Flex Warehouse with
For Sale
Contact for pricing
1465 E Renfro Street #113, Burleson, TX 76028
Flex unit includes about 1,000 sqft warehouse space plus a small finished office with private bathroom.
Property Size1,150 SF
Price / SF$1.13
Days on Market93
Property Features for 1465 E Renfro Street #113
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Industrial
Building Details
Year Built
1985
Listing Agency:
HAMILTON LEGACY REALTY
(817) 930-2593
Listed By:
Tyler Hamilton
(817) 487-9838
Source:
Lonestarluxuryrealty
Added: Jul 22
Changed: Oct 10
Last Checked: Oct 20 at 10:48PM
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 HAMILTON LEGACY REALTY
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Investment Insights
Based on property information with market context.
This flex space unit includes a warehouse area with approximately 1,000 square feet and a small built-out office. The warehouse has a grade-level single overhead door and side access via a man door, along with a private bathroom.
The office is finished with vinyl plank flooring and fresh paint and includes one private office plus 1 AC.
The property is positioned for convenient access to multiple main highways, offering proximity to the broader metroplex while avoiding higher metroplex rental rates.
The office is finished with vinyl plank flooring and fresh paint and includes one private office plus 1 AC.
The property is positioned for convenient access to multiple main highways, offering proximity to the broader metroplex while avoiding higher metroplex rental rates.
Key Highlights
- Flex space in Burleson with approximately 1,000 sqft of warehouse plus a small finished office
- Warehouse includes a grade‑level single overhead door
- Side access via a man door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,631
Suggested Prices Based on Cap Rates
Cap Rate 5%
$112,620
$112.6K
Cap Rate 7%
$80,443
$80.4K
Cap Rate 9%
$62,567
$62.6K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$9.2K $8.04/SF
− Vacancy
−$582 −$0.51/SF
EGI
$8.7K $7.53/SF
− OpEx
−$3.0K −$2.64/SF
NOI
$5.6K $4.90/SF
Area
Johnson County, TX
Vacancy
6.30%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$112,620
Cap Rate 7%
$80,443
Cap Rate 9%
$62,567
Alternative Uses
Best Use
Warehouse
$114.2K
$100.0K – $133.3K
NOI $7,997 @ 7.0% cap · market cap 615.15%
Second Best
Industrial
$84.9K
$74.3K – $99.0K
NOI $5,942 @ 7.0% cap · market cap 457.08%
Theoretical Best
Multifamily LT 5
$13.78M
$12.06M – $16.08M
NOI $964,925 @ 7.0% cap · market cap 74,225.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 76028, TX
74,023
Population
27,928
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
77.5 sq mi
ZIP Area
955
Density / Sq Mi
$100,125
Median Household Income
$53,464
Median Earnings
$1,691
Median Rent
$294,500
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex unit includes about 1,000 sqft warehouse space plus a small finished office with private bathroom.
Where is this flex space located?
The property is located at 1465 E Renfro Street #113 Burleson, TX.
What are key features of this property?
This property features: Flex space in Burleson with approximately 1,000 sqft of warehouse plus a small finished office; Warehouse includes a grade‑level single overhead door; Side access via a man door
