Office Warehouse with Overhead
For Sale
$500,000
3212 S Main Street, Fort Worth, TX 76110
Office-warehouse with 12x12 electric overhead doors, 3-phase power, fenced and gated site, and office warehouse space plus storage.
Property Size3,600 SF
Price / SF$138.89
Days on Market15
Property Features for 3212 S Main Street
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Industrial
Building Details
Year Built
2006
Listing Agency:
AdVal Analytics
(817) 769-4060
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Jul 25
Changed: Aug 8
Last Checked: Aug 8 at 9:41AM
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 AdVal Analytics
Investment Insights
Based on property information with market context.
This office warehouse property includes an original 1966 building with a 2006 addition. The facility features two grade-level 12x12 Lift Master electric overhead doors and 3-phase power. There is 3,600 sf of first-floor office warehouse space, with additional storage available on both the first and second floors. The site is fenced and gated, and the most recent certificate of occupancy is for office warehouse use.
The property is for sale and offers excellent access to IH-35W and the interstate freeway system.
With its grade-level loading access and dedicated office warehouse improvements, the building can accommodate owner-user or tenant occupancy needs while keeping storage space available across two floors.
The property is for sale and offers excellent access to IH-35W and the interstate freeway system.
With its grade-level loading access and dedicated office warehouse improvements, the building can accommodate owner-user or tenant occupancy needs while keeping storage space available across two floors.
Key Highlights
- Office‑warehouse with 3,600 SF of first‑floor office warehouse space
- Two grade‑level 12x12 LiftMaster electric overhead doors
- 3‑phase power and fenced, gated site
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
$24,924
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
4.98%
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%
$498,480
$498.5K
Cap Rate 7%
$356,057
$356.1K
Cap Rate 9%
$276,933
$276.9K
Market Conditions
NOI Build-Up for 3,600 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
$32.4K $9.00/SF
− Vacancy
−$3.1K −$0.86/SF
EGI
$29.3K $8.15/SF
− OpEx
−$4.4K −$1.22/SF
NOI
$24.9K $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%
$498,480
Cap Rate 7%
$356,057
Cap Rate 9%
$276,933
Alternative Uses
Best Use
Office B
$896.8K
$784.7K – $1.05M
NOI $62,775 @ 7.0% cap · market cap 12.56%
Second Best
Warehouse
$356.1K
$311.6K – $415.4K
NOI $24,924 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M
NOI $91,541 @ 7.0% cap · market cap 18.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76110, TX
29,858
Population
12,497
Households
2.4
Avg Household Size
33
Median Age
29%
College-Educated
68%
High-School Grad
5.7 sq mi
ZIP Area
5,238
Density / Sq Mi
$68,435
Median Household Income
$36,262
Median Earnings
$1,255
Median Rent
$239,200
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Next Generation Moving — 3245 Stuart Dr, Fort Worth, TX 76110
- Commercial Recorder — 3032 S Jones St, Fort Worth, TX 76104
- Self-Storage at U-Haul — 2936 South Fwy, Fort Worth, TX 76104
Frequently Asked Questions
What type of property is this?
Warehouse - Office-warehouse with 12x12 electric overhead doors, 3-phase power, fenced and gated site, and office warehouse space plus storage.
Where is this warehouse located?
The property is located at 3212 S Main Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Office‑warehouse with 3,600 SF of first‑floor office warehouse space; Two grade‑level 12x12 LiftMaster electric overhead doors; 3‑phase power and fenced, gated site
