End-Unit Flex
For Sale
$549,000
13053 Harmon Road, Fort Worth, TX 76177
CommercialSale, Fort Worth, TX
Property Size2,000 SF
Lot Size11.79 Acres
Price / SF$274.50
Days on Market84
Property Features for 13053 Harmon Road
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Garage
Subdivision
Harmon Industrial Condos
Directions
From I-35W, take Westport Parkway west, turn right on Harmon Road, continue north approximately 1 mile to Harmon Industrial Condos, 13053 Harmon Rd, Unit 1001, Fort Worth, TX 76177.
Standard status
Active
APN
43014766
Lot size
11.79 Acres
Taxes and HOA fees
Tax Description
HARMON INDUSTRIAL CONDOS BLOCK 10 LOT 1001 1.
Tax Annual Amount
4854
Legal Description
HARMON INDUSTRIAL CONDOS BLOCK 10 LOT 1001 1.
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Amenities
restroom with shower
Building Details
Year built
2024
Floors in Building
1
Number of units
1
Flooring type
Carpet, Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Listing Results, LLC
(817) 283-5134
Listed By:
Jack McLemore · License #0460808
(817) 283-5134
Added: Jun 9
Changed: Aug 21
Last Checked: Aug 31 at 10:06AM
MLS# 21292312
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.
Investment Insights
Based on property information with market context.
This 2024 commercial condominium is configured as an end unit with a combination of office and warehouse areas. The interior includes a restroom with shower, concrete and carpet flooring, central heating and cooling, and an overhead door. Metal siding and a metal roof support the building’s industrial-oriented construction, while dedicated parking is included.
The property is located at 13053 Harmon Road in Fort Worth, with access to I-35W and SH 114. Nearby commercial and logistics destinations include Alliance Airport, Alliance Town Center, BNSF Intermodal facilities, and surrounding industrial development. Public water and sewer serve the property. Office, warehouse, distribution, storage, showroom, service, and mixed-use operations are identified as potential applications, subject to applicable zoning and condominium restrictions.
The property is located at 13053 Harmon Road in Fort Worth, with access to I-35W and SH 114. Nearby commercial and logistics destinations include Alliance Airport, Alliance Town Center, BNSF Intermodal facilities, and surrounding industrial development. Public water and sewer serve the property. Office, warehouse, distribution, storage, showroom, service, and mixed-use operations are identified as potential applications, subject to applicable zoning and condominium restrictions.
Key Highlights
- 2024 construction with metal siding and a metal roof
- End‑unit commercial condominium at 13053 Harmon Road, Unit 1001
- Office and warehouse configuration with an overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,875
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$697,500
$697.5K
Cap Rate 7%
$498,214
$498.2K
Cap Rate 9%
$387,500
$387.5K
Market Conditions
NOI Build-Up for 2,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$60.0K $30.00/SF
− Vacancy
−$13.5K −$6.75/SF
EGI
$46.5K $23.25/SF
− OpEx
−$11.6K −$5.81/SF
NOI
$34.9K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$697,500
Cap Rate 7%
$498,214
Cap Rate 9%
$387,500
Alternative Uses
Best Use
Office B
$498.2K
$435.9K – $581.3K
NOI $34,875 @ 7.0% cap · market cap 6.35%
Second Best
Flex RnD
$231.9K
$203.0K – $270.6K
NOI $16,236 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$726.5K
$635.7K – $847.6K
NOI $50,856 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76177, TX
23,001
Population
10,140
Households
2.3
Avg Household Size
32
Median Age
48%
College-Educated
98%
High-School Grad
20.6 sq mi
ZIP Area
1,117
Density / Sq Mi
$103,990
Median Household Income
$55,635
Median Earnings
$1,726
Median Rent
$349,400
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- La cherada food truck ,Taco bar ,catering — 1925 Golden Heights Rd # 108, Fort Worth, TX 76177
- Thebuzztrailer — 1670 Harmon Rd, Fort Worth, TX 76177
Frequently Asked Questions
What type of property is this?
Flex space - 2024 commercial condominium with office, warehouse, shower-equipped restroom, overhead access, and dedicated parking.
Where is this flex space located?
The property is located at 13053 Harmon Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2024 construction with metal siding and a metal roof; End‑unit commercial condominium at 13053 Harmon Road, Unit 1001; Office and warehouse configuration with an overhead door
