Multi-Use Flex Warehouse
103 W Broad Forney, TX 75126
103 W Broad, Forney, TX, 75126
$1,400,000
For Sale
$1,400,000
Flexible showroom and warehouse space with front and rear roll-up doors plus office area and parking to support adaptable operations.
Property Size5,000 SF
Price / SF$280
Days on Market49
Property Features for 103 W Broad
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1933
Listing agency
Keller Williams Rockwall
(214) 325-3646
Listed by
Cindy Miller · License #0481033
(214) 325-3646
Source
Signaturere
Added: Jun 3 Updated: Jul 10 at 3:59PM Checked: Jul 20 at 4:42AM
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 Keller Williams Rockwall
Investment Insights
Based on property information with market context.
This multi-use building combines a front showroom office setup with warehouse space designed for convenient access. The office portion features six offices, a restroom, and laminate flooring, supported by large windows on both the front and rear. Warehouse access is provided by roll-up doors at both the front and back, and the property also includes a coffee bar area for an onsite customer or staff experience.
The building is located at 103 W Broad in Forney, Texas, on a busy Broad Street. In addition to the primary frontage, there is additional parking available at the rear of the property.
With showroom-style office space alongside warehouse functionality, the layout can support a range of retail and service users that benefit from both customer-facing space and flexible back-of-house operations. The tenant pays all utilities and internet that support their business, and prospective parties are encouraged to verify all details related to the property.
The building is located at 103 W Broad in Forney, Texas, on a busy Broad Street. In addition to the primary frontage, there is additional parking available at the rear of the property.
With showroom-style office space alongside warehouse functionality, the layout can support a range of retail and service users that benefit from both customer-facing space and flexible back-of-house operations. The tenant pays all utilities and internet that support their business, and prospective parties are encouraged to verify all details related to the property.
Key Highlights
- Multiple‑use building built in 1933 on busy Broad Street, offering flexible showroom and warehouse space
- Approximately 5,000 SF with front and rear roll‑up doors for warehouse access
- Front showroom/office area includes 6 offices and restroom
Local 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 | $153.6k | $30.72 |
| − Vacancy | −$38.9k | −$7.77 |
| EGI | $114.7k | $22.95 |
| − OpEx | −$28.7k | −$5.74 |
| NOI | $86.1k | $17.21 |
5,000 SF · lease $30.72/SF/yr · vacancy 25.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.08M – $1.43M
NOI $86,054 @ 7.0% cap · market cap 6.15%
Second Best
Warehouse
$496.7K
$434.6K – $579.5K
NOI $34,769 @ 7.0% cap · market cap 2.48%
Theoretical Best
Multifamily LT 5
$62.93M
$55.06M – $73.42M
NOI $4,404,907 @ 7.0% cap · market cap 314.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
FORNEY RADIATOR & DPF ...
Auto Repair Shop
DPF Alternatives Waco
Auto Repair Shop
Vio Custom Collections
(Bike/Boat/Book/etc) Store
Home Sweet Home ...
Furniture & Home Goods
Surrell Heating & Air
HVAC Service
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flexible showroom and warehouse space with front and rear roll-up doors plus office area and parking to support adaptable operations.
Where is this flex space located?
The property is located at 103 W Broad Forney, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Multiple‑use building built in 1933 on busy Broad Street, offering flexible showroom and warehouse space; Approximately 5,000 SF with front and rear roll‑up doors for warehouse access; Front showroom/office area includes 6 offices and restroom
