Improved Flex-Industrial
For Sale
$629,000
13021 Harmon Road #401, Fort Worth, TX 76177
Two-level property combines finished office, creative workspace, and warehouse functionality with a contemporary professional buildout.
Property Size2,480 SF
Price / SF$253.63
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
Warehouse & Industrial
Office Build-Out
800 SF
Drive-In Doors
1
Amenities
full kitchen
conference room
Building Details
Year Built
2024
Listing Agency:
Roots Real Estate Co.
(817) 223-7632
Listed By:
Nathan Kurth · License #0663829
Source:
Lonestarluxuryrealty
Added: Sep 8
Changed: Oct 11
Last Checked: Oct 24 at 6:20PM
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.
This 2024 flex-industrial condominium combines polished office and creative space with functional warehouse and production areas. The first floor includes an open workspace with polished concrete floors, exposed ceilings and ductwork, upgraded lighting, contemporary finishes, and a full kitchen with a center island, cabinetry, stainless appliances, and extensive counter space. An overhead door serves the adjoining open production area, which is currently used as a photography and video studio.
A modern staircase leads to approximately 800 additional SF on the second level. The upper floor provides an office work area, private conference or meeting room, storage, and flexible workspace, complemented by glass doors and a wood-slat accent wall. The property is located at 13021 Harmon Road #401 in Fort Worth’s North Fort Worth Alliance corridor.
A modern staircase leads to approximately 800 additional SF on the second level. The upper floor provides an office work area, private conference or meeting room, storage, and flexible workspace, complemented by glass doors and a wood-slat accent wall. The property is located at 13021 Harmon Road #401 in Fort Worth’s North Fort Worth Alliance corridor.
Key Highlights
- 2024 flex‑industrial condominium at 13021 Harmon Road #401
- 2,480 SF property with approximately 800 additional SF on the second level
- Open production area with substantial ceiling height and an 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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Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Well-served
Demand for This Use
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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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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 - Two-level property combines finished office, creative workspace, and warehouse functionality with a contemporary professional buildout.
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: 2024 flex‑industrial condominium at 13021 Harmon Road #401; 2,480 SF property with approximately 800 additional SF on the second level; Open production area with substantial ceiling height and an overhead door
