8500 Precinct Line Rd Colleyville, TX 76034

Property Details for 8500 Precinct Line Rd

Year built

2016

Lot size

0.51 lot acres

Property size

4,592 SF

Property type

Office buildings

APN

13500-2-18R

APU

13500218R

Description

This exceptional 4,592 square foot medical office building, constructed in 2016, presents a remarkable investment opportunity in the thriving Colleyville, Texas market. Located at 8500 Precinct Line Rd, in Tarrant County, zip code 76034, this vacant property boasts a prime location with high visibility and accessibility. The building features two separate suites, approximately 3,350 square feet and 1,242 square feet, each with its own entrance, offering flexibility for various medical practices or potential lease-up strategies. Situated on a 0.513-acre lot, the building benefits from its frontage on Precinct Line Road (23,380 vehicles per day) and proximity to N Tarrant Parkway (25,918 vehicles per day), ensuring significant traffic exposure. The surrounding area demonstrates exceptional demographics, with an average household income exceeding $196,931 within a one-mile radius—more than double the national average. Furthermore, the property enjoys a strategic location directly across from Davis Towne Crossing, a major retail center anchored by national brands such as Walmart, Target, Kroger, Aldi, Walgreens, and Wells Fargo, providing significant convenience and foot traffic. The asking price for this property is $1,350,000. This presents a compelling opportunity for owner-occupiers or investors seeking a high-return investment in a rapidly growing area.

Location Insight

City

Colleyville

County

Tarrant

State

Texas

Longitude

-97.1863

Latitude

32.9071

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments