Multi-Tenant Warehouse Flex
3216-3220 S Jones Street Fort Worth, TX 76110
For Sale
Contact for pricing
Multi-tenant masonry flex warehouse with four grade level overhead doors and office buildout across three suites.
Property Size8,054 SF
Price / SF$123.54
Days on Market93
Property Features for 3216-3220 S Jones Street
General Information
- Standard status
- Active
- Size
- 8,054 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1976
Listing Agency:
Team & Vasseur
(682) 429-7400
Listed By:
Nathan Vasseur · License #TX
Source:
Crexi
Added: Apr 23
Changed: Jul 21
Last Checked: Jul 23 at 8:27AM
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 Team & Vasseur
Investment Insights
Based on property information with market context.
3216-3220 S. Jones Street is an 8,054 SF (+/-) masonry industrial/flex property built in 1976 and currently demised into three functional suites. The layout combines warehouse space with practical office buildout, including private offices, reception, and a meeting room in the central suite, while each bay provides warehouse areas suitable for light industrial, storage, or service-oriented use. The property also features four grade level overhead doors.
The building sits on approximately 12,500 SF of land and offers immediate access to Interstate 35W, supporting efficient north-south connectivity throughout the DFW Metroplex. It is located just south of Downtown Fort Worth within an infill corridor, placing it near the business core and surrounding industrial districts.
For investors or owner-users seeking flexibility, the existing three-suite configuration provides separate operational spaces within a single industrial/flex facility, complemented by the warehouse/office mix and grade level door access.
The building sits on approximately 12,500 SF of land and offers immediate access to Interstate 35W, supporting efficient north-south connectivity throughout the DFW Metroplex. It is located just south of Downtown Fort Worth within an infill corridor, placing it near the business core and surrounding industrial districts.
For investors or owner-users seeking flexibility, the existing three-suite configuration provides separate operational spaces within a single industrial/flex facility, complemented by the warehouse/office mix and grade level door access.
Key Highlights
- 1976 multi‑tenant masonry industrial/flex building totaling 8,054 SF (+/-) on approximately 12,500 SF of land
- Demised into three functional suites, offering flexibility for an investor or owner/user (see included floorplan for suite sizes and layout)
- Four grade level overhead doors serving the warehouse bays
Financial Insights For Flex RnD
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 | $111.1k | $13.80 |
| − Vacancy | −$10.6k | −$1.31 |
| EGI | $100.6k | $12.49 |
| − OpEx | −$35.2k | −$4.37 |
| NOI | $65.4k | $8.12 |
8,054 SF · lease $13.80/SF/yr · vacancy 9.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.34M
NOI $140,442 @ 7.0% cap · market cap 14.11%
Second Best
Flex RnD
$934.0K
$817.3K – $1.09M
NOI $65,381 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$2.93M
$2.56M – $3.41M
NOI $204,797 @ 7.0% cap · market cap 20.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Tasty Snacks — 3030 Bryan Ave, Fort Worth, TX 76110
- A P Catering — 3030 Bryan Ave, Fort Worth, TX 76110
- Provo's BBQ — 2729 S Grove St, Fort Worth, TX 76104
FAQs
What type of property is this?
Flex space - Multi-tenant masonry flex warehouse with four grade level overhead doors and office buildout across three suites.
Where is this flex space located?
The property is located at 3216-3220 S Jones Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 1976 multi‑tenant masonry industrial/flex building totaling 8,054 SF (+/-) on approximately 12,500 SF of land; Demised into three functional suites, offering flexibility for an investor or owner/user (see included floorplan for suite sizes and layout); Four grade level overhead doors serving the warehouse bays
