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Flex Building with Grade-Level Doors
For Sale
$2,200,000

11416 BUS 287 Highway N, Fort Worth, TX 76179

CommercialSale, Fort Worth, TX

Property Size10,000 SF
Lot Size1.77 Acres
Price / SF$220
Days on Market102

Property Features for 11416 BUS 287 Highway N

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Subdivision Peden Crossing
Directions Gps. If the address not work try using the following 2701 Peden Rd Fort Worth Tx 76179. The property is located west of the hicks airfield, and fronts BUS 287. If looking at a map the subject property is south of Peden Rd intersection and North of Bonds Ranch Rd W.
Standard status Active
APN 43160681
Lot size 1.77 Acres

Utilities

Sewer type Aerobic Septic
Water source Well

Building Details

Year built 2026
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: Chase Realty DFW
Listed By: Zach Napier · License #0737406
Added: Jul 21 Changed: Oct 18 Last Checked: Oct 30 at 6:06AM
MLS# 21337072

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.

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Investment Insights

Based on property information with market context.

This under-construction flex property includes a 10,000-square-foot, single-story building on 1.77 acres. The structure is offered in shell condition with utilities in place, concrete flooring, metal siding, and a metal roof. Its 24-foot plate height, two 12-foot by 14-foot grade-level roll-up doors, and multiple storefront entrances support a range of office, showroom, warehouse, retail, and light industrial configurations. The layout also allows for future division into multiple suites, with interior finish work to be completed by the buyer or through the developer.

The property is outside city limits along Business 287, between Peden Road and W Bonds Ranch Road, with approximately 453 feet of frontage. Access to Interstate 35W, US Highway 287, Highway 820, and FM 156 connects the site with the broader Dallas-Fort Worth Metroplex. The parcel uses a well and aerobic septic system and is near Eagle Mountain High School and a 1,000-home residential community.

Key Highlights

  • 10,000‑square‑foot single‑story flex building on 1.77 acres
  • Approximately 453 feet of frontage along Business 287
  • 24‑foot plate height with two 12‑foot by 14‑foot grade‑level roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$81,627
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,632,540 $1.6M
Cap Rate 7%
$1,166,100 $1.2M
Cap Rate 9%
$906,967 $907.0K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$138.0K $13.80/SF
− Vacancy
−$12.4K −$1.24/SF
EGI
$125.6K $12.56/SF
− OpEx
−$44.0K −$4.40/SF
NOI
$81.6K $8.16/SF
Area
ZIP 76179
Vacancy
9.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,632,540
Cap Rate 7%
$1,166,100
Cap Rate 9%
$906,967

Alternative Uses

Best Use
Warehouse
$11.93M
$10.44M – $13.92M (±1% cap)
NOI $835,406 @ 7.0% cap · market cap 37.97%
Second Best
Industrial
$10.75M
$9.41M – $12.54M (±1% cap)
NOI $752,598 @ 7.0% cap · market cap 34.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Lease Details

24 ft
Clear height
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby
Well-served
Demand for This Use

Demographics for 76179, TX

68,333
Population
26,227
Households
2.6
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
51.9 sq mi
ZIP Area
1,317
Density / Sq Mi
$108,428
Median Household Income
$53,878
Median Earnings
$1,840
Median Rent
$299,300
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Shell-condition flex space with installed utilities, customizable interiors, and multiple storefront entry points for future suite configuration.
Where is this flex space located?
The property is located at 11416 BUS 287 Highway N Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 10,000‑square‑foot single‑story flex building on 1.77 acres; Approximately 453 feet of frontage along Business 287; 24‑foot plate height with two 12‑foot by 14‑foot grade‑level roll‑up doors
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