103 W Broad Forney, TX 75126
SINGLE_FAMILY - Forney, TX
Property Features for 103 W Broad
General Information
- Property type
- Residential
- Property subtype
- Retail
- Security features
- Security
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 23624
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- Forney Rev
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1933
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Concrete
- Building materials
- Brick
- Roof type
- Composition
Listing agent Cindy Miller License #0481033 (972) 772-7000
Listing office Keller Williams Rockwall Rockwall, TX (972) 772-7000
Listing date Jul 6, 2026
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.
The building is located at 103 W Broad in Forney, Texas, on busy Broad Street. The site includes rear parking and vehicle access through roll-up doors at the front and back, which can support a range of customers and operating styles. The listing states the available warehouse area is approximately 10,000 SF overall, and notes about 4,000+ SF for the tire shop portion; buyers and agents are instructed to verify all information.
With a dedicated office/showroom component plus warehouse access, this configuration may fit users seeking a combined sales and storage environment. The listing also references multiple possible retail and service concepts, including drive-through-style beer barn use, beauty supply, decor, and other showroom-oriented formats that benefit from both street-facing windows and rear operational access. Prospective buyers should confirm measurements and suitability for their specific planned use during due diligence.
Key Highlights
- Multiple‑use building with showroom, 6 offices, and warehouse/industrial space with roll‑up doors at the front and back
- Two buildings in one space, with approximately 10,000 SF total; tire shop area included at approximately 4,000+ SF
- Brick construction with composition roof
Local Financial Insights For Warehouse
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 | $90.0k | $9.00 |
| − Vacancy | −$8.2k | −$0.82 |
| EGI | $81.8k | $8.18 |
| − OpEx | −$12.3k | −$1.23 |
| NOI | $69.5k | $6.95 |
