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Property profile & analytics
FOR LEASE
Office buildings

1550 Norwood Dr Hurst, TX 76054

43,488 SF 4.61 ac lot Built 1985
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3821181
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • TANYR Healthcare Solutions Medical Billing Service Consultant
  • Visiting Angels Home Health Care Service Assisted Living Facility
  • Professional Massage Therapy Alternative Medicine Practice Spa & Massage Center
  • Healing Touch Therapy Alternative Medicine Practice Spa & Massage Center
  • Hearing Aids Hurst Hearing Aid Store
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
Bonita Gardens LLC · 5 yrs held
Bonita Gardens LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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