.73 lot acres
OFF-MARKET
Last Sale
Feb 28, 2025
Value Estimations
$780,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US83-0971990
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

  • The dog / Community Center

Property Details for 1220 Keller Pkwy

Year built
2015
Lot size
1.73 lot acres
Property size
10,389 SF
Property type
Medical offices
Property subtype
Medical centers
APN
22348-B-10
APU
22348B10

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $760,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,081,000
    Market price range: $622k - $1.08M

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


Location Insight

  • Map
  • Local Demand
City
Keller
County
Tarrant
State
Texas
Longitude
-97.2243
Latitude
32.9337
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
$78,326
$827,508
$3,600,421
$4,427,929
-
$827,508
$3,600,421
$4,427,929
More about this property
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