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    Warehouse and Flexspace Units Title is generated by Realmo AI

    5381 Rendon Road, Fort Worth, TX 76140

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    Claim this Listing
    For Lease
    $1,900 /Mo

    COMMERCIAL - Fort Worth, TX

    Lot size:
    1.00 Acre
    Added:
    Dec 20, 2025
    Days on Market:
    167
    Last Refresh:
    Jun 5 at 7:06 pm

    Property Features for 5381 Rendon Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    On Street, Open, Garage, Parking Lot, Covered, Secured
    Standard status
    Active
    APN
    06682995
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Description
    RENDON, JOAQUIN SURVEY ABSTRACT 1263 TRACT 8B

    Utilities

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

    Building Details

    Year built
    2001
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Concrete
    Building materials
    AluminumSiding, Brick, Block, Concrete

    We can help!

    Listing Contact
    Rafael J Gregorio, Jr

    Listing agent Rafael J Gregorio, Jr License #0658777

    Listing office Gregorio Real Estate Company Frisco, TX

    Listing date Dec 20, 2025

    MLS# 21001763

    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.

    HighLights

    • Warehouse & flexspace units for lease near Downtown Fort Worth, offered for a variety of industrial, storage, and some retail uses
    • 4 lease units available at $1,500 to $1,900 per month
    • Construction materials include aluminum siding, brick, block, and concrete
    • Central heating and central air
    • Public water with public sewer
    • Parking features include garage, parking lot, covered, secured, open, and on‑street options

    Overview

    This property offers warehouse and flexspace for lease with multiple unit options designed to support industrial and storage needs, along with some retail use potential. There are four units available on-site, providing flexible tenancy possibilities for operators looking for space that can accommodate different day-to-day requirements. Tenant and/or tenant’s broker will need to verify all specifications, including measurements, livable area, and zoning details.

    Located at 5381 Rendon Road in Fort Worth, the units are positioned near the downtown area and benefit from convenient regional access. The property is described as being “sandwiched” between I-35, I-20, and 820, with approximate drive times noted to Downtown Fort Worth, Forest Hill & Everman, and DFW International Airport. Access and suitability should be confirmed directly with the listing broker.

    Given the stated range of permitted uses, this setup can be a practical fit for businesses that want warehouse functionality while maintaining some flex for operational needs, including light industrial or storage-focused concepts. For retailers that can support the location and use parameters, these units may also align with certain neighborhood-serving retail requirements, subject to confirmation of zoning and allowable uses. Spanish-speaking assistance is available, and all parties should verify details before proceeding.
    Property Profile Location Intelligence

    Current Use by Public Records

    Leo's Transmission Auto Repair Shop Cowtwn Gambling House H&M Auto Group Car Dealership New Age Paint ... Auto Repair Shop Kcw Recovery Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.245609
    Latitude
    32.587631

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    FAQs

    What type of property is this?
    Flex space - Multi-unit warehouse and flexspace option near major interstates, suited for industrial, storage, and select retail uses.
    Where is this flex space located?
    The property is located at 5381 Rendon Road Fort Worth, TX.
    What is the lease rate?
    The lease rate is $1,900 /Mo.
    What are key features of this property?
    This property features: Warehouse & flexspace units for lease near Downtown Fort Worth, offered for a variety of industrial, storage, and some retail uses; 4 lease units available at $1,500 to $1,900 per month; Construction materials include aluminum siding, brick, block, and concrete
    (972) 834-5509
    We can help!
    Listing Contact
    Rafael J Gregorio, Jr
    Real Estate License ID: 0658777
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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.

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