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Property profile & analytics
OFF-MARKET Estimated value $800,000
Medical Office Space

300 Nolen Dr Southlake, TX 76092-8056

11,992 SF 2 ac lot Built 2013
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-8176691
Property summary
AI-generated overview

This exceptional, single-story, 11,992 square foot Class-A office building in Southlake, Texas offers multiple tenancy options. Built in 2014, the property sits on 1.96 acres of land in Tarrant County and features a mix of medical, traditional, and executive office suites. Two spaces are currently available, ranging from 1,382 to 6,109 contiguous square feet, with a total of 4,727 square feet currently vacant. The building boasts modern aesthetics and is equipped with state-of-the-art amenities, including medical gas plumbing, making it ideal for healthcare providers or surgical practices. Its prime location on S. Nolen Drive in Southlake provides unparalleled visibility, with over 16,000 vehicles passing daily, and is conveniently situated near major retailers such as Lowe's, Costco, and HomeGoods. This property is designed to serve Southlake's thriving and affluent community, offering a turnkey solution for businesses seeking a prestigious and efficient workspace. The property's zip code is 76092.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2013
Total area 11,992 SF
Lot 2 ac (87,120 SF)
APN 28219-1-1
UPID US82-8176691
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$984k
Blend (final) Blend
$800k
Owner & transaction history
Hl Investments LLC · 5 yrs held
Hl Investments LLC
since 2021
7 recorded transactions
2021
Price N/A
2020
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.2M +40.6%
Restaurant $1.2M +36.9%
Retail stores $1.0M +21.6%
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