Forney Industrial Building with
For Sale
Contact for pricing
110 Industrial Dr, Forney, TX 75126
9,600 SF light industrial building with office and warehouse space.
Property Size9,600 SF
Lot Size0.66 Acres
Price / SF$145.83
Days on Market203
Property Features for 110 Industrial Dr
General Information
Standard status
Active
Size
9,600 SF
Class
B
Lot size
0.66 Acres
Property subtype
Industrial
Building Details
Tenancy
Multi
Listing Agency:
Covenant CRE
Listed By:
Dustin Ray · License #0774647
(318) 393-1414
Source:
Crexi
Added: Mar 19
Changed: Oct 1
Last Checked: Oct 5 at 7:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Covenant CRE
Investment Insights
Based on property information with market context.
This approximately 9,600 square foot light industrial building is situated on approximately 0.66 acres in Mustang Creek Park in Forney, Texas. The property features a functional mix of office and warehouse space, including approximately 3,350 square feet of office space with 10 offices and approximately 5,650 square feet of warehouse space. The warehouse has an 18-foot clear height and three grade-level doors. The property includes a fenced, concreted outdoor storage area, 19 parking spaces, and an approximately 600 square foot carport. Skylights and heavy power are present. Updated office finishes, three HVAC units, city utilities, and fiber connectivity enhance the property’s functionality. The property is zoned commercial and is located just off US Highway 80, providing excellent accessibility within a growing industrial corridor.
Key Highlights
- Excellent accessibility due to location just off US Highway 80 in a growing industrial corridor.
- Functional mix of ±3,350 SF office space (10 offices) and ±5,650 SF warehouse space.
- Fenced, concreted outdoor storage area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,777
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,235,540
$1.2M
Cap Rate 7%
$882,529
$882.5K
Cap Rate 9%
$686,411
$686.4K
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$95.6K $9.96/SF
− Vacancy
−$7.4K −$0.77/SF
EGI
$88.3K $9.19/SF
− OpEx
−$26.5K −$2.76/SF
NOI
$61.8K $6.44/SF
Area
Kaufman County, TX
Vacancy
7.70%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,235,540
Cap Rate 7%
$882,529
Cap Rate 9%
$686,411
Alternative Uses
Best Use
Industrial
$882.5K
$772.2K – $1.03M
NOI $61,777 @ 7.0% cap · market cap 4.41%
Second Best
Flex RnD
$681.6K
$596.4K – $795.2K
NOI $47,711 @ 7.0% cap · market cap 3.41%
Theoretical Best
Multifamily LT 5
$120.82M
$105.72M – $140.96M
NOI $8,457,422 @ 7.0% cap · market cap 604.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75126, TX
64,573
Population
24,316
Households
2.7
Avg Household Size
32
Median Age
36%
College-Educated
92%
High-School Grad
81.6 sq mi
ZIP Area
791
Density / Sq Mi
$104,001
Median Household Income
$55,453
Median Earnings
$1,930
Median Rent
$337,200
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 - 9,600 SF light industrial building with office and warehouse space.
Where is this flex space located?
The property is located at 110 Industrial Dr Forney, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Excellent accessibility due to location just off US Highway 80 in a growing industrial corridor.; Functional mix of ±3,350 SF office space (10 offices) and ±5,650 SF warehouse space.; Fenced, concreted outdoor storage area.
