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Two-Building Flex Warehouse Opportunity

535 W Kennedale Parkway Kennedale, TX 76060

535 W Kennedale Parkway, Kennedale, TX, 76060
$1,975,000
For Sale
Claim this Listing
$1,975,000

COMMERCIAL - Kennedale, TX

Property Size13,200 SF
Lot Size1.38 Acres
Price / SF$149.62
AddedFeb 7
Days on Market158
Last RefreshJul 15 at 1:06 am

Property Features for 535 W Kennedale Parkway

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
04479815
Size
13,200 SF
Lot size
1.38 Acres

Taxes and HOA fees

Tax Description
WOODLEA ACRES ADDITION BLOCK 2 LOT 10B NW PT
Tax Annual Amount
5688

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1955
Floors in Building
1
Number of units
1
Flooring type
Tile, Concrete
Building materials
Brick
Roof type
Metal

Listing agent DeLario Bolton License #0645317

Listing office Keller Williams Fort Worth Fort Worth, TX

Listing date Feb 7, 2026

MLS# 21167473

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 two-building flex warehouse property totals approximately 13,200 square feet and is set up to support a range of operational needs. The primary building is a newly constructed 4,800-square-foot flex office warehouse built in 2025, designed with minimal office build-out and a practical layout. It includes four grade level garage doors measuring approximately 12 x 14, providing direct loading capability for trucks, equipment, and fleet vehicles. The secondary building totals approximately 8,400 square feet and is offered as-is, functioning as warehouse and storage space built in 1955.

The property is located along the Kennedale Parkway industrial corridor, providing a location that fits owner-users and investors targeting industrial demand and flexibility. With two buildings on the site, it supports both immediate use and future planning for scaling operations, storage, or potential repositioning. The combination of newer construction and legacy warehouse space gives buyers options for current throughput and longer-term upside.

For tenants, owner-users, and investors, the configuration can support light industrial and service-oriented businesses that need straightforward access for equipment and daily deliveries, while also benefiting from the added storage capacity of the second structure. The newer flex office warehouse is well-suited for teams that want functional space with limited office build-out, and the second building can serve as overflow storage or additional operational space as needs grow.

Key Highlights

  • Two‑building flex warehouse property totaling approximately 13,200 SF on the Kennedale Parkway industrial corridor
  • Newly constructed 4,800 SF flex office warehouse built in 2025 with minimal office build‑out
  • Primary building includes four 12 x 14 grade level garage doors for truck, equipment, and vehicle loading

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $253.4k $19.20
− Vacancy −$30.4k −$2.30
EGI $223.0k $16.90
− OpEx −$78.1k −$5.91
NOI $145.0k $10.98
13,200 SF · lease $19.20/SF/yr · vacancy 12.00% · expense 35.00%

Alternative Uses

Best Use
Office B
$3.26M
$2.85M – $3.80M (±1% cap)
NOI $228,096 @ 7.0% cap · market cap 11.55%
Second Best
Flex RnD
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $144,968 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$4.64M
$4.06M – $5.42M (±1% cap)
NOI $325,037 @ 7.0% cap · market cap 16.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Diesel Engines of Texas Auto Parts Store

Suggested Use

Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Restaurant Pharmacy Kitchen & Bath Showroom Storage Facility Skin Care Clinic Grocery & Convenience Store

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

Similar Off Market Nearby

  • Ruby Lee's Kitchen — 5317 Mansfield Hwy, Fort Worth, TX 76119
  • Professional Cater's of Amer — 6309 Anglin Dr, Forest Hill, TX 76119

FAQs

What type of property is this?
Flex space - A two-building flex and warehouse property with truck-ready loading in a strong industrial corridor.
Where is this flex space located?
The property is located at 535 W Kennedale Parkway Kennedale, TX.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Two‑building flex warehouse property totaling approximately 13,200 SF on the Kennedale Parkway industrial corridor; Newly constructed 4,800 SF flex office warehouse built in 2025 with minimal office build‑out; Primary building includes four 12 x 14 grade level garage doors for truck, equipment, and vehicle loading
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