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    Arlington Warehouse with Dock Doors Title is generated by Realmo AI

    405 113th St, Arlington, TX

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    60,000 SF warehouse featuring dock high doors.

    Type:INDUSTRIAL
    Property size:
    60,000 SF
    Lot size:
    2.78 Acres
    Price / SF:
    $150/SF
    Added:
    Feb 14, 2023
    Days on Market:
    1223
    Last Refresh:
    May 20 at 8:00 pm

    Property Features for 405 113th St

    General Information

    Standard status
    Active
    Size
    60,000 SF
    Lot size
    2.78 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 405 113th St Contact us

    We can help!

    Listing Contact
    Payne Pittman

    Listing agent Payne Pittman

    Listing office PMW Realty Partners

    Listing date Feb 14, 2023

    Source Moodyscre

    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 PMW Realty Partners

    HighLights

    • 60,000 SF of space available
    • Features six (6) dock high doors
    • 18' clear height
    • 100% sprinkled for fire suppression
    • Benefits from heavy power
    • One (1) ramp for easy access

    Overview

    The property located at 405-407 113th St in Arlington, TX, encompasses 60,000 square feet. It features six dock-high doors, one ramp, an 18-foot clear height, a 100% sprinkler system, and heavy power. The property is well-maintained.

    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 $597.6k $9.96
    − Vacancy −$41.8k −$0.70
    EGI $555.8k $9.26
    − OpEx −$83.4k −$1.39
    NOI $472.4k $7.87
    60,000 SF · lease $9.96/SF/yr · vacancy 7.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $6.75M
    $5.91M – $7.87M (±1% cap)
    NOI $472,403 @ 7.0% cap · market cap 5.25%
    Second Best
    Industrial
    $5.56M
    $4.86M – $6.48M (±1% cap)
    NOI $389,038 @ 7.0% cap · market cap 4.32%
    Theoretical Best
    Office A
    $17.69M
    $15.48M – $20.64M (±1% cap)
    NOI $1,238,400 @ 7.0% cap · market cap 13.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    IKEA Pick-Up Point ... Warehouse & Storage DNA Logistics Warehouse & Storage Essential Roofing Guys Roofing Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Self-Storage Climate Controlled — 2455 W Tarrant Rd, Grand Prairie, TX 75050
    • Geodis — 8 NW 19th St, Grand Prairie, TX 75050
    • Self-Storage at U-Haul — 2455 Tarrant Rd, Grand Prairie, TX 75050
    • Alpha Storage Center — 2918 Avenue F, Arlington, TX 76011
    • 10 Federal Storage — 2920 Avenue F Ste 200, Arlington, TX 76011

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0438
    Latitude
    32.7461

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    FAQs

    What type of property is this?
    Warehouse - 60,000 SF warehouse featuring dock high doors.
    Where is this warehouse located?
    The property is located at 405 113th St Arlington, TX.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: 60,000 SF of space available; Features six (6) dock high doors; 18' clear height
    (817) 588-3500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Payne Pittman
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