701 Rendon Crowley RdBurleson, TX 76028

Property Details for 701 Rendon Crowley Rd

Year built

2005

Lot size

4.90 AC

Property size (Sq ft)

24,910 SF

Property type

Office buildings

APN

37785B-1-1

APU

37785B11

Description

This exceptional 24,000 square foot Class B medical office building in Burleson, Texas, presents a unique investment opportunity. Situated on a 4.9-acre lot at 701 E Rendon Crowley Rd (near E Rendon Crowley Rd. & 35 West), this two-story building offers flexible space options ranging from 6,000 to 12,000 contiguous square feet, with the entire 24,000 square feet currently vacant. The building boasts a 14-inch ceiling height and features a convenient single elevator. Ample parking is provided with 89 spaces, including 4 covered garage spaces. The property benefits from a highly visible location within Burleson's medical district, just one mile from Texas Health Huguley Hospital and 1.2 miles from Baylor Scott & White Emergency Hospital. The first floor currently includes an ambulatory surgery center (ASC) layout, and each floor offers 12,000 square foot floor plates. The building is equipped with 3-phase power. This is an ideal location for medical practices seeking high visibility and convenient access to major healthcare facilities. The property's size and layout offer significant potential for customization and expansion. This is a rare opportunity to acquire a substantial medical office building in a thriving Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,030,298

  6.5%

  $4,643,352

  7%

  $4,311,684

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,150,432

  Geo Method

  $7,457,805

• Alternative Use

  Use

  Valuation

  Residential

  $5,757,756

  Hospitality

  $5,274,074

  Educational

  $4,387,967

  Medical

  $4,538,876

  Retail

  $6,825,727

Location Insight

City

Burleson

County

Tarrant

State

Texas

Latitude

32.581

Longitude

-97.3081

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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