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    The Largest CRE Database in the US with Over 1 Million Listings

    13008 Oak Grove Rd S Fort Worth, TX 76028

    Sponsored
    For Lease
    $3,995 /Mo

    Industrial - Fort Worth, TX

    Type:Industrial
    Property size:
    8,900 SF
    Lot size:
    10.75 Acres
    Days on Market:
    17
    Last Refresh:
    Feb 5 at 11:06 am

    Property Features for 13008 Oak Grove Rd S

    General Information

    Property type
    Other
    Property subtype
    Industrial
    Standard status
    Active
    APN
    05942055
    Parking features
    Gated, Oversized, Paved or Surfaced
    Size
    8,900 SF
    Lot size
    10.75 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1975
    Flooring type
    Concrete
    Building materials
    Aluminum Siding, Concrete
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Issa Feghali

    Lone Star Brokerage LLC (817) 456-1174

    Listing agent Issa Feghali (817) 456-1174 License #0612053

    Listing date Jan 20, 2026

    MLS# 21078949 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Fort Worth Industrial Space Available

    This 8,900 sq. ft. industrial building is located on a 21-acre heavy-industry property near Spinks Airport, approximately 2 miles from I-35W in Fort Worth, TX. The property is currently vacant and suitable for various uses. The surrounding land may be used for extra storage. Current uses of the overall property include shops for carpentry, automotive, truck maintenance, an office building, and storage. Prior uses of this warehouse were for metal fabrication and diesel truck repair. The building contains two bathrooms and two air-conditioned/heated rooms suitable for offices or break rooms. A loading ramp dock is located nearby. Utilities include city water, sewer, and electricity. Internet is available via satellite dishes. The landlord covers water and real estate taxes. Recent improvements to the industrial park include an 18-foot concrete driveway, fencing, and a fire hydrant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Steel Containers . Net

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.30225243
    Latitude
    32.56908342

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    FAQs

    What type of property is this?
    Warehouse - 8,900 sq ft industrial building near Spinks Airport.
    Where is this warehouse located?
    The property is located at 13008 Oak Grove Rd S Fort Worth, TX.
    What is the lease rate?
    The lease rate is $0.10 SF/Yr.
    What are key features of this property?
    This property features: - 8,900 sq. ft. building on a 21-acre heavy-industry property.; - Adjacent to Spinks Airport and approximately 2 miles from I-35W.; - Utilities included: City Water, Sewer, and Electricity; Landlord pays for Water and Real Estate Taxes.
    (817) 456-1174
    Request Owner's contact information
    13008 Oak Grove Rd S Fort Worth, TX 76028
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    Fort Worth, TX 76028
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13008 Oak Grove Rd S Fort Worth, TX 76028
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    We can help!
    Listing Contact
    Issa Feghali
    Real Estate License ID: 0612053
    (817) 456-1174
    Learn more
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