Flex-Industrial Condo with
For Sale
$629,000
13021 Harmon Road 401, Fort Worth, TX 76177
Adaptable ownership opportunity combining finished office areas, production space, and warehouse functionality in a contemporary setting.
Property Size2,480 SF
Days on Market48
Property Features for 13021 Harmon Road 401
General Information
Standard status
Active
Size
2,480 SF
Property subtype
Office
Site & Location
Neighborhood
Far North Fort Worth
Taxes and HOA fees
Annual Taxes
$5,995
Building Details
Building Size
2,480 SF
Year Built
2024
Listing Agency:
Roots Real Estate Co.
Listed By:
Nathan Kurth · License #0663829
(817) 223-7632
Source:
Nilesrealtygroup
Added: Sep 8
Changed: Oct 18
Last Checked: Oct 24 at 10:49PM
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 Roots Real Estate Co.
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Investment Insights
Based on property information with market context.
Built in 2024, this flex-industrial condo combines finished office, creative, and production areas with practical warehouse capability. The main level includes an open workspace with polished concrete flooring, exposed ceilings and ductwork, upgraded lighting, and contemporary finishes. A full kitchen is equipped with a center island, cabinetry, stainless appliances, and substantial counter space. The adjoining open production area includes an overhead door and is currently configured for photography and video work.
An open staircase leads to approximately 800 SF of additional finished area on the second floor. That level provides office space, a private meeting room, storage, and additional adaptable workspace. Glass doors, a wood-slat accent wall, and modern lighting carry the property's contemporary design through the interior.
The property is located in the North Fort Worth Alliance corridor and offers a combination of professional presentation and industrial utility for an owner-user or operating business.
An open staircase leads to approximately 800 SF of additional finished area on the second floor. That level provides office space, a private meeting room, storage, and additional adaptable workspace. Glass doors, a wood-slat accent wall, and modern lighting carry the property's contemporary design through the interior.
The property is located in the North Fort Worth Alliance corridor and offers a combination of professional presentation and industrial utility for an owner-user or operating business.
Key Highlights
- Flex‑industrial condo built in 2024
- Approximately 800 SF of finished second‑floor space
- Open production area with overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,245
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,900
$864.9K
Cap Rate 7%
$617,786
$617.8K
Cap Rate 9%
$480,500
$480.5K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$74.4K $30.00/SF
− Vacancy
−$16.7K −$6.75/SF
EGI
$57.7K $23.25/SF
− OpEx
−$14.4K −$5.81/SF
NOI
$43.2K $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 Rate 5%
$864,900
Cap Rate 7%
$617,786
Cap Rate 9%
$480,500
Alternative Uses
Best Use
Office B
$617.8K
$540.6K – $720.8K
NOI $43,245 @ 7.0% cap · market cap 6.88%
Second Best
Flex RnD
$287.6K
$251.7K – $335.5K
NOI $20,132 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$900.9K
$788.3K – $1.05M
NOI $63,061 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Fort Worth, TX
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 - Adaptable ownership opportunity combining finished office areas, production space, and warehouse functionality in a contemporary setting.
Where is this flex space located?
The property is located at 13021 Harmon Road 401 Fort Worth, TX.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Flex‑industrial condo built in 2024; Approximately 800 SF of finished second‑floor space; Open production area with overhead door
