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Flex Warehouse Property For Sale

535 W Kennedale Pkwy Kennedale, TX 76060

535 W Kennedale Pkwy, Kennedale, TX, 76060
$1,975,000
For Sale
Claim this Listing
$1,975,000

Two-building flex warehouse property with frontage in a high-demand corridor.

Property Size13,200 SF
Price / SF$149.62
AddedFeb 1
Days on Market164
Last RefreshMay 25 at 10:27 pm

Property Features for 535 W Kennedale Pkwy

General Information

Standard status
Active
Size
13,200 SF

Listing office Keller Williams Fort Worth

Listing date Feb 1, 2026

Source Exprealty

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 Keller Williams Fort Worth


Investment Insights

Based on property information with market context.

This property features two buildings totaling approximately 13,200 square feet, situated along the Kennedale Parkway industrial corridor. The primary building, constructed in 2025, is a newly built 4,800 square foot flex office warehouse. It features a modern, efficient layout with minimal office build-out and is equipped with four grade-level garage doors, each measuring approximately 12 x 14. These doors provide loading capabilities suitable for trucks, equipment, and fleet vehicles, making it ideal for contractors, service businesses, and light industrial users. The secondary building, built in 1955, totals approximately 8,400 square feet and functions as a usable warehouse and storage facility. It offers substantial additional square footage for storage, overflow operations, and equipment. The property provides immediate operational functionality, scalability, and long-term upside, creating an opportunity for owner-users and investors seeking flexibility and frontage.

Key Highlights

  • Two buildings totaling 13,200 SF provide immediate operational functionality and scalability.
  • New 4,800 SF flex office warehouse (built in 2025) with modern layout.
  • Four grade‑level garage doors (12x14) offer excellent loading capability.

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
Flex RnD
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $144,968 @ 7.0% cap · market cap 7.34%
Second Best
Warehouse
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,791 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$4.64M
$4.06M – $5.42M (±1% cap)
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

Suggested Use

Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Restaurant Pharmacy Kitchen & Bath Showroom Storage Facility Skin Care Clinic Grocery & Convenience Store

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

Similar Off Market Nearby

  • Ruby Lee's Kitchen — 5317 Mansfield Hwy, Fort Worth, TX 76119
  • Professional Cater's of Amer — 6309 Anglin Dr, Forest Hill, TX 76119

FAQs

What type of property is this?
Flex space - Two-building flex warehouse property with frontage in a high-demand corridor.
Where is this flex space located?
The property is located at 535 W Kennedale Pkwy 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 buildings totaling 13,200 SF provide immediate operational functionality and scalability.; New 4,800 SF flex office warehouse (built in 2025) with modern layout.; Four grade‑level garage doors (12x14) offer excellent loading capability.
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