Warehouse with Grade Level
For Sale
Contact for pricing
301 Missouri Ave, Fort Worth, TX 76104
Industrial warehouse offers a reception area, two offices, and two 10x10 grade level doors, plus covered production space.
Property Size3,000 SF
Price / SF$133.33
Days on Market126
Property Features for 301 Missouri Ave
General Information
Standard status
Active
Size
3,000 SF
Class
B
Property subtype
Industrial, Office
Additional Details
Highway Access
Yes
Drive-In Doors
2
Building Details
Year Built
1962
Year Renovated
2010
Buildings
1
Stories
1
Listing Agency:
Colonial Commercial Real Estate LLC
Listed By:
Michael Berkowitz · License #9001810
(817) 632-6200
Source:
Crexi
Added: May 3
Changed: Aug 24
Last Checked: Sep 4 at 2:11PM
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 Colonial Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This industrial warehouse includes a 3,000 SF building along with an additional 3,000 SF covered production area. Interior improvements feature a reception area and two offices, with convenient access provided by two 10x10 grade level doors.
The property is described as having excellent visibility and easy highway access, supporting a range of warehouse and light industrial needs.
Overall, the layout combines office support with covered production space and multiple grade level entry points for practical day-to-day operations.
The property is described as having excellent visibility and easy highway access, supporting a range of warehouse and light industrial needs.
Overall, the layout combines office support with covered production space and multiple grade level entry points for practical day-to-day operations.
Key Highlights
- 3,000 SF industrial warehouse with an additional 3,000 SF covered production area
- Reception area plus two offices
- Two 10x10 grade level doors for convenient access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,770
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,400
$415.4K
Cap Rate 7%
$296,714
$296.7K
Cap Rate 9%
$230,778
$230.8K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$27.0K $9.00/SF
− Vacancy
−$2.6K −$0.86/SF
EGI
$24.4K $8.15/SF
− OpEx
−$3.7K −$1.22/SF
NOI
$20.8K $6.92/SF
Area
Fort Worth, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,400
Cap Rate 7%
$296,714
Cap Rate 9%
$230,778
Alternative Uses
Best Use
Warehouse
$296.7K
$259.6K – $346.2K
NOI $20,770 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$953.6K – $1.27M
NOI $76,284 @ 7.0% cap · market cap 19.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76104, TX
21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse offers a reception area, two offices, and two 10x10 grade level doors, plus covered production space.
Where is this warehouse located?
The property is located at 301 Missouri Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3,000 SF industrial warehouse with an additional 3,000 SF covered production area; Reception area plus two offices; Two 10x10 grade level doors for convenient access
