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    Fort Worth Warehouse with Yard Title is generated by Realmo AI

    2312 Decatur Ave, Fort Worth, TX 76106

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    Warehouse with office, dock well, and secure outside yard.

    Type:Industrial
    Property size:
    11,750 SF
    Price / SF:
    $110/SF
    Added:
    Feb 15, 2024
    Days on Market:
    847
    Last Refresh:
    May 12 at 8:43 pm

    Property Features for 2312 Decatur Ave

    General Information

    Standard status
    Active
    Size
    11,750 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1979

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    Listing Contact
    Chase Hall

    Listing agent Chase Hall License #TX 0593134

    Listing office Chase Realty DFW

    Listing date Feb 15, 2024

    Source Crexi

    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

    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
    • Multiple Grade Level Doors: (2) 12’x12’ & (3) 14’x14’
    • Dock Well for Efficient Loading/Unloading
    • Includes + 1,200 SF Office Space

    Overview

    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.

    Local 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 (±1% cap)
    NOI $81,348 @ 7.0% cap · market cap 6.26%
    Second Best
    Industrial
    $1.06M
    $926.7K – $1.24M (±1% cap)
    NOI $74,139 @ 7.0% cap · market cap 5.70%
    Theoretical Best
    Office A
    $4.27M
    $3.73M – $4.98M (±1% cap)
    NOI $298,779 @ 7.0% cap · market cap 22.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Awh Storage Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3370153
    Latitude
    32.7874247

    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 $1,300,000.
    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
    More about this property
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