Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    420 Shelby Rd Everman, TX 76140

    Sponsored
    For Lease
    $3,000 /Mo ($10 SF/Yr)

    Industrial - Everman, TX

    Type:Industrial
    Property size:
    3,600 SF
    Lot size:
    1.31 Acres
    Days on Market:
    102
    Last Refresh:
    Feb 12 at 3:06 pm

    Property Features for 420 Shelby Rd

    General Information

    Property type
    Other
    Property subtype
    Industrial
    Standard status
    Active
    APN
    00883549
    Size
    3,600 SF
    Lot size
    1.31 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2000
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    John Pollock

    RE/MAX Pinnacle Group REALTORS (817) 460-3900

    Listing agent John Pollock (817) 460-3900 License #0306245

    Listing date Nov 3, 2025

    MLS# 21092619 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

    Everman Retail/Warehouse Space For Rent

    This property offers 3,600 square feet of retail and warehouse space. The building features concrete floors and metal walls. It includes one 8 x 8 overhead door. The interior and exterior have been freshly painted. The tenant is responsible for all utilities, including water, electricity, and gas. The lot size is 1.31 acres and is located in Everman, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    Shelby Road Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Everman
    County
    Tarrant
    State
    Texas
    Longitude
    -97.280233
    Latitude
    32.624091

    Nearby Similar for Lease

    • $1,800 /Mo

      Everman Warehouse and Office Space

      Warehouse and office space available for lease in Everman, TX.
      321 C Thomas Pl, Everman, TX 76140
      View Details
    • $6,000 /Mo
      10,000 SF

      Everman Industrial Space with Office

      Well-maintained industrial property with office space and fenced yard.
      301 Thomas Pl, Everman, TX 76140
      View Details
    • $1,900 /Mo

      Warehouse & Office Space Available

      Warehouse and office space for lease in Everman, Texas.
      323 E Thomas Pl, Everman, TX 76140
      View Details
    • $1,800 /Mo

      Warehouse & Office Space Available

      Warehouse and office space for lease in Everman, Texas.
      323g Thomas Pl, Everman, TX 76140
      View Details
    • Contact for pricing

      Everman Warehouse and Office Space

      Warehouse and office space available for lease in Everman, TX.
      323G Thomas Pl, Everman, TX 76140
      View Details
    • Contact for pricing
      2,000 SF

      Industrial Space with Fenced Storage

      2,000 SF industrial space with outside storage available for rent.
      344 Thomas Pl, Everman, TX 76140
      View Details
    • Contact for pricing
      210,000 SF

      Everman Warehouse Space Available

      210,000 square foot warehouse space for rent in Everman.
      320 S Floyd St, Everman, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - 3,600 SF retail/warehouse space available for lease in Everman.
    Where is this warehouse located?
    The property is located at 420 Shelby Rd Everman, TX.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - 3600 sq. ft. of retail space; - Grade level with one 8 X 8 overhead door; - Fresh interior and exterior paint
    (817) 460-3900
    Request Owner's contact information
    420 Shelby Rd Everman, TX 76140
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    420 Shelby Rd
    Everman, TX 76140
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    420 Shelby Rd Everman, TX 76140
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Pollock
    Real Estate License ID: 0306245
    (817) 460-3900 (800) 505-8666 (817) 299-1001
    Learn more
    Google sign-in failed. Please try again or use another login method.