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Fort Worth Office/Industrial Property
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3300 Joyce Dr, Fort Worth, TX 76116

Office or light industrial property with easy highway access.

Property Size5,075 SF
Price / SF$216.75
Days on Market215

Property Features for 3300 Joyce Dr

General Information

Standard status Active
Size 5,075 SF
Property subtype Office
Occupancy 100%

Building Details

Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Worth Commercial Real Estate
Listed By: Jerry Bolz · License #525396
Source: Crexi
Added: Mar 13 Changed: Sep 30 Last Checked: Oct 12 at 6:30PM

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 Worth Commercial Real Estate

Investment Insights

Based on property information with market context.

Located in the Western Hills/Ridglea area of Fort Worth, this property is suitable for office or light industrial use. It offers convenient access to I-30, Camp Bowie, and I-20, and is within one hour of DFW International Airport. The property includes reserved and unreserved parking, a shared conference room, and two shared break rooms. The back of the property features a secure, fenced parking and storage area. The property has a size of 5075 square feet and is currently 100% leased. Nearby amenities and public transportation options enhance its appeal for businesses seeking convenience and connectivity.

Key Highlights

  • 100% Leased: Great investment opportunity.
  • Excellent accessibility to I‑30, Camp Bowie and I‑20.
  • Suitable for Office or Light Industrial Use.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$88,495
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,900 $1.8M
Cap Rate 7%
$1,264,214 $1.3M
Cap Rate 9%
$983,278 $983.3K
Market Conditions
NOI Build-Up for 5,075 SF
Gross rent
$152.3K $30.00/SF
− Vacancy
−$34.3K −$6.75/SF
EGI
$118.0K $23.25/SF
− OpEx
−$29.5K −$5.81/SF
NOI
$88.5K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,900
Cap Rate 7%
$1,264,214
Cap Rate 9%
$983,278

Alternative Uses

Best Use
Office B
$1.26M
$1.11M – $1.47M (±1% cap)
NOI $88,495 @ 7.0% cap · market cap 8.05%
Second Best
Flex RnD
$588.5K
$515.0K – $686.6K (±1% cap)
NOI $41,198 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $129,047 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Locations Photography Photography Service Petrovich & Giraud Law Firm Solvang Building Corporation Construction Company

Suggested Use

Top Pick Pharmacy Storage Facility Parking Lot & Garage Big Box & Wholesale Store Cafe & Coffee Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby

Demographics for 76116, TX

51,639
Population
25,808
Households
2
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.3 sq mi
ZIP Area
4,198
Density / Sq Mi
$54,738
Median Household Income
$39,040
Median Earnings
$1,205
Median Rent
$286,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Fort Worth, TX

11.4% 2019
13.5% 2020
12.1% 2021
13.5% 2022
12.7% 2023
13.1% 2024
11.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office or light industrial property with easy highway access.
Where is this office units located?
The property is located at 3300 Joyce Dr Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 100% Leased: Great investment opportunity.; Excellent accessibility to I‑30, Camp Bowie and I‑20.; Suitable for Office or Light Industrial Use.
(817) 808-8997 Call to check price and availability
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