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Property profile & analytics
OFF-MARKET Estimated value $860,000
Office buildings

851 Grainger St Fort Worth, TX 76104-4645

4,840 SF 0.42 ac lot Built 2007
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3280862
Property summary
AI-generated overview

This exceptional Class A medical office building in Fort Worth, Texas, offers two available suites totaling 5,000 square feet of net rentable space. Located at 851 Grainger Street, 76104, this property enjoys a highly desirable location near major hospitals including Cook Children's, Texas Health Harris, Baylor Scott & White, and John Peter Smith. Its convenient access to major highways I-30, I-35W, and 287 ensures easy commutes for patients and staff. The building features upgraded electrical service suitable for medical imaging equipment, such as MRI scanners, and allows for prominent building signage. Suite 107, measuring 1,658 square feet, is ideal for general medical or office use, offering five offices or exam rooms, a large reception area with a glassed reception desk, multiple restrooms, and a break room. Suite 101, encompassing 3,342 square feet, is a former imaging center equipped with two MRI rooms and additional support facilities, also featuring a spacious reception area with a glassed reception desk, multiple restrooms, and a break room. This property is situated in a thriving mixed-use neighborhood, providing a dynamic and convenient environment for medical practices. The building's amenities and strategic location make it an outstanding opportunity for medical professionals seeking a well-appointed and accessible space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Total area 4,840 SF
Lot 0.42 ac (18,408 SF)
APN 15955-3-9R
UPID US82-3280862
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
  • Andrew T. Thomas, Attorneys at Law Law Firm
  • H Jane Bussey Md Physician
  • Preferred Imaging Medical Clinic
  • Wise Denise K MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$812k
Blend (final) Blend
$860k
Owner & transaction history
Housing Channel · 1 yrs held
Housing Channel
since 2024
4 recorded transactions
2024
Price N/A
2020
Price N/A
2008
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $700,000 +32.6%
Auto repair, garage $610,000 +15.9%
Retail stores $570,000 +7.9%
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