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Property profile & analytics
FOR LEASE
Office buildings

807 Forest Ridge Dr Bedford, TX 76022

15,708 SF 1.54 ac lot Built 1984
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3481476
Property summary
AI-generated overview

This exceptional 3,025 square foot office/flex space, located at 807 Forest Ridge Drive in Bedford, Texas, presents a fantastic opportunity for businesses seeking a newly remodeled, move-in ready workspace. Situated in a single-story, Class C building constructed in 1984, this property offers a blend of traditional office and flexible space, ideal for a variety of business needs. The total building size is 15,708 square feet, with multiple tenants currently occupying the remaining space. The property boasts ample parking, a significant advantage for employees and clients. Its convenient location at the intersection of Forest Ridge Road and Pipeline Road ensures easy access and high visibility. This space is currently vacant and ready for immediate occupancy. A tenant improvement allowance is available to customize the space to perfectly suit your company's specific requirements. The competitive rental rates make this an attractive option for businesses of all sizes seeking a professional and adaptable environment in Tarrant County. The property is classified as Traditional Office, Executive Office, and Flex space, offering versatility for various business models.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 15,708 SF
Lot 1.54 ac (67,082 SF)
APN 21235-2-D
UPID US82-3481476
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
  • Core Consulting Inc. Advertising Agency Marketing & Advertising
  • bedfordcarpetcleaner Home Help
  • Core Consulting Advertising Agency Marketing & Advertising
  • M. Shiraz Khan CPA MS CTC Accounting Firm
  • HDP Construction Services Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
$545k
Blend (final) Blend
$505k
Owner & transaction history
Vilbig Properties Co · 6 yrs held
Vilbig Properties Co
since 2020
2 recorded transactions
2020
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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