End Unit Flex Warehouse
For Sale
$549,000
13053 Harmon Road 1001, Fort Worth, TX 76177
Commercial condo unit with office space, warehouse area, overhead door access, and dedicated parking.
Property Size1,995 SF
Price / SF$274.50
Days on Market43
Property Features for 13053 Harmon Road 1001
General Information
Standard status
Active
Size
1,995 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,854
Building Details
Building Size
1,995 SF
Year Built
2024
Listing Agency:
Listing Results, LLC
(817) 283-5134
Listed By:
Jack McLemore · License #0460808
Source:
Nilesrealtygroup
Added: Jul 20
Changed: Aug 15
Last Checked: Aug 30 at 10:19PM
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 Listing Results, LLC
Investment Insights
Based on property information with market context.
Commercial condominium unit located at 13053 Harmon Road, Unit 1001 in Fort Worth. The approximately 2,000-square-foot space includes office space and a warehouse area, plus a restroom with shower. The unit also features overhead door access and is positioned as an end unit. Dedicated parking is included.
Convenient access is described to I-35W and SH 114, with proximity to Alliance Airport, Alliance Town Center, and BNSF Intermodal facilities, along with surrounding industrial and commercial development.
The functional layout is described as flexible for a range of operations, including owner occupancy, office, warehouse, distribution, storage, showroom, service business, or mixed-use operations, subject to applicable zoning and condominium restrictions. Buyers are advised to verify square footage, dimensions, permitted uses, zoning, restrictions, and all property information.
Convenient access is described to I-35W and SH 114, with proximity to Alliance Airport, Alliance Town Center, and BNSF Intermodal facilities, along with surrounding industrial and commercial development.
The functional layout is described as flexible for a range of operations, including owner occupancy, office, warehouse, distribution, storage, showroom, service business, or mixed-use operations, subject to applicable zoning and condominium restrictions. Buyers are advised to verify square footage, dimensions, permitted uses, zoning, restrictions, and all property information.
Key Highlights
- Commercial condominium unit built in 2024 at 13053 Harmon Road, Unit 1001, Fort Worth
- Approx. 2,000 SF with office space and a warehouse area
- Warehouse includes restroom with shower and overhead door access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,875
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$697,500
$697.5K
Cap Rate 7%
$498,214
$498.2K
Cap Rate 9%
$387,500
$387.5K
Market Conditions
NOI Build-Up for 2,000 SF
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.
Gross rent
$60.0K $30.00/SF
− Vacancy
−$13.5K −$6.75/SF
EGI
$46.5K $23.25/SF
− OpEx
−$11.6K −$5.81/SF
NOI
$34.9K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$697,500
Cap Rate 7%
$498,214
Cap Rate 9%
$387,500
Alternative Uses
Best Use
Office B
$498.2K
$435.9K – $581.3K
NOI $34,875 @ 7.0% cap · market cap 6.35%
Second Best
Flex RnD
$231.9K
$203.0K – $270.6K
NOI $16,236 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$726.5K
$635.7K – $847.6K
NOI $50,856 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76177, TX
23,001
Population
10,140
Households
2.3
Avg Household Size
32
Median Age
48%
College-Educated
98%
High-School Grad
20.6 sq mi
ZIP Area
1,117
Density / Sq Mi
$103,990
Median Household Income
$55,635
Median Earnings
$1,726
Median Rent
$349,400
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- La cherada food truck ,Taco bar ,catering — 1925 Golden Heights Rd # 108, Fort Worth, TX 76177
- Thebuzztrailer — 1670 Harmon Rd, Fort Worth, TX 76177
Frequently Asked Questions
What type of property is this?
Flex space - Commercial condo unit with office space, warehouse area, overhead door access, and dedicated parking.
Where is this flex space located?
The property is located at 13053 Harmon Road 1001 Fort Worth, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Commercial condominium unit built in 2024 at 13053 Harmon Road, Unit 1001, Fort Worth; Approx. 2,000 SF with office space and a warehouse area; Warehouse includes restroom with shower and overhead door access
