Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2661-2669 Ludelle St Fort Worth, TX 76105

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr ($2,550 /Mo)

    Recently updated warehouse space with dock and grade level doors.

    Property size:
    3,600 SF
    Lot size:
    8.64 Acres

    Property Features for 2661-2669 Ludelle St

    General Information

    Size
    3,600 SF
    Lot size
    8.64 Acres
    Source: Moodyscre

    Listing Agent: Daniel Shelley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Warehouse Space Available

    This property offers 3,600 square feet of warehouse space. The property features updated LED lighting, restrooms, and offices. Exterior updates include new painting and updated security lighting. Loading and unloading are facilitated by both dock-high and grade-level doors. The property is suitable for warehouse and industrial use.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Ferco Self Storage, Beach St Lock-Up, Public Storage, Lone Star Kitchen and Commissary, A&M Moving Services

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2880716
    Latitude
    32.7410668

    Nearby Similar for Lease

    • $8,300 /Mo
      16,466 SF

      Versatile Commercial Property in Fort Worth

      Commercial property with offices, warehouse space, and security fencing.
      5685 E Loop 820 S, Fort Worth, TX 76119
      View Details
    • $9,311 /Mo
      15,000 SF

      Fort Worth Warehouse with Mezzanine

      High bay warehouse space with mezzanine and first-floor entrance.
      2900 Frontier Park Cir 100, Fort Worth, TX 76177
      View Details
    • $9,311 /Mo
      15,000 SF

      Fort Worth Warehouse with Mezzanine

      High bay warehouse space with mezzanine and first-floor entrance.
      2900 Frontier Park Cir, Fort Worth, TX 76177
      View Details
    • $3,354 /Mo
      6,181 SF

      Dental Office Ready for Lease

      Dental office with equipment installed, perfect for new or second office.
      427 S Summit Ave, Fort Worth, TX 76104
      View Details
    • $2,300 /Mo
      16,988 SF

      Glenview Drive Professional Office Space

      Versatile office space on a high-traffic corridor, suitable for various uses.
      7294 Glenview Dr, Fort Worth, TX 76180
      View Details
    • $3,800 /Mo
      12,502 SF

      Fort Worth Office Space Available

      Office space for rent in Fort Worth, Texas.
      3328 Avenue B, Fort Worth, TX 76105
      View Details
    • New
      $2,275 /Mo
      2,995 SF

      Renovated Office Building Near Airport

      Historic building with modern finishes near Spinks Airport.
      13008 Oak Grove Rd S, Fort Worth, TX 76028
      View Details
    • New
      $1,500 /Mo
      19,166 SF

      Fort Worth Church For Rent

      Church property featuring chapel, office, kitchen, and nursery room.
      4300 Williams Spring Rd, Fort Worth, TX 76135
      View Details
    • $12 SF/Yr
      22,939 SF

      Renovated Flex Space For Lease

      Office and warehouse space available for lease after complete renovation.
      3325 Phoenix Dr, Fort Worth, TX 76116
      View Details
    • New
      $28 SF/Yr
      1,154 SF

      New Office Condo For Lease

      Newly constructed office condo with modern layout and high-quality finishes.
      3117 Bailey Dr, Fort Worth, TX 76177
      View Details
    • $16 SF/Yr
      6,000 SF

      Fort Worth Office Space Available

      6,000 square foot office space for lease in Fort Worth.
      4059 Bryan Ave, Fort Worth, TX 76110
      View Details
    • $1,000 /Mo
      22,216 SF

      Richland Hills Office Space Available

      Office suites with included utilities, Wi-Fi, and flexible lease terms.
      7235 Glenview Dr, Fort Worth, TX 76180
      View Details

    FAQs

    What type of property is this?
    Warehouse - Recently updated warehouse space with dock and grade level doors.
    Where is this warehouse located?
    The property is located at 2661-2669 Ludelle St Fort Worth, TX.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Dock high and grade level doors for easy access.; - Updated offices provide a modern workspace.; - New exterior painting enhances curb appeal.
    (817) 409-4040
    Request Owner's contact information
    2661-2669 Ludelle St Fort Worth, TX 76105
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2661-2669 Ludelle St
    Fort Worth, TX 76105
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2661-2669 Ludelle St Fort Worth, TX 76105
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.