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Property profile & analytics
FOR SALE
Office buildings
2275 Westpark Ct Euless, TX 76040
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4232798
For Sale
1 / 8
Contact for pricing
2275 Westpark Ct, Euless, TX 76040
View Listing →
Property summary
AI-generated overview
This two-story, 17,478 square foot medical office building, built in 1983 and renovated in 2021, offers multiple suites ranging from 1,070 to 4,874 contiguous square feet. Currently, 13,035 square feet are vacant, providing significant opportunities for medical or traditional office tenants. The building boasts a desirable brick facade, a welcoming lobby with a large skylight, an elevator, and ample parking (88 spaces). Strategically located near Hwy 183 and Westpark Way in the Hurst-Euless-Bedford medical district, this property enjoys convenient access to major roadways (Hwy 121) and proximity to Texas Health Methodist HEB and other medical facilities. Specific suite sizes include 1,070, 3,004, 4,874, and a combined 5,003 square feet. The property sits on 1.22 acres and is zoned for commercial use. Monument signage is available. This is a second-generation medical office building with on-site property management.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
17,478 SF
Lot
1.22 ac (53,143 SF)
APN
45920--9-10
UPID
US82-4232798
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
-
Texas Casting Group Film Production Television Studio
-
Loving Care Group LLC Hospital Children's Hospital
-
Dr. Ana Valdez Pediatrician Medical Clinic
-
West Park Dental Care: Snitker Keith D DDS Dental Office
-
Vinings John DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Valroq Realty Group LLC · 8 yrs held
Valroq Realty Group LLC
since 2018
3 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 Euless submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Euless 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,640,000
Current use
RETAIL STORES
$1,560,000
Change: -5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,510,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$1,435,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$59 / 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
$32,539
Tax year 2023
Assessed value
$1,731,020
Assessed 2024
Previous assessed
$1,731,020
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$452,778
Assessed improvement
$1,278,242
Land market value
$452,778
Improvement market value
$1,278,242
Total market value
$1,731,020
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
Status
For Sale
Year built
1983
Heating
NONE
Stories
2
Total area
17,478 SF
Lot
1.22 ac (53,143 SF)
APN
45920--9-10
UPID
US82-4232798
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
2
Lot
1.22 ac
Current owner
From public records · entity-resolved
Valroq Realty Group LLC
Entity
Mailing address
2213 MARTIN DR STE #200, BEDFORD, TX 76021-6246
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2018
—
Valroq Realty Group LLC
Young Moon Light Office LLC
Grant Deed
$1,180,000 · Branch Bk&tr
Apr 1, 2014
—
Young Moon Light Office LLC
Chandra,balu & Nandini
Grant Deed
—
Aug 9, 2013
—
Balu Chandra
Husain Hina Trust
Grant Deed
related
—
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.
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