Property profile

455 West Harwood Rd Hurst, TX 76054

FOR SALE
Strip malls
Property ID
US82-2839018
46,503 SF 4.16 ac lot Built 1985
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Village Plaza, located at 455 West Harwood Road in Hurst, Texas (zip code 76054), presents a compelling investment opportunity in a thriving Tarrant County market. This 43,138 square foot retail strip center, built in 1985, offers a mix of street retail, medical, and other commercial spaces. The property boasts excellent curb appeal and high traffic visibility, making it an ideal location for a variety of businesses. Currently, there are multiple spaces available, ranging in size from a minimum of 1,500 square feet to a maximum contiguous space of 2,544 square feet. A total of 11,454 square feet is currently vacant, offering significant potential for new tenants. The property sits on a 4 square foot lot and is categorized as a multi-tenant building. Its mixed-use nature allows for flexibility in tenant selection, catering to a diverse range of commercial needs. The location in the heart of Hurst provides easy access to a substantial customer base and benefits from the area's strong economic activity. This property is an excellent choice for investors seeking a well-located, established retail center with significant upside potential. The property's convenient location and attractive features make it a highly desirable investment opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 46,503 SF
Lot 4.16 ac (181,079 SF)
APN 25260-50-AR1
UPID US82-2839018

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

455 West Harwood Rd Hurst, TX 76054
Hurst metro Census 113613 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
1969
Price N/A
1969
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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