Freestanding Flex
For Sale
$625,000
5016 Jacksboro Highway, Sansom Park, TX 76114
CommercialSale, Sansom Park, TX
Property Size2,475 SF
Lot Size0.28 Acres
Price / SF$252.53
Days on Market48
Property Features for 5016 Jacksboro Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
PD - Planned Development
Parking features
Oversize, Secured, Parking Lot
Subdivision
BEVERLY HILLS ESTATES
Directions
From Downtown Fort Worth: Take TX-199 W (Jacksboro Hwy) approximately 5.5 miles. Property is on the right, just east of Beverly Hills Dr.
Standard status
Active
APN
00221546
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
BEVERLY HILLS ESTATES Block C Lot 12G
Legal Description
BEVERLY HILLS ESTATES Block C Lot 12G
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
fenced yard
Building Details
Year built
1996
Floors in Building
1
Number of units
1
Flooring type
Carpet
Building materials
Brick
Roof type
Shingle
Listing Agency:
Compass RE Texas, LLC
Listed By:
Justin Tipton
(214) 814-8100
Added: Jul 31
Changed: Sep 16
Last Checked: Sep 16 at 4:06PM
MLS# 21346288
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 freestanding flex space at 5016 Jacksboro Highway provides 2,475 square feet of commercial area on a 0.28-acre parcel. The building dates to 1996 and features brick construction, carpeted flooring, central heating, central air, and a shingle roof. A secured parking lot and fully fenced yard add practical outdoor functionality for storage, equipment, parking, or other business needs.
The property fronts Jacksboro Highway, also designated SH-199, with approximately 30,000 vehicles passing daily. Public water and public sewer serve the site, while access to Loop 820, downtown Fort Worth, and surrounding residential neighborhoods is identified in the property information. The configuration supports a range of commercial applications, including office, medical, retail, showroom, daycare, service, and other flex-oriented uses.
The property fronts Jacksboro Highway, also designated SH-199, with approximately 30,000 vehicles passing daily. Public water and public sewer serve the site, while access to Loop 820, downtown Fort Worth, and surrounding residential neighborhoods is identified in the property information. The configuration supports a range of commercial applications, including office, medical, retail, showroom, daycare, service, and other flex-oriented uses.
Key Highlights
- 2,475‑square‑foot freestanding commercial building
- 0.28‑acre lot with a fully fenced yard
- Approximately 30,000 vehicles pass the property daily
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
$41,081
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
6.57%
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%
$821,620
$821.6K
Cap Rate 7%
$586,871
$586.9K
Cap Rate 9%
$456,456
$456.5K
Market Conditions
NOI Build-Up for 2,475 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
$61.8K $24.96/SF
− Vacancy
−$3.1K −$1.25/SF
EGI
$58.7K $23.71/SF
− OpEx
−$17.6K −$7.11/SF
NOI
$41.1K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
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%
$821,620
Cap Rate 7%
$586,871
Cap Rate 9%
$456,456
Alternative Uses
Best Use
Retail
$586.9K
$513.5K – $684.7K
NOI $41,081 @ 7.0% cap · market cap 6.57%
Second Best
Flex RnD
$388.3K
$339.8K – $453.0K
NOI $27,181 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$870.6K
$761.8K – $1.02M
NOI $60,944 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
30,000 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76114, TX
26,676
Population
10,648
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
76%
High-School Grad
9.7 sq mi
ZIP Area
2,750
Density / Sq Mi
$61,055
Median Household Income
$40,145
Median Earnings
$1,231
Median Rent
$195,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Fenced outdoor space and secured parking support varied commercial operations.
Where is this flex space located?
The property is located at 5016 Jacksboro Highway Sansom Park, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,475‑square‑foot freestanding commercial building; 0.28‑acre lot with a fully fenced yard; Approximately 30,000 vehicles pass the property daily
