Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2016 Bedford Rd Bedford, TX 76021
    Back to Search
    Property profile & analytics

    2016 Bedford Rd, Bedford, TX 76021

    View on Map
    • Retail space
    • 1,819 SF
    • 0.22 lot acres
    For Lease
    $1,250/Mo
    View Listing →
    Detached Standalone Office Building For Lease
    $1,250/Mo

    Detached Standalone Office Building

    Detached, private-office style space offered for lease, suited to professional and personal services.

    2016 Bedford Road, Bedford, TX 76021
    View Listing
    Property ID
    US82-0469665
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 2016 Bedford Rd

    Year built
    1950
    Lot size
    0.22 lot acres
    Property type
    Retail space
    APN
    A1735-2E
    APU
    A17352E

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 9, 2024 — Chateaugiron LLC James W Sinor Warranty Deed —
    Aug 3, 2018 — James W Sinor Rivera,albert & Palma Warranty Deed —
    Jun 23, 2005 — Albert Rivera Welch,james Warranty Deed $168k · Interbay Funding LLC
    Apr 23, 2001 — James Welch Doggett,gordon & Sabra Grant Deed $116k · Landmark Bank
    — — James Welch — Deed Of Trust · related $115k · Woodhaven National Bank
    — — James Welch — Deed Of Trust · related $44k · Ron J Casey
    — — James Welch — Deed Of Trust · related $148k · Ridglea Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1357
    Latitude
    32.8445
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,538
    $71,872
    $207,690
    $279,562
    -
    $71,872
    $207,690
    $279,562

    Comparable in this City

    • Value Estimation by Request
      2,640 SF

      328 Harwood Rd

      RETAIL STORES (PERSONAL SERVICES)
      328 Harwood Rd, Bedford, TX 76021-4148
      View Details
    • Value Estimation by Request
      10,000 SF

      2907 Hwy 121

      RETAIL STORES (PERSONAL SERVICES)
      2907 Hwy 121, Bedford, TX 76021-3900
      View Details
    • Value Estimation
      $785,000
      25,436 SF

      2601 Airport Fwy

      RETAIL STORES (PERSONAL SERVICES)
      2601 Airport Fwy, Bedford, TX 76021-7926
      View Details
    • Value Estimation by Request
      6,840 SF

      2816 Central Dr

      RETAIL STORES (PERSONAL SERVICES)
      2816 Central Dr, Bedford, TX 76021-6829
      View Details
    • Value Estimation
      $775,000
      29,100 SF

      512 Harwood Rd

      RETAIL STORES (PERSONAL SERVICES)
      512 Harwood Rd, Bedford, TX 76021-4110
      View Details
    • Value Estimation by Request
      2,126 SF

      2824 Brown Trl

      RETAIL STORES (PERSONAL SERVICES)
      2824 Brown Trl, Bedford, TX 76021-4106
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,000 SF

      Retail Property with Highway Frontage

      Retail space with secure storage and highway frontage.
      1805 Reliance Pkwy, Bedford, TX 76021
      View Details
    • New
      $800,000
      0.37 Acres

      Freestanding Retail Building

      Free-standing retail building on a major throughfare in Bedford, TX, offered for sale.
      2824 Brown Trl, Bedford, TX 76021
      View Details
    • Contact for pricing
      2,800 SF

      Renovated Retail Space on Bedford

      2,800 SF renovated retail space with monument signage.
      2028 Bedford Rd, Bedford, TX 76021
      View Details
    • Contact for pricing
      2,350 SF

      Stand-Alone Building in Mid-Cities Region

      Stand-alone building in a prime location with high traffic.
      2606 Harwood Rd, Bedford, TX 76021
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,265 SF

      Retail Space in Bedford Center

      Retail space with high visibility and ample parking.
      3225 Harwood Rd, Bedford, TX 76021
      View Details
    • Contact for pricing
      1,868 SF

      Retail Space with Ample Parking

      Retail space for rent with easy access and parking.
      605-735 Harwood Rd, Bedford, TX 76021
      View Details
    • Contact for pricing
      26,922 SF

      Retail Space in Hurst, Texas

      Retail space available in a great location with easy access.
      209 Harwood Rd, Hurst, TX 76021
      View Details
    • Contact for pricing
      1,180 SF

      Retail Space with High Visibility

      Prime retail location suitable for various commercial uses.
      2901 Martin Dr, Bedford, TX 76021
      View Details
    • Contact for pricing
      1,170 SF

      Retail Space in Walmart Anchored Center

      Retail space available in Walmart-anchored shopping center near DFW.
      2248 Central Ave, Bedford, TX 76021
      View Details
    • Contact for pricing
      1,650 SF

      Retail Space Near Trinity High

      Retail space for lease near Euless Trinity High School.
      235 N Industrial Blvd, Bedford, TX 76021
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2016 Bedford Rd
    Bedford, TX 76021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2016 Bedford Rd, Bedford, TX, 76021
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!