Two-Building Flex Warehouse
535 W Kennedale Parkway, Kennedale, TX 76060
COMMERCIAL - Kennedale, TX
Property size:
13,200 SFLot size:
1.38 AcresPrice / SF:
$149/SF- Added:
- Feb 7, 2026
- Days on Market:
- 115
- Last Refresh:
- Jun 2 at 10:06 pm
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 agent DeLario Bolton License #0645317 (817) 920-7700
Listing office Keller Williams Fort Worth Fort Worth, TX (817) 920-7700
Listing date Feb 7, 2026
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.
HighLights
- New 4,800 SF flex office warehouse built in 2025, featuring a modern layout.
- Four (4) grade‑level garage doors (12 x 14) offer excellent loading capability.
- Additional 8,400 SF usable warehouse space for storage or future repositioning.
- Strategic location along the Kennedale Parkway industrial corridor.
- Combines new construction with functional legacy warehouse space.
- Suitable for owner‑users and investors seeking flexibility and frontage.
Overview
This property features two buildings totaling 13,200 square feet, situated along the Kennedale Parkway industrial corridor. The primary building, constructed in 2025, is a 4,800 square foot flex office warehouse with a modern layout and minimal office build-out. It includes four grade-level garage doors, each measuring approximately 12 x 14, suitable for loading trucks, equipment, and fleet vehicles. This makes it ideal for contractors, service businesses, and light industrial users. The secondary building, built in 1955, provides approximately 8,400 square feet of usable warehouse and storage space. While older, it offers substantial additional square footage for storage, overflow operations, equipment, or future value-add repositioning. Together, the buildings offer operational functionality, scalability, and long-term upside, creating an opportunity for owner-users and investors seeking flexibility and frontage in a high-demand corridor. The property is located in Kennedale, Tarrant County, Texas, and sits on a 1.377-acre lot.
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
NOI $144,968 @ 7.0% cap · market cap 7.34%
Second Best
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,791 @ 7.0% cap · market cap 4.65%
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.
Location Intelligence
Current Use by Public Records
Diesel Engines of Texas
Auto Parts Store
Similar Places Nearby
- Ruby Lee's Kitchen — 5317 Mansfield Hwy, Fort Worth, TX 76119
- Professional Cater's of Amer — 6309 Anglin Dr, Forest Hill, TX 76119
Location Insight
- Map
- Local Demand
- City
- Kennedale
- County
- Tarrant
- State
- Texas
- Longitude
- -97.230106
- Latitude
- 32.653472
Nearby Similar for Sale
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 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: New 4,800 SF flex office warehouse built in 2025, featuring a modern layout.; Four (4) grade‑level garage doors (12 x 14) offer excellent loading capability.; Additional 8,400 SF usable warehouse space for storage or future repositioning.
