Industrial Property with Heavy-Industrial
For Sale
$799,999
3115 Sabine Street, Forest Hill, TX 76119
CommercialSale, Forest Hill, TX
Property Size6,150 SF
Lot Size0.31 Acres
Price / SF$130.08
Days on Market99
Property Features for 3115 Sabine Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
HI - Heavy Industrial
Parking features
Parking Lot, On Street
Security features
Security
Subdivision
Trentman City Add
Lot features
Level
Directions
Please use GPS navigation
Standard status
Active
APN
03172511
Size
6,150 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Description
TRENTMAN CITY ADDITION BLOCK 19 LOT 18B
Legal Description
TRENTMAN CITY ADDITION BLOCK 19 LOT 18B
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1968
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding, Rock, Stone, Stucco
Roof type
Metal
Listing Agency:
Compass RE Texas, LLC
(214) 814-8100
Listed By:
Michael Karol · License #0661261
(817) 714-7769
Added: Jul 10
Changed: Oct 8
Last Checked: Oct 16 at 6:06AM
MLS# 21288301
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This industrial property at 3115 Sabine Street includes a 6,150-square-foot improvement on 0.314 acres. The building was constructed in 1968 and features metal siding, rock, stone, and stucco exterior materials, along with concrete flooring and a metal roof. Electric heating and cooling serve the property.
The site offers both a parking lot and on-street parking. Public water and public sewer are available. The City of Forest Hill identifies the property’s zoning as heavy industrial, providing a defined land-use framework for industrial operations.
The site offers both a parking lot and on-street parking. Public water and public sewer are available. The City of Forest Hill identifies the property’s zoning as heavy industrial, providing a defined land-use framework for industrial operations.
Key Highlights
- 6,150 square feet on 0.314 acres
- Heavy industrial zoning identified by the City of Forest Hill
- Constructed in 1968 with metal roof and concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,677
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,540
$693.5K
Cap Rate 7%
$495,386
$495.4K
Cap Rate 9%
$385,300
$385.3K
Market Conditions
NOI Build-Up for 6,150 SF
Gross rent
$55.4K $9.00/SF
− Vacancy
−$5.8K −$0.95/SF
EGI
$49.5K $8.06/SF
− OpEx
−$14.9K −$2.42/SF
NOI
$34.7K $5.64/SF
Area
Tarrant County, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,540
Cap Rate 7%
$495,386
Cap Rate 9%
$385,300
Alternative Uses
Best Use
Industrial
$495.4K
$433.5K – $578.0K
NOI $34,677 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,438 @ 7.0% cap · market cap 18.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 76119, TX
50,850
Population
16,697
Households
3
Avg Household Size
32
Median Age
8%
College-Educated
66%
High-School Grad
15.9 sq mi
ZIP Area
3,198
Density / Sq Mi
$46,537
Median Household Income
$29,387
Median Earnings
$1,234
Median Rent
$146,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - Existing improvement with concrete flooring, electric systems, parking, and public water and sewer service.
Where is this industrial property located?
The property is located at 3115 Sabine Street Forest Hill, TX.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: 6,150 square feet on 0.314 acres; Heavy industrial zoning identified by the City of Forest Hill; Constructed in 1968 with metal roof and concrete flooring
