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    1220 Keller Pkwy Keller, TX 76248-3615
    Property profile & analytics

    1220 Keller Pkwy Keller, TX 76248-3615


    • Medical Office Space
    • 10,389 SF
    • 1.73 lot acres
    Off-Market
    Last Sale Feb 28, 2025
    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.

    Value Estimations
    $920,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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 Office Space
    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
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $865,000
      Current use
      OFFICE BUILDING
      $1,450,000
      Change: +67% Conversion: Easy
      RESTAURANT
      $1,200,000
      Change: +39% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $825,000
      Change: -5% Conversion: Difficult
      RETAIL STORES
      $780,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — 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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