924 Loop 820 Hurst, TX 76053-4640
This exceptional 16,938-square-foot freestanding retail building presents a compelling investment opportunity in Hurst, Texas. Situated on a 1.5-acre lot at 924 NE Loop 820, this property boasts excellent visibility from the freeway and convenient access to major thoroughfares. Its location within the primary regional retail node of the Hurst, Euless, Bedford (HEB) area of the DFW region ensures high traffic and strong potential for various retail uses. The building's previous use as a laser tag facility offers a unique layout adaptable to a range of businesses. The surrounding area demonstrates significant population density, with over 102,000 residents within a 3-mile radius, providing a substantial customer base. This property is strategically positioned to capitalize on the robust retail activity in the North East Mall/Hurst Trade Area. The asking price is significantly below replacement cost, making this an attractive investment with considerable upside potential. The property is located in Tarrant County, Texas, with a 76053 zip code. Detailed financial information is available upon request. This is a rare opportunity to acquire a prime retail space in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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