Industrial Flex Building with
New
For Sale
$1,950,000
4764 Sandstrom Industrial Circle, Fort Worth, TX 76179
CommercialSale, Fort Worth, TX
Property Size10,200 SF
Lot Size1.70 Acres
Price / SF$191.18
Days on Market1
Property Features for 4764 Sandstrom Industrial Circle
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
OUTSIDE CITY LIMITS NO ZONING
Subdivision
Sandstrom Business Park
Lot features
Acreage, Cul De Sac
Directions
GPS. From Peden Rd, Turn onto Grants Ln. The property is located at the end of Grants Ln, past sandstrom ranch.
Standard status
Active
APN
42987022
Lot size
1.70 Acres
Utilities
Sewer type
Aerobic Septic
Water source
Well
Building Details
Year built
2026
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Chase Realty DFW
(817) 237-7653
Listed By:
Zach Napier · License #0737406
(817) 614-6833
Added: Sep 8
Last Checked: Sep 8 at 8:06PM
MLS# 21380590
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Lot 2 at Sandstrom Business Park is a newly constructed flex building totaling approximately 10,200 square feet on approximately 1.70 acres. The under-construction facility is planned as an industrial shell with a concrete floor, metal siding, and metal roofing, giving the buyer an opportunity to complete the interior around operational requirements. The open plan can support one occupant or multiple users, with storefront glazing, several personnel entrances, and three grade-level roll-up doors measuring 14 feet by 16 feet. Building height ranges from 24 to 28 feet, and outdoor storage or yard space is available.
The property is outside city limits and has no city zoning, city permits, or city impact fees. Utility infrastructure includes a private water well, on-site aerobic septic, and 3-phase power availability. Cul-de-sac access serves the site, with estimated availability in November 2026. The property is positioned near Business 287, US 287, FM 156, I-35W, BNSF Railway, Alliance Airport, and DFW International Airport. Additional office finish-out, HVAC, and site or yard improvements may be arranged through Avondale Development Group upon request.
The property is outside city limits and has no city zoning, city permits, or city impact fees. Utility infrastructure includes a private water well, on-site aerobic septic, and 3-phase power availability. Cul-de-sac access serves the site, with estimated availability in November 2026. The property is positioned near Business 287, US 287, FM 156, I-35W, BNSF Railway, Alliance Airport, and DFW International Airport. Additional office finish-out, HVAC, and site or yard improvements may be arranged through Avondale Development Group upon request.
Key Highlights
- Approximately 10,200 SF industrial flex building on approximately 1.70 acres
- 24 to 28 foot building heights with an open, customizable interior
- Three 14 foot by 16 foot grade‑level roll‑up doors
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
$83,260
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
4.27%
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%
$1,665,200
$1.7M
Cap Rate 7%
$1,189,429
$1.2M
Cap Rate 9%
$925,111
$925.1K
Market Conditions
NOI Build-Up for 10,200 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
$140.8K $13.80/SF
− Vacancy
−$12.7K −$1.24/SF
EGI
$128.1K $12.56/SF
− OpEx
−$44.8K −$4.40/SF
NOI
$83.3K $8.16/SF
Area
ZIP 76179
Vacancy
9.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
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%
$1,665,200
Cap Rate 7%
$1,189,429
Cap Rate 9%
$925,111
Alternative Uses
Best Use
Warehouse
$12.17M
$10.65M – $14.20M
NOI $852,114 @ 7.0% cap · market cap 43.70%
Second Best
Industrial
$10.97M
$9.60M – $12.79M
NOI $767,650 @ 7.0% cap · market cap 39.37%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76179, TX
68,333
Population
26,227
Households
2.6
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
51.9 sq mi
ZIP Area
1,317
Density / Sq Mi
$108,428
Median Household Income
$53,878
Median Earnings
$1,840
Median Rent
$299,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - New industrial shell offers customizable space, grade-level access, and private utility infrastructure.
Where is this flex space located?
The property is located at 4764 Sandstrom Industrial Circle Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Approximately 10,200 SF industrial flex building on approximately 1.70 acres; 24 to 28 foot building heights with an open, customizable interior; Three 14 foot by 16 foot grade‑level roll‑up doors
