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    Freestanding Industrial Building For Sale Title is generated by Realmo AI

    4701 S Edgewood Ter, Fort Worth, TX

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    Freestanding industrial building with easy access in a great location.

    Type:INDUSTRIAL
    Property size:
    24,180 SF
    Lot size:
    2.46 Acres
    Price / SF:
    $105/SF
    Added:
    Apr 10, 2024
    Days on Market:
    803
    Last Refresh:
    May 20 at 8:49 pm

    Property Features for 4701 S Edgewood Ter

    General Information

    Standard status
    Active
    Size
    24,180 SF
    Lot size
    2.46 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Payne Pittman

    Listing agent Payne Pittman

    Listing office PMW Realty Partners

    Listing date Apr 10, 2024

    Source Moodyscre

    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 PMW Realty Partners

    HighLights

    • Free standing industrial building
    • Property for sale
    • Great location
    • Easy access

    Overview

    A freestanding industrial building is available for sale. The property offers convenient access and is situated in a favorable location. The building has a size of 24180 square feet.

    Local Financial Insights For Warehouse

    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 $217.6k $9.00
    − Vacancy −$20.7k −$0.86
    EGI $196.9k $8.15
    − OpEx −$29.5k −$1.22
    NOI $167.4k $6.92
    24,180 SF · lease $9.00/SF/yr · vacancy 9.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.39M
    $2.09M – $2.79M (±1% cap)
    NOI $167,404 @ 7.0% cap · market cap 6.59%
    Second Best
    Industrial
    $2.18M
    $1.91M – $2.54M (±1% cap)
    NOI $152,568 @ 7.0% cap · market cap 6.01%
    Theoretical Best
    Office A
    $8.78M
    $7.69M – $10.25M (±1% cap)
    NOI $614,849 @ 7.0% cap · market cap 24.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Terra-Vaults Distribution Center

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Acevedo Self Storage Facility — 5074 Nell St, Fort Worth, TX 76119
    • Sure Storage — 5401 Wilbarger St, Fort Worth, TX 76119

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2525
    Latitude
    32.6936

    FAQs

    What type of property is this?
    Warehouse - Freestanding industrial building with easy access in a great location.
    Where is this warehouse located?
    The property is located at 4701 S Edgewood Ter Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $2,538,900.
    What are key features of this property?
    This property features: Free standing industrial building; Property for sale; Great location
    (817) 588-3500 Call to check price and availability
    More about this property
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