Two-Building Warehouse
For Sale
Contact for pricing
200 E Daggett Ave, Fort Worth, TX 76104
Two warehouse buildings totaling 5,244 and 8,542 SF, including a warehouse with a newly coated roof from April 2022.
Property Size19,200 SF
Price / SF$83.33
Days on Market1399
Property Features for 200 E Daggett Ave
General Information
Standard status
Active
Size
19,200 SF
Property subtype
LAND
Listing Agency:
Team & Vasseur Commercial Real Estate
(817) 335-7575
Listed By:
Nathan Vasseur
(682) 429-7400
Source:
Moodyscre
Added: Nov 17, 2022
Changed: Sep 4
Last Checked: Sep 15 at 10:08AM
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 Team & Vasseur Commercial Real Estate
Investment Insights
Based on property information with market context.
The property includes two buildings on-site at 200 E Daggett Ave. One building is a two-story structure with approximately 5,244 SF. The second building is a warehouse totaling approximately 8,542 SF and received a new roof coating in April 2022.
This is a for-sale offering, with the seller requiring a lease-back for six months after closing, with the rate to be negotiated.
Overall, the site provides two separate warehouse configurations within the same improved property.
This is a for-sale offering, with the seller requiring a lease-back for six months after closing, with the rate to be negotiated.
Overall, the site provides two separate warehouse configurations within the same improved property.
Key Highlights
- Two warehouse buildings on site: 201 East Daggett Avenue (5,244 SF +/-) and 206 East Daggett Avenue (8,542 SF +/-)
- 206 East Daggett Avenue warehouse includes a new roof coating completed in April 2022
- 201 East Daggett Avenue is a two‑story building with 5,244 SF (+/-)
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
$132,926
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
8.31%
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%
$2,658,520
$2.7M
Cap Rate 7%
$1,898,943
$1.9M
Cap Rate 9%
$1,476,956
$1.5M
Market Conditions
NOI Build-Up for 19,200 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
$172.8K $9.00/SF
− Vacancy
−$16.4K −$0.86/SF
EGI
$156.4K $8.15/SF
− OpEx
−$23.5K −$1.22/SF
NOI
$132.9K $6.92/SF
Area
Fort Worth, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
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%
$2,658,520
Cap Rate 7%
$1,898,943
Cap Rate 9%
$1,476,956
Alternative Uses
Best Use
Warehouse
$1.90M
$1.66M – $2.22M
NOI $132,926 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.97M
$6.10M – $8.14M
NOI $488,218 @ 7.0% cap · market cap 30.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,294
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76104, TX
21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Two warehouse buildings totaling 5,244 and 8,542 SF, including a warehouse with a newly coated roof from April 2022.
Where is this warehouse located?
The property is located at 200 E Daggett Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two warehouse buildings on site: 201 East Daggett Avenue (5,244 SF +/-) and 206 East Daggett Avenue (8,542 SF +/-); 206 East Daggett Avenue warehouse includes a new roof coating completed in April 2022; 201 East Daggett Avenue is a two‑story building with 5,244 SF (+/-)
