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Flex Space with Grade-Level Doors
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14151 Fm 730 N #200, Azle, TX 76020

Concrete flooring and a metal building provide a straightforward setup for warehouse, storage, or workspace use.

Property Size3,200 SF
Price / SF$0.50
Days on Market12

Property Features for 14151 Fm 730 N #200

General Information

Standard status Active
Size 3,200 SF
Property subtype Industrial

Additional Details

Road Access Yes

Amenities

concrete flooring
grade-level 2 overhead door access

Building Details

Year Built 2023
Construction metal
Listing Agency: Magnorum Realty Services, LLC
Listed By: James McDonald
Source: Magnorumrealty
Added: Oct 19 Changed: Oct 30 Last Checked: Oct 28 at 2:36PM

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 Magnorum Realty Services, LLC

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit 200 is a metal-constructed flex space with concrete floors and two grade-level overhead doors. The property is part of a commercial complex with gravel parking, including assigned and shared areas.

Key Highlights

  • Two grade‑level overhead doors
  • Concrete flooring in a metal‑constructed unit
  • Gravel parking with assigned and shared areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,252
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,040 $445.0K
Cap Rate 7%
$317,886 $317.9K
Cap Rate 9%
$247,244 $247.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$28.8K $9.00/SF
− Vacancy
−$2.6K −$0.82/SF
EGI
$26.2K $8.18/SF
− OpEx
−$3.9K −$1.23/SF
NOI
$22.3K $6.95/SF
Area
Parker County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,040
Cap Rate 7%
$317,886
Cap Rate 9%
$247,244

Alternative Uses

Best Use
Industrial
$3.18M
$2.78M – $3.71M (±1% cap)
NOI $222,580 @ 7.0% cap · market cap 13,911.25%
Second Best
Flex RnD
$335.2K
$293.3K – $391.0K (±1% cap)
NOI $23,462 @ 7.0% cap · market cap 1,466.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Grocery & Convenience Store Restaurant Kitchen & Bath Showroom

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
Well-served
Demand for This Use

Demographics for 76020, TX

33,469
Population
13,355
Households
2.5
Avg Household Size
42
Median Age
20%
College-Educated
89%
High-School Grad
64.9 sq mi
ZIP Area
516
Density / Sq Mi
$91,000
Median Household Income
$48,559
Median Earnings
$1,246
Median Rent
$272,800
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Concrete flooring and a metal building provide a straightforward setup for warehouse, storage, or workspace use.
Where is this flex space located?
The property is located at 14151 Fm 730 N #200 Azle, TX.
What are key features of this property?
This property features: Two grade‑level overhead doors; Concrete flooring in a metal‑constructed unit; Gravel parking with assigned and shared areas
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Includes: Price & PSF · Cap rate · Location · Zoning

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