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    Rendon Bloodworth Road Warehouse Title is generated by Realmo AI

    7356 Rendon Bloodworth Rd, Mansfield, TX

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    12,000 square foot warehouse located on Rendon Bloodworth Road.

    Type:INDUSTRIAL
    Property size:
    12,000 SF
    Lot size:
    3.06 Acres
    Price / SF:
    $82/SF
    Added:
    Mar 3, 2022
    Days on Market:
    1559
    Last Refresh:
    May 20 at 9:26 pm

    Property Features for 7356 Rendon Bloodworth Rd

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Lot size
    3.06 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Mark Sullivan

    Listing agent Mark Sullivan

    Listing office Ritter & Associates Commercial Real Estate

    Listing date Mar 3, 2022

    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 Ritter & Associates Commercial Real Estate

    HighLights

    • Located on Rendon Bloodworth Rd. (FM 1187).
    • Situated West of Bennett Lawson Rd.
    • Positioned West of Mansfield in Tarrant County.
    • Property address recorded as 7370 Rendon Bloodworth Road by Tarrant Appraisal District.
    • Assigned property address is 7356 Rendon Bloodworth Road.
    • Located on the South side of Rendon Bloodworth Rd.

    Overview

    Located on the south side of Rendon Bloodworth Road (FM 1187), this warehouse is situated just west of Bennett Lawson Road and the city of Mansfield in Tarrant County. The property contains 12,000 square feet. While Tarrant Appraisal District records indicate the address as 7370 Rendon Bloodworth Road, the assigned address for the property is 7356 Rendon Bloodworth Road.

    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 $108.0k $9.00
    − Vacancy −$9.8k −$0.82
    EGI $98.2k $8.18
    − OpEx −$14.7k −$1.23
    NOI $83.4k $6.95
    12,000 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,446 @ 7.0% cap · market cap 8.47%
    Second Best
    Industrial
    $966.6K
    $845.8K – $1.13M (±1% cap)
    NOI $67,662 @ 7.0% cap · market cap 6.87%
    Theoretical Best
    Office A
    $4.22M
    $3.69M – $4.92M (±1% cap)
    NOI $295,488 @ 7.0% cap · market cap 30.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    • Extra Space Storage — 1351 FM1187, Mansfield, TX 76063
    • CubeSmart Self Storage — 1587 FM157, Mansfield, TX 76063
    • Todd Self Storage — 731 W Debbie Ln, Mansfield, TX 76063
    • Storage Hut — 355 Russell Ln, Mansfield, TX 76063

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2028
    Latitude
    32.5724

    FAQs

    What type of property is this?
    Warehouse - 12,000 square foot warehouse located on Rendon Bloodworth Road.
    Where is this warehouse located?
    The property is located at 7356 Rendon Bloodworth Rd Mansfield, TX.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: Located on Rendon Bloodworth Rd. (FM 1187).; Situated West of Bennett Lawson Rd.; Positioned West of Mansfield in Tarrant County.
    (817) 473-9393 Call to check price and availability
    More about this property
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