Flex Building with Grade-Level
11436 BUS 287 Highway N, Fort Worth, TX 76179
For Sale
$2,223,000
CommercialSale, Fort Worth, TX
Property Size10,340 SF
Lot Size1.18 Acres
Price / SF$214.99
Days on Market97
Property Features for 11436 BUS 287 Highway N
General Information
Property type
Property subtype
Property condition
Parking features
Subdivision
Directions
Standard status
APN
Lot size
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Chase Realty DFW
(817) 237-7653
Listed By:
Zach Napier · License TX #0737406
(817) 614-6833
Added: Aug 10
Changed: Oct 8
Last Checked: Nov 14 at 4:06AM
MLS# 21355257
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.
Under construction on 1.18 acres, this 10,340-square-foot flex building is planned as a single-story shell with concrete flooring and metal siding. Its 20-foot plate heights, two 12-by-14-foot grade-level doors, and multiple storefront entrances support a range of future layouts, including potential subdivision into multiple suites. A parking lot and utilities are in place; the property is served by a well and aerobic septic system.
The site has approximately 232 feet of frontage along Business 287, between Peden Road and W Bonds Ranch Road. Interstate 35W, US Highway 287, Highway 820, and FM 156 are identified as nearby routes. Eagle Mountain High School and a residential community described as having 1,000 homes are also nearby.
The site has approximately 232 feet of frontage along Business 287, between Peden Road and W Bonds Ranch Road. Interstate 35W, US Highway 287, Highway 820, and FM 156 are identified as nearby routes. Eagle Mountain High School and a residential community described as having 1,000 homes are also nearby.
Key Highlights
- 10,340‑square‑foot flex building on 1.18 acres
- Approximately 232 feet of frontage along Business 287
- 20‑foot plate heights and two 12‑foot by 14‑foot grade‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,201
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,324,020
$3.3M
Cap Rate 7%
$2,374,300
$2.4M
Cap Rate 9%
$1,846,678
$1.8M
Market Conditions
NOI Build-Up for 10,340 SF
Gross rent
$249.4K $24.12/SF
− Vacancy
−$12.0K −$1.16/SF
EGI
$237.4K $22.96/SF
− OpEx
−$71.2K −$6.89/SF
NOI
$166.2K $16.07/SF
Area
ZIP 76179
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,324,020
Cap Rate 7%
$2,374,300
Cap Rate 9%
$1,846,678
Alternative Uses
Best Use
Retail
$2.37M
$2.08M – $2.77M
NOI $166,201 @ 7.0% cap · market cap 7.48%
Second Best
Flex RnD
$1.21M
$1.06M – $1.41M
NOI $84,402 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$3.47M
$3.03M – $4.05M
NOI $242,700 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Well-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
$299,300
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Fort Worth, TX
Properties on Market for Flex space in Fort Worth
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Shell delivery and several storefront entries allow for customized interior completion and potential division into multiple suites.
Where is this flex space located?
The property is located at 11436 BUS 287 Highway N Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,223,000.
What are key features of this property?
This property features: 10,340‑square‑foot flex building on 1.18 acres; Approximately 232 feet of frontage along Business 287; 20‑foot plate heights and two 12‑foot by 14‑foot grade‑level doors
