Two-Building Flex Warehouse
535 W Kennedale Parkway Kennedale, TX 76060
535 W Kennedale Parkway, Kennedale, TX, 76060
$1,975,000
For Sale
$1,975,000
COMMERCIAL - Kennedale, TX
Property Size13,200 SF
Lot Size1.38 Acres
Price / SF$149.62
Days on Market161
Property Features for 535 W Kennedale Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 04479815
- Size
- 13,200 SF
- Lot size
- 1.38 Acres
Taxes and HOA fees
- Tax Description
- WOODLEA ACRES ADDITION BLOCK 2 LOT 10B NW PT
- Tax Annual Amount
- 5688
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile, Concrete
- Building materials
- Brick
- Roof type
- Metal
Listing Agency
Keller Williams Fort Worth
(817) 920-7700
Fort Worth, TX
Listed by
DeLario Bolton · License #0645317
(817) 920-7700
Added: Feb 7 Checked: Jul 18 at 3:06 am
MLS# 21167473
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.
This two-building flex warehouse property totals approximately 13,200 square feet and is set up to support a range of operational needs. The primary building is a newly constructed 4,800-square-foot flex office warehouse built in 2025, designed with minimal office build-out and a practical layout. It includes four grade level garage doors measuring approximately 12 x 14, providing direct loading capability for trucks, equipment, and fleet vehicles. The secondary building totals approximately 8,400 square feet and is offered as-is, functioning as warehouse and storage space built in 1955.
The property is located along the Kennedale Parkway industrial corridor, providing a location that fits owner-users and investors targeting industrial demand and flexibility. With two buildings on the site, it supports both immediate use and future planning for scaling operations, storage, or potential repositioning. The combination of newer construction and legacy warehouse space gives buyers options for current throughput and longer-term upside.
For tenants, owner-users, and investors, the configuration can support light industrial and service-oriented businesses that need straightforward access for equipment and daily deliveries, while also benefiting from the added storage capacity of the second structure. The newer flex office warehouse is well-suited for teams that want functional space with limited office build-out, and the second building can serve as overflow storage or additional operational space as needs grow.
The property is located along the Kennedale Parkway industrial corridor, providing a location that fits owner-users and investors targeting industrial demand and flexibility. With two buildings on the site, it supports both immediate use and future planning for scaling operations, storage, or potential repositioning. The combination of newer construction and legacy warehouse space gives buyers options for current throughput and longer-term upside.
For tenants, owner-users, and investors, the configuration can support light industrial and service-oriented businesses that need straightforward access for equipment and daily deliveries, while also benefiting from the added storage capacity of the second structure. The newer flex office warehouse is well-suited for teams that want functional space with limited office build-out, and the second building can serve as overflow storage or additional operational space as needs grow.
Key Highlights
- Two‑building flex warehouse property totaling approximately 13,200 SF on the Kennedale Parkway industrial corridor
- Newly constructed 4,800 SF flex office warehouse built in 2025 with minimal office build‑out
- Primary building includes four 12 x 14 grade level garage doors for truck, equipment, and vehicle loading
Local Financial Insights For Flex RnD
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 | $253.4k | $19.20 |
| − Vacancy | −$30.4k | −$2.30 |
| EGI | $223.0k | $16.90 |
| − OpEx | −$78.1k | −$5.91 |
| NOI | $145.0k | $10.98 |
13,200 SF · lease $19.20/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$3.26M
$2.85M – $3.80M
NOI $228,096 @ 7.0% cap · market cap 11.55%
Second Best
Flex RnD
$2.07M
$1.81M – $2.42M
NOI $144,968 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$4.64M
$4.06M – $5.42M
NOI $325,037 @ 7.0% cap · market cap 16.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Diesel Engines of Texas
Auto Parts Store
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FAQs
What type of property is this?
Flex space - A two-building flex and warehouse property with truck-ready loading in a strong industrial corridor.
Where is this flex space located?
The property is located at 535 W Kennedale Parkway Kennedale, TX.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Two‑building flex warehouse property totaling approximately 13,200 SF on the Kennedale Parkway industrial corridor; Newly constructed 4,800 SF flex office warehouse built in 2025 with minimal office build‑out; Primary building includes four 12 x 14 grade level garage doors for truck, equipment, and vehicle loading
