Property profile

1501 Keller Pkwy Keller, TX 76248

OFF-MARKET
Grocery and convenience stores
Property ID
US83-0216864
15,000 SF 1.47 ac lot Built 2017
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Keller Marketplace, located at 1501 Keller Pkwy, Keller, TX 76248, presents a unique opportunity for retail businesses seeking a prominent presence in a thriving community. This 14,106 square foot strip center is situated at the northwest corner of FM 1709 and Keller-Smithfield Road, offering exceptional visibility and accessibility at a four-way lighted intersection with median breaks and controlled turn lanes. The property boasts a highly desirable location in the heart of Keller, situated on the city's main thoroughfare, FM 1709. Surrounded by affluent, family-oriented neighborhoods, it enjoys close proximity to Keller Town Hall and Keller High School, ensuring a consistent flow of potential customers. Currently, there are multiple spaces available, ranging in size from 1 square foot to a substantial 11,625 square feet, providing flexibility for various retail concepts. The property's classification as both Retail and Land within Tarrant County offers significant potential for expansion or redevelopment. This prime retail space in a high-traffic area presents an exceptional investment opportunity for businesses looking to establish or expand their presence in the vibrant Keller market. The property's strategic location and ample space make it an ideal choice for a variety of retail uses. The significant amount of vacant space (11,625 sq ft) offers a unique chance to customize the space to meet specific business needs.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2017
Total area 15,000 SF
Lot 1.47 ac (64,077 SF)
APN 16317-A-1
UPID US83-0216864

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop

Location

1501 Keller Pkwy Keller, TX 76248-3622
Keller metro Census 113952 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$810k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Medical building $1.3M +10.6%
Auto repair, garage $1.2M +5.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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