Office Space
1244 Karla Drive Hurst, TX 76053
Details & Description
Price: $1,150,000
    Two well located executive office buildings in one parcel. At a price point of $1,500,000, this opportunity allows an investor to purchase over 22,000 SF of real estate at a price per square foot of just $51.24
    Property Highlights
     This spread outlined above offers substantial upside in the future and another reason for a Value-Add investor to add.
     The subject property is in the heart of Dallas-Fort Worth MSA 4th Largest in the country
    Listing Agents
    Drew Boroughs

    O: 214-295-2790
    M: 903-539-9971
    drew.boroughs@matthews.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1244 Karla Drive

    Hurst, TX 76053

    Listing ID: 274979
    1244 Karla Drive Hurst, TX 76053 | for Sale | Photo 1
    Building Size: 22,442 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $51.24
    Land $/SF: $26.40
    Price
    $1,150,000
    Property Highlights
    The subject property is in the heart of Dallas-Fort Worth MSA 4th Largest in the country
    There are over 244,000 residents within the 5 mile radius
    A total of 28 tenants between two buildings and all operating under short term leases.
    Historically, the owner has not pushed rents aggressively.
    This spread outlined above offers substantial upside in the future and another reason for a Value-Add investor to add.
    Just 12 miles from the Dallas Fort Worth International Airport
    Description

    Two well located executive office buildings in one parcel. At a price point of $1,500,000, this opportunity allows an investor to purchase over 22,000 SF of real estate at a price per square foot of just $51.24

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Arlington History of Office Space for Sale

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    Hurst Area Market Trends

    Listing Demographics for 1244 Karla Drive Hurst, TX 76053

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,803110,591245,892
    Population Median Age393838
    Population by Age0-9 Yrs1745 (13%)14595 (13%)32387 (13%)
    10-19 Yrs1473 (11%)13443 (12%)30775 (12%)
    20-29 Yrs1694 (13%)15862 (14%)32418 (13%)
    30-39 Yrs1720 (13%)15291 (13%)33238 (13%)
    40-49 Yrs1498 (11%)13611 (12%)31489 (12%)
    50-59 Yrs1796 (14%)14123 (12%)32621 (13%)
    60-69 Yrs1526 (11%)12302 (11%)29447 (11%)
    70+ Yrs1352 (10%)11364 (10%)23517 (9%)
    Median HH Income$56,831$64,543$71,285
    Total Household Income< 24K868 (18%)5301 (12%)10960 (11%)
    25-49K1244 (25%)10345 (24%)19994 (21%)
    50-74K957 (19%)8554 (20%)17179 (18%)
    75-99K584 (12%)5477 (13%)12743 (13%)
    100-199K1030 (21%)9991 (23%)23451 (25%)
    200K+137 (2%)2261 (5%)7216 (7%)
    Highest Education LevelNo Diploma742734315304
    Diploma or GED22981714236890
    Some College24621939842332
    Assoc. Degree863737915083
    Bachelors Degree16871684440163
    Higher Degree790731718295
    Total Housing Units5,10844,98597,215
    --Owner-Occupied2,75423,57557,211
    --Renter-Occupied2,06618,35334,331
    Owner-Occupied Values< 100K33522105354
    100-199K13751017822188
    200-299K870712015935
    300-399K10127166466
    400-499K478373679
    500K+265143589
    Total Working Age Population10,10786,896193,247
    In Work Force6,70859,671132,805
    Not In Work Force3,40027,22560,442
    Workforce Employed6,46757,045127,050
    Workforce Unemployed2412,6265,695
    Civlian Workforce6,70859,671132,745
    Military Workforce0060
    Total Households4,82041,92891,542
    Family Households3,12827,77863,002
    Non-Family Households1,69214,15028,540
    Married Couple2,15019,61946,215
    Other Family9798,15916,787
    Married w/Child6707,65218,006
    Single Male w/Child1328862,123
    Single Female w/Child5303,7857,138

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Tarrant County1,446,219+251,809,034+192,143,755+172,507,170

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1244 Karla Drive in Hurst?
    The asking price for 1244 Karla Drive is $1,150,000
    What is the building size of this Office property in Hurst, TX?
    The size of the building/unit at 1244 Karla Drive in Hurst is 22,442 square feet
    How much land does the Hurst, TX property at 1244 Karla Drive include?
    1244 Karla Drive in Hurst includes 1.000 acres of land
    What kind of Office is the propery at 1244 Karla Drive?
    The property at 1244 Karla Drive Hurst, TX 76053 is listed as a Professional Office property
    What is the population within 1 mile of 1244 Karla Drive in Hurst?
    The population within 1 mile of 1244 Karla Drive Hurst, TX 76053 is 12,803 people.
    Who do I contact for questions about 1244 Karla Drive?
    You should contact the listing agent, Drew Boroughs, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Fort Worth International Airport (DFW) 9
    Dallas Love Field (DAL) 19
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 110