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Property profile & analytics
FOR LEASE
Strip malls

721 Keller Pkwy Keller, TX 76248

27,113 SF 3.11 ac lot Built 2004
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US83-3956889
Property summary
AI-generated overview

This exceptional retail property, located at 721 Keller Pkwy, Keller, TX 76248, offers 27,277 square feet of versatile space within a single-story building. Eleven suites are available, with a minimum divisible space of 1,913 square feet and a maximum contiguous space of 5,625 square feet. Currently, 4,944 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The property boasts 100 total parking spaces, a dedicated turn lane, a pylon sign, and benefits from a signalized intersection. Located on Keller Parkway, this site enjoys high visibility with an estimated 41,249 cars passing daily. The property is zoned SUP and serviced by Tri County Power. Property taxes are $3.80 per square foot. Keller is a thriving suburban community known for its excellent schools and robust job market, making this an ideal location for a variety of retail businesses. The cross street is Bourland. This is a rare opportunity to secure a prominent retail presence in a rapidly growing area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 27,113 SF
Lot 3.11 ac (135,559 SF)
APN 40454G-B-7R
UPID US83-3956889
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
  • Sole Relax Foot SPA Spa & Massage Center
  • Damond Blueitt, MD Physician
  • Texas health Physician
  • Funky Baja Restaurant
  • Dean Papaliodis MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$915k
Owner & transaction history
Evergreen Fern Ltd · 5 yrs held
Evergreen Fern Ltd
since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A
2021
Price N/A
2013
Price N/A
2012
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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