Fort Worth Warehouse with
2312 Decatur Ave Fort Worth, TX 76106
For Sale
Contact for pricing
Warehouse with office, dock well, and secure outside yard.
Property Size11,750 SF
Price / SF$107.66
Days on Market892
Property Features for 2312 Decatur Ave
General Information
- Standard status
- Active
- Size
- 11,750 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing Agency:
Chase Realty DFW
(817) 614-6833
Listed By:
Chase Hall · License #TX 0593134
Source:
Crexi
Added: Feb 15, 2024
Changed: Jul 6
Last Checked: Jul 25 at 9:52AM
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 Chase Realty DFW
Investment Insights
Based on property information with market context.
This property, located approximately 3 miles from downtown Fort Worth and 5 miles from I35w, features a warehouse with an office space of approximately 1,200 square feet. The warehouse has a clear height ranging from 17 to 20 feet and includes a dock well. There are two 12-foot by 12-foot grade-level doors and three 14-foot by 14-foot grade-level doors. The property also offers a secure outside yard of approximately 15,000 square feet. A furnace is installed in the warehouse, which also features Big Ass Fans.
Key Highlights
- + 15,000 SF Secure Outside Yard
- Conveniently located just 3 miles from downtown Fort Worth & 5 miles from I35w
- Benefit from the + 17’ - 20’ Clear Height
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 | $105.8k | $9.00 |
| − Vacancy | −$10.0k | −$0.86 |
| EGI | $95.7k | $8.15 |
| − OpEx | −$14.4k | −$1.22 |
| NOI | $81.3k | $6.92 |
11,750 SF · lease $9.00/SF/yr · vacancy 9.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.16M
$1.02M – $1.36M
NOI $81,348 @ 7.0% cap · market cap 6.43%
Second Best
Industrial
$1.06M
$926.7K – $1.24M
NOI $74,139 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$4.27M
$3.73M – $4.98M
NOI $298,779 @ 7.0% cap · market cap 23.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Awh
Storage Facility
Similar Off Market Nearby
- Awh — 2312 Decatur Ave, Fort Worth, TX 76106
- Self Storage — 829 E Exchange Ave, Fort Worth, TX 76164
- Adm Grain — 131 E Exchange Ave Suite 106, Fort Worth, TX 76164
FAQs
What type of property is this?
Warehouse - Warehouse with office, dock well, and secure outside yard.
Where is this warehouse located?
The property is located at 2312 Decatur Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,265,000.
What are key features of this property?
This property features: + 15,000 SF Secure Outside Yard; Conveniently located just 3 miles from downtown Fort Worth & 5 miles from I35w; Benefit from the + 17’ - 20’ Clear Height
