Property profile

924 Loop 820 NE Hurst, TX 76053

FOR SALE
Retail space
Property ID
US82-7077660
17,545 SF 1.42 ac lot Built 1999
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 17,545 SF
924 Loop 820 NE, Hurst, TX 76053
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Total area 17,545 SF
Lot 1.42 ac (61,986 SF)
APN 20905-1R-8
UPID US82-7077660

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

924 Loop 820 NE Hurst, TX 76053
Hurst metro Census 113403 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$913k
Blend (final) Blend
$710k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2013
Price N/A
2004
Price N/A
2002
Price N/A
2000
$1.9M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.0M +6.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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