Industrial Warehouse
2500 Minnis Drive, Haltom City, TX 76117
For Sale
Contact for pricing
The warehouse property is identified as an industrial facility.
Property Size40,000 SF
Price / SF$100
Days on Market53
Property Features for 2500 Minnis Drive
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Property Use
Listing Agency:
Matthews
Listed By:
Drew Boroughs · License TX #726278
(903) 539-9971
Source:
Crexi
Added: Sep 24
Changed: Nov 10
Last Checked: Nov 14 at 4:45AM
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 Matthews
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial warehouse facility contains approximately 40,000 SF. The property is offered for sale and carries an 8% pro forma cap rate.
Key Highlights
- Approximately 40,000 SF of warehouse space
- 8% pro forma cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$278,154
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,563,080
$5.6M
Cap Rate 7%
$3,973,629
$4.0M
Cap Rate 9%
$3,090,600
$3.1M
Market Conditions
NOI Build-Up for 40,000 SF
Gross rent
$360.0K $9.00/SF
− Vacancy
−$32.8K −$0.82/SF
EGI
$327.2K $8.18/SF
− OpEx
−$49.1K −$1.23/SF
NOI
$278.2K $6.95/SF
Area
Tarrant 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%
$5,563,080
Cap Rate 7%
$3,973,629
Cap Rate 9%
$3,090,600
Alternative Uses
Best Use
Warehouse
$3.97M
$3.48M – $4.64M
NOI $278,154 @ 7.0% cap · market cap 6.95%
Second Best
Industrial
$3.22M
$2.82M – $3.76M
NOI $225,540 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$14.07M
$12.31M – $16.42M
NOI $984,960 @ 7.0% cap · market cap 24.62%
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
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$185,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Tarrant County, TX
Properties on Market for Warehouses in Tarrant County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - The warehouse property is identified as an industrial facility.
Where is this warehouse located?
The property is located at 2500 Minnis Drive Haltom City, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Approximately 40,000 SF of warehouse space; 8% pro forma cap rate
