1220 Keller Pkwy, Keller, TX 76248-3615
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.
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The dog Community Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.