Property profile

1550 Norwood Dr Hurst, TX 76054

FOR LEASE
Office buildings
Property ID
US83-3821181
43,488 SF 4.61 ac lot Built 1985
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This single-story, 44,245 square foot office building in Hurst, Texas, offers a variety of spaces perfect for businesses of all sizes. Built in 1985 and renovated in 2019, the property boasts 183 parking spaces and sits on 4.61 acres of land in Tarrant County. The building features prominent monument signage, ensuring excellent visibility for tenants. Available suites range from 845 to 1,783 square feet, and are move-in ready, designed to streamline the transition for new occupants. The building's location just off Highway 183 provides easy access for employees, clients, and partners. The property is ideal for traditional, executive, medical, or creative office uses, offering a versatile space for a variety of businesses. The modern design creates a professional and comfortable atmosphere, catering to the needs of both tenants and visitors. This is a unique opportunity to establish a strong business presence in a highly visible and convenient location. The property's multiple tenancy structure allows for flexibility and diverse occupancy. The zip code is 76054.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 43,488 SF
Lot 4.61 ac (200,812 SF)
APN 25260-44-A1
UPID US83-3821181

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
  • Consultant Medical Billing Service
  • Home Health Care Service Assisted Living Facility
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center
  • Hearing Aid Store

Location

1550 Norwood Dr Hurst, TX 76054
Hurst metro Census 113613 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.64M

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2017
Price N/A
2017
Price N/A
2008
Price N/A
2007
Price N/A
2003
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message