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Property profile

1903 Central Dr Bedford, TX 76021

FOR LEASE
Office buildings
Property ID
US82-3964955
42,394 SF 3 ac lot Built 1986
Last sale Feb 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A four-story, multi-tenant office building totaling 40,987 square feet, constructed in 1986, located at 1903 Central Dr in Bedford, Texas (Mid-Cities submarket). The building has had renovations that include updated common areas and entry ways with higher-quality finishes, and it features floor plates designed to support flexible tenant configurations. The property is positioned with access to nearby restaurants, parks, transportation, and surrounding mixed-use development, and it is structured to accommodate multiple tenant uses within an office setting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value · 2024$2.02M
Assessed land$1.05M
Assessed improvement$971k
Effective rate1.21%

Value estimate

· Oct 2026
$1.34M
$1.21M – $1.47M
NOI build-up
Gross scheduled income$1.42M
Vacancy & credit loss−$214k
Operating expenses−$484k
NOI · 121,279.47% cap applied$726k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
121,279.47%
$726k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTARRANT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.5
Building Supply37.4
Wholesale Shop36.7

Location

1903 Central Dr Bedford, TX 76021
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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