Flex Building with Grade-Level Roll-Up
For Sale
$2,200,000
11416 Business Highway 287 N, Fort Worth, TX 76179
New single-story flex building delivered in shell condition with utilities in place and storefront entrances for flexible layouts.
Property Size10,000 SF
Lot Size1.77 Acres
Price / SF$220
Days on Market10
Property Features for 11416 Business Highway 287 N
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.77 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
24 ft
Drive-In Doors
2
Building Details
Buildings
1
Stories
1
Building Size
10,000 SF
Listing Agency:
Chase Realty DFW
(817) 237-7653
Listed By:
Zach Napier · License #0737406
(817) 237-7653
Source:
Exprealty
Added: Jul 21
Changed: Jul 30
Last Checked: Jul 30 at 3:09PM
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 Chase Realty DFW
Investment Insights
Based on property information with market context.
Lot 7 at Peden Crossing features a 10,000-square-foot, single-story flex building on 1.77 acres, with approximately 453 feet of frontage along Business 287 for visibility and convenient access. The building is delivered in shell condition with utilities in place, offering a blank canvas for office, showroom, warehouse, retail, or light industrial uses.
Exterior features include 24-foot plate heights, two 12-foot by 14-foot grade level roll up doors, and multiple storefront entrances that support the option to divide into multiple suites. Ample on-site parking is included, and interior finish-out is customizable based on buyer preference.
The development is located outside city limits and positioned along Business 287 between Peden Road and W Bonds Ranch Road, with access to Interstate 35W, US Highway 287, Highway 820, and FM 156 just minutes away. The site is also near Eagle Mountain High School and is surrounded by expanding residential and commercial development.
Exterior features include 24-foot plate heights, two 12-foot by 14-foot grade level roll up doors, and multiple storefront entrances that support the option to divide into multiple suites. Ample on-site parking is included, and interior finish-out is customizable based on buyer preference.
The development is located outside city limits and positioned along Business 287 between Peden Road and W Bonds Ranch Road, with access to Interstate 35W, US Highway 287, Highway 820, and FM 156 just minutes away. The site is also near Eagle Mountain High School and is surrounded by expanding residential and commercial development.
Key Highlights
- 10,000 SF single‑story flex building on 1.77 acres
- Approximately 453 feet of frontage along Business 287
- Delivered in shell condition with utilities in place
Financial Insights For Office B
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 | $270.0k | $27.00 |
| − Vacancy | −$59.4k | −$5.94 |
| EGI | $210.6k | $21.06 |
| − OpEx | −$52.7k | −$5.27 |
| NOI | $158.0k | $15.80 |
10,000 SF · lease $27.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Warehouse
$11.93M
$10.44M – $13.92M
NOI $835,406 @ 7.0% cap · market cap 37.97%
Second Best
Industrial
$10.75M
$9.41M – $12.54M
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.
Property Analytics
Current Use
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
593
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - New single-story flex building delivered in shell condition with utilities in place and storefront entrances for flexible layouts.
Where is this flex space located?
The property is located at 11416 Business Highway 287 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 SF single‑story flex building on 1.77 acres; Approximately 453 feet of frontage along Business 287; Delivered in shell condition with utilities in place
