615 Harwood Rd Hurst, TX 76054-3106
This exceptional 4,535 square foot office building, situated on a 0.42-acre lot at 615 W Harwood in Hurst, TX, presents a compelling investment opportunity. Built in 1982 and strategically located for high visibility with monument signage, the property boasts significant recent upgrades. These improvements encompass a complete HVAC system replacement, a new roof, renovated restrooms and a modern kitchen/breakroom. Interior enhancements include updated flooring, fresh paint, new hardware, and a dedicated IT server room. Exterior improvements include landscaping enhancements, new gutters, and the installation of French drains. The building currently houses a dental practice occupying approximately 1,500 square feet under a multi-year lease, generating consistent rental income. The remaining general office space features a spacious waiting area and ten individual offices, readily available for lease individually or as a combined unit. The main entrance offers a shared common area with renovated restrooms and a digital display board for tenant advertising. Both the dental and general office sections have separate entrances for convenience. Ample parking is provided with 29 spaces. The property's low-maintenance landscaping, featuring mature trees, contributes to its attractive curb appeal. At the time of listing, the property exhibits a 6% capitalization rate, showcasing its strong financial performance. This turnkey investment offers a blend of immediate income and significant potential for future growth.
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WRKSPC Real Estate Agency
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Little Lilacs Birth Services Alternative Medicine Practice Medical Clinic
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Foray Travel Travel Agency
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Monarch Roofing and Construction General Contractor
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Structured Renovations Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.