Property profile

227 Loop 820 NE Hurst, TX 76053

FOR LEASE
Office buildings
Property ID
US83-3987490
12,600 SF 0.91 ac lot Built 1969
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This single-story, 12,600 square foot office building at 227 NE Loop 820 in Hurst, Texas, offers two available suites ranging from 989 to 1,299 square feet. Built in 1971 and renovated in 2018, the Class C property features a 9-foot ceiling height and ample parking with 128 free spaces. The building sits on 0.91 acres of land and is zoned GBPD, Hurst. Enjoy convenient access to major thoroughfares, including Interstate Highway Loop 820, Highway 183, and Highway 121, providing easy commutes to DFW Airport and Downtown Fort Worth. The property boasts updated amenities including a central HVAC system, a renovated community breakroom, and updated video and electronic security systems. On-site management and maintenance ensure a smooth operation. 24-hour programmable tenant access is available. Janitorial services are provided five days a week. Highway pylon signage is also available. The building is located across from North East Mall. Please note that building hours are Monday-Friday 7 AM to 6 PM, Saturday 7 AM to 2 PM, and Sunday closed. HVAC hours mirror building hours. A church occupies the building on Saturday afternoons and all day Sunday. The listed lease rate includes a proportional share of electricity costs.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Total area 12,600 SF
Lot 0.91 ac (39,444 SF)
APN 11105----2----2R1B20
UPID US83-3987490

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
  • Church
  • Home Health Care Service
  • Advertising Agency Marketing & Advertising
  • City Government Office
  • Trucking Company

Location

227 Loop 820 NE Hurst, TX 76053
Hurst metro Census 113410 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
1969
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
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