Two-Building Warehouse
5085 FM1187 Burleson, TX 76028
New
For Sale
$2,250,000
Fully occupied shallow-bay property delivered in 2020 with 18-foot clear height and 13 grade-level doors.
Property Size17,000 SF
Lot Size1.77 Acres
Price / SF$132.35
Days on Market5
Property Features for 5085 FM1187
General Information
Standard status
Active
Size
17,000 SF
Lot size
1.77 Acres
Property subtype
Warehouse
Building Details
Year Built
2020
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5154
Listed By:
Cole Collins · License #License(s): TX: 783678
(972) 755-5154
Source:
Marcusmillichap
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 29 at 3:35AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
For sale is a fully occupied, two-building shallow-bay warehouse asset delivered in 2020, totaling 17,000 square feet on 1.77 acres. The metal-constructed buildings are divided into three units and offer 18 feet of clear height for efficient storage and operations. Access is supported by 13 grade-level doors, and the site provides 30 parking spaces for tenants and visitors.
The property has frontage along Farm to Market 1187 (Rendon Bloodworth Road) in Burleson, Texas, and is about 3.8 miles from Interstate 35 West. Downtown Fort Worth is approximately 23 minutes southeast by drive.
Occupancy is in place, anchored by a collision repair company using 10,000 square feet. The anchoring lease runs through February 2030, and the remaining units support the property’s current rental structure.
The property has frontage along Farm to Market 1187 (Rendon Bloodworth Road) in Burleson, Texas, and is about 3.8 miles from Interstate 35 West. Downtown Fort Worth is approximately 23 minutes southeast by drive.
Occupancy is in place, anchored by a collision repair company using 10,000 square feet. The anchoring lease runs through February 2030, and the remaining units support the property’s current rental structure.
Key Highlights
- Fully occupied two‑building 17,000 SF shallow‑bay industrial asset delivered in 2020
- 18 ft clear height with 13 grade‑level doors for efficient loading and tenant access
- Metal construction on 1.77 acres with 30 parking spaces for tenants and visitors
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 | $153.0k | $9.00 |
| − Vacancy | −$13.9k | −$0.82 |
| EGI | $139.1k | $8.18 |
| − OpEx | −$20.9k | −$1.23 |
| NOI | $118.2k | $6.95 |
17,000 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Retail
$4.03M
$3.53M – $4.70M
NOI $282,173 @ 7.0% cap · market cap 12.54%
Second Best
Warehouse
$1.69M
$1.48M – $1.97M
NOI $118,215 @ 7.0% cap · market cap 5.25%
Theoretical Best
Multifamily LT 5
$203.77M
$178.30M – $237.74M
NOI $14,264,113 @ 7.0% cap · market cap 633.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Crossroads Station Storage — 5333 E, FM1187 Suite 120, Burleson, TX 76028
- Sharp & To The Point — 5226 Farm to Market 1187, Burleson, TX 76028
- Rendon Self Storage — 12215 Rendon Rd, Burleson, TX 76028
- Glenwood 33 Flex Space — 5001 FM1187, Burleson, TX 76028
- Longhorn State Storage — 7230 Stephenson Levy Rd, Burleson, TX 76028
Frequently Asked Questions
What type of property is this?
Warehouse - Fully occupied shallow-bay property delivered in 2020 with 18-foot clear height and 13 grade-level doors.
Where is this warehouse located?
The property is located at 5085 FM1187 Burleson, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Fully occupied two‑building 17,000 SF shallow‑bay industrial asset delivered in 2020; 18 ft clear height with 13 grade‑level doors for efficient loading and tenant access; Metal construction on 1.77 acres with 30 parking spaces for tenants and visitors
