Fenced Flex Property with Expansion
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For Sale
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5301 Rendon Road, Fort Worth, TX 76140
Two commercial buildings combine warehouse, shop, office, and training uses on a fenced industrial site.
Property Size13,000 SF
Lot Size8.70 Acres
Price / SF$207.31
Days on Market5
Property Features for 5301 Rendon Road
General Information
Standard status
Active
Size
13,000 SF
Lot size
8.70 Acres
Property subtype
Land, Mobile Home Park, Self Storage
Occupancy
100%
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Gross Income
$144,000
Three-Phase Power
Yes
Amenities
automatic gated entry
security cameras
fiber availability
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
OnDemand Realty
Listed By:
Jaime Eagleson · License #0662964
(888) 455-6040
Source:
Crexi
Added: Sep 14
Changed: Sep 18
Last Checked: Sep 16 at 3:08PM
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.
Located at 5301 Rendon Road in Fort Worth, this flex property spans approximately 8.7 acres and includes two commercial buildings totaling approximately 13,000 SF. Building A is approximately 8,000 SF with automotive shop and warehouse areas, office space, and a restroom. Building B measures approximately 5,000 SF and is occupied by a baseball training academy under a lease extending through 2028.
Site infrastructure includes 3-phase power, separate electrical meters, fiber availability, septic infrastructure, perimeter fencing, an automatic gated entrance, and security cameras. Ground has been prepared for an additional approximately 5,000 SF building, subject to governmental approvals, engineering, and buyer verification. The property combines existing commercial improvements with substantial yard and land area for users seeking operational space and expansion capability.
Site infrastructure includes 3-phase power, separate electrical meters, fiber availability, septic infrastructure, perimeter fencing, an automatic gated entrance, and security cameras. Ground has been prepared for an additional approximately 5,000 SF building, subject to governmental approvals, engineering, and buyer verification. The property combines existing commercial improvements with substantial yard and land area for users seeking operational space and expansion capability.
Key Highlights
- Approximately 8.7 acres with two commercial buildings totaling approximately 13,000 SF
- Building A includes approximately 8,000 SF of automotive shop, warehouse, office, and restroom space
- Building B provides approximately 5,000 SF occupied by a baseball training academy through 2028
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
$208,956
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
7.75%
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%
$4,179,120
$4.2M
Cap Rate 7%
$2,985,086
$3.0M
Cap Rate 9%
$2,321,733
$2.3M
Market Conditions
NOI Build-Up for 13,000 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
$313.6K $24.12/SF
− Vacancy
−$15.1K −$1.16/SF
EGI
$298.5K $22.96/SF
− OpEx
−$89.6K −$6.89/SF
NOI
$209.0K $16.07/SF
Area
Fort Worth, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
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%
$4,179,120
Cap Rate 7%
$2,985,086
Cap Rate 9%
$2,321,733
Alternative Uses
Best Use
Retail
$2.99M
$2.61M – $3.48M
NOI $208,956 @ 7.0% cap · market cap 7.75%
Second Best
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,532 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$4.72M
$4.13M – $5.51M
NOI $330,564 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76140, TX
32,623
Population
10,705
Households
3
Avg Household Size
32
Median Age
18%
College-Educated
79%
High-School Grad
27.3 sq mi
ZIP Area
1,195
Density / Sq Mi
$73,215
Median Household Income
$37,780
Median Earnings
$1,590
Median Rent
$207,800
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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Frequently Asked Questions
What type of property is this?
Flex space - Two commercial buildings combine warehouse, shop, office, and training uses on a fenced industrial site.
Where is this flex space located?
The property is located at 5301 Rendon Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Approximately 8.7 acres with two commercial buildings totaling approximately 13,000 SF; Building A includes approximately 8,000 SF of automotive shop, warehouse, office, and restroom space; Building B provides approximately 5,000 SF occupied by a baseball training academy through 2028
