Back to Search
Property profile & analytics
FOR LEASE
Office buildings
1600 Airport Fwy Bedford, TX 76022
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1290383
For Lease
1 / 7
$20.50 SF/Yr
1600 Airport Fwy, Bedford, TX 76022
View Listing →
Property summary
AI-generated overview
Forest Ridge, a five-story, 68,749 square foot office building located at 1600 Airport Freeway in Bedford, Texas (zip code 76022), offers a unique blend of traditional and executive office spaces. Built in 1984, this Tarrant County property boasts floor-to-ceiling windows in every suite, providing abundant natural light. The building features a direct digital HVAC system, allowing tenants six-degree control over their individual climate. Multiple tenancy options are available, with spaces ranging from a minimum of 612 square feet to a maximum contiguous space of 2,678 square feet
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Total area
60,895 SF
Lot
2.29 ac (99,883 SF)
APN
6305-1-1A
UPID
US82-1290383
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
-
KBKG - Tax Credits, Incentives, Cost Recovery (DFW Office) Tax Preparation
-
Intertech Design Inc Structural Engineer
-
Campaign Solutions Texas Advertising Agency Marketing & Advertising
-
eTechTronics Electronics Wholesaler
-
Iscential Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
Fr 1600 Bedford LLC · 12 yrs held
Fr 1600 Bedford LLC
since 2013
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$117,528
Tax year 2023
Assessed value
$5,764,853
Assessed 2024
Previous assessed
$5,764,853
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$2,097,921
Assessed improvement
$3,666,932
Land market value
$2,097,921
Improvement market value
$3,666,932
Total market value
$5,764,853
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1984
Heating
NONE
Stories
5
Total area
60,895 SF
Lot
2.29 ac (99,883 SF)
APN
6305-1-1A
UPID
US82-1290383
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
5
Lot
2.29 ac
Current owner
From public records · entity-resolved
Fr 1600 Bedford LLC
Entity
Free & Clear · 12 yrs held
Mailing address
2280 HIGHLAND VLG RD STE #150, HIGHLAND VILLAGE, TX 75077-7184
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2013
—
Fr 1600 Bedford LLC
Gaedeke Holdings II Ltd
Grant Deed
—
—
—
Fr 1600 Bedford LLC
—
Loan Modification
related
$300,000 · Post Rail LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
