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Property profile & analytics
OFF-MARKET Estimated value $605,000
Medical Office Space

8701 Tarrant Pkwy North Richland Hills, TX 76182-8509

7,310 SF 1.01 ac lot Built 2020
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2260450
Property summary
AI-generated overview

This exceptional Class A medical office building, completed in 2021, offers 8,362 square feet of space for lease in a prime Tarrant County location at 8701 N Tarrant Pkwy. The property features two buildings, each single-story, totaling four suites with a minimum divisible space of 1,600 square feet. Currently, the entire 8,362 square feet is available for lease. The property sits on a 1.61-acre lot and boasts ample parking with 70 spaces. Enjoy excellent visibility and accessibility from the highly trafficked North Tarrant Parkway, featuring a convenient left-turn lane. The building benefits from strong co-tenancy with established businesses including Sparrow Eye Care, NRH Family Dentistry, and Flowers of Life Chiropractic. This thriving retail corridor is anchored by major retailers such as Target, Walmart, Chick-fil-A, Kroger, LA Fitness, CVS, Chase Bank, and Whataburger, ensuring high traffic and visibility. The property is zoned C-1 and has a Tarrant County APN of 3430-5-1R2. Tenant improvement packages are available, subject to lease terms and tenant financials. Phase II construction will commence upon 100% occupancy of Phase I. Additional monument signage opportunities are available to enhance your business's presence. This is an unparalleled opportunity to establish your practice in a vibrant and highly visible location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2020
Total area 7,310 SF
Lot 1.01 ac (43,778 SF)
APN 3430-5-1R2R1
UPID US82-2260450
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$744k
Blend (final) Blend
$605k
Owner & transaction history
Jsn Center LLC · 4 yrs held
Jsn Center LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $840,000 +40.2%
Auto repair, garage $725,000 +21.0%
Office building $660,000 +10.2%
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