Freestanding Open-Span
For Sale
$200,000
3501 S Henderson St, Fort Worth, TX 76110
Freestanding warehouse with an open-span interior and no interior support columns.
Property Size1,440 SF
Price / SF$138.89
Days on Market58
Property Features for 3501 S Henderson St
General Information
Standard status
Active
Size
1,440 SF
Property Condition
Severity
Repairs Needed
Evidence
requires some immediate capital improvements and cosmetic updates
Additional Details
Clear Span
Yes
Building Details
Year Built
1945
Listing Agency:
OnDemand Realty
Listed By:
Ron Powell · License #0793174
(214) 766-5833
Source:
Heritance
Added: Aug 19
Changed: Oct 7
Last Checked: Oct 15 at 4:01AM
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 OnDemand Realty
Investment Insights
Based on property information with market context.
This freestanding warehouse contains approximately 1,440 square feet and was built in 1945. Its open interior configuration has no interior pillars, providing an unobstructed floor area for storage, production, or other warehouse functions. The property requires capital improvements and cosmetic updating, offering a straightforward redevelopment scope for a new owner.
Located at 3501 S Henderson St in Fort Worth, the facility is near TCU. Its central Fort Worth setting provides access to the surrounding area and regional transportation routes.
Located at 3501 S Henderson St in Fort Worth, the facility is near TCU. Its central Fort Worth setting provides access to the surrounding area and regional transportation routes.
Key Highlights
- Approximately 1,440 square feet of warehouse space
- Open‑span interior with zero interior pillars
- Freestanding facility at 3501 S Henderson St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,969
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,380
$199.4K
Cap Rate 7%
$142,414
$142.4K
Cap Rate 9%
$110,767
$110.8K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$13.0K $9.00/SF
− Vacancy
−$1.2K −$0.86/SF
EGI
$11.7K $8.15/SF
− OpEx
−$1.8K −$1.22/SF
NOI
$10.0K $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 Rate 5%
$199,380
Cap Rate 7%
$142,414
Cap Rate 9%
$110,767
Alternative Uses
Best Use
Warehouse
$142.4K
$124.6K – $166.2K
NOI $9,969 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$523.1K
$457.7K – $610.3K
NOI $36,616 @ 7.0% cap · market cap 18.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
552
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse with an open-span interior and no interior support columns.
Where is this warehouse located?
The property is located at 3501 S Henderson St Fort Worth, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Approximately 1,440 square feet of warehouse space; Open‑span interior with zero interior pillars; Freestanding facility at 3501 S Henderson St
