Property profile

5000 State Hwy 121 Colleyville, TX 76034

OFF-MARKET
Medical Office Space
Property ID
US83-3819061
6,331 SF 0.81 ac lot Built 1995
Trust Owned 12-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Total area 6,331 SF
Lot 0.81 ac (35,397 SF)
APN 15399F-2-1
UPID US83-3819061

Cap rate & NOI

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

Location

5000 State Hwy 121 Colleyville, TX 76034-5908
Colleyville metro Census 113633 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$648k
Blend (final) Blend
$575k

Owner & transaction history

since 2014
4 recorded transactions
2014
Price N/A
2013
Price N/A
2007
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $730,000 +37.8%
Auto repair, garage $630,000 +19.0%
Retail stores $575,000 +8.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5000 State Hwy 121?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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