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Versatile Commercial Property For Sale
For Sale
$445,000

1403 Oak Knoll Drive, Haltom City, TX 76117

5,000+ sq ft commercial building near Airport Freeway.

Property Size5,000 SF
Price / SF$89
Days on Market100

Property Features for 1403 Oak Knoll Drive

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial

Building Details

Year Built 1965
Listing Agency: Allegiant Realty
Listed By: Yanlin Qian · License #0685637
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 25 at 2:31PM

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 Allegiant Realty

Investment Insights

Based on property information with market context.

This commercial property offers over 5,000 sq ft of space, situated on a lot moments from Airport Freeway. The building is designed for functionality and flexibility, suitable for entrepreneurs, investors, and various trades. It features four offices for administration, meetings, or client consultations, along with open storage or workspace. Commercial-grade insulated garage doors facilitate vehicle access, deliveries, and handling of large equipment. Heating and cooling systems ensure a comfortable working environment throughout the year. Durable cement flooring provides practical, long-term use. Ample space is available for multiple vehicles, workbenches, shelving, or inventory management. This property is suitable for expanding an existing operation or launching a small business.

Key Highlights

  • Prime location moments from Airport Freeway.
  • Over 5,000 sq ft of open storage or workspace.
  • Four spacious offices.

Financial Insights For Warehouse

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 $45.0k $9.00
− Vacancy −$4.1k −$0.82
EGI $40.9k $8.18
− OpEx −$6.1k −$1.23
NOI $34.8k $6.95
5,000 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$784.5K
$686.4K – $915.2K (±1% cap)
NOI $54,912 @ 7.0% cap · market cap 12.34%
Second Best
Warehouse
$496.7K
$434.6K – $579.5K (±1% cap)
NOI $34,769 @ 7.0% cap · market cap 7.81%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $123,120 @ 7.0% cap · market cap 27.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76117, TX

33,398
Population
12,793
Households
2.6
Avg Household Size
34
Median Age
12%
College-Educated
71%
High-School Grad
10.9 sq mi
ZIP Area
3,064
Density / Sq Mi
$49,041
Median Household Income
$34,111
Median Earnings
$1,205
Median Rent
$185,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Khoury's Kitchen — 5740 Highland Ave, Haltom City, TX 76117
  • El Calentano Meat Market — 5144 E Belknap St, Haltom City, TX 76117
  • Tiff's Kitchen — 5809 Hadley St, Haltom City, TX 76117

Frequently Asked Questions

What type of property is this?
Flex space - 5,000+ sq ft commercial building near Airport Freeway.
Where is this flex space located?
The property is located at 1403 Oak Knoll Drive Haltom City, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Prime location moments from Airport Freeway.; Over 5,000 sq ft of open storage or workspace.; Four spacious offices.
More about this property
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