Flex Space with Grade-Level
For Sale
$426,000
6081 Garcia Lane, Fort Worth, TX 76140
CommercialSale, Fort Worth, TX
Property Size3,000 SF
Lot Size0.20 Acres
Price / SF$142
Days on Market119
Property Features for 6081 Garcia Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
Outside city limits, must be approved by POA for occupancy.
Parking features
Gated, Parking Lot, Assigned
Security features
Security
Subdivision
Laguna Vista
Lot features
Interior Lot
Directions
From Dick Price Road Turn East on Garcia Lane, property is located on the left at the top of the hill.
Standard status
Active
APN
03907503
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
GARCIA, GUADALUPE SURVEY ABSTRACT 614 TRACT 2
Tax Annual Amount
3385
Legal Description
GARCIA, GUADALUPE SURVEY ABSTRACT 614 TRACT 2
Utilities
Sewer type
Septic Tank
Water front
1
Building Details
Year built
2026
Floors in Building
1
Number of units
22
Flooring type
Tile, Concrete
Building materials
Concrete
Roof type
Metal
Listing Agency:
Dynamic Real Estate Group
(817) 223-9452
Listed By:
Justin Lackey · License #0735314
(817) 223-9452
Added: Apr 26
Changed: Aug 21
Last Checked: Aug 22 at 11:06PM
MLS# 21249837
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 2026 flex space is under construction within a 3,000-square-foot concrete building measuring 60' X 50'. The free-span layout has 16' wall height with 22' on center, a 12' X 14' grade-level overhead door, designated parking, and a gated entrance. Interior improvements include a 10' X 10' office, an 8' X 5' bathroom, tile and concrete flooring, metal roofing, lighting throughout, and a 2.5-ton mini split HVAC system serving the office. Fiber optic service is available, and the building is prewired for data ports.
The property is approximately 4 miles south of I-20 and US 287, with access to I-35, FM 1187, and Hwy 360. A concrete driveway provides entry, while the site includes approximately 0.2 acres and septic service. The rear of the property overlooks an approximately 5-acre stocked pond with park-like views.
The property is approximately 4 miles south of I-20 and US 287, with access to I-35, FM 1187, and Hwy 360. A concrete driveway provides entry, while the site includes approximately 0.2 acres and septic service. The rear of the property overlooks an approximately 5-acre stocked pond with park-like views.
Key Highlights
- 3,000 sq ft 2026 construction on a 0.2‑acre site
- 60' X 50' free‑span building with 16' wall height and 22' on center
- 12' X 14' grade‑level overhead door; upgrade to 14' X 14' available
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
$35,154
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
8.25%
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%
$703,080
$703.1K
Cap Rate 7%
$502,200
$502.2K
Cap Rate 9%
$390,600
$390.6K
Market Conditions
NOI Build-Up for 3,000 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
$54.0K $18.00/SF
− Vacancy
−$3.8K −$1.26/SF
EGI
$50.2K $16.74/SF
− OpEx
−$15.1K −$5.02/SF
NOI
$35.2K $11.72/SF
Area
Fort Worth, TX
Vacancy
7.00%
Lease Rate
$18.00 /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%
$703,080
Cap Rate 7%
$502,200
Cap Rate 9%
$390,600
Alternative Uses
Best Use
Self Storage
$502.2K
$439.4K – $585.9K
NOI $35,154 @ 7.0% cap · market cap 8.25%
Second Best
Flex RnD
$347.9K
$304.4K – $405.9K
NOI $24,354 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$1.09M
$953.6K – $1.27M
NOI $76,284 @ 7.0% cap · market cap 17.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Well-served
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- CATERING — Taylor Barbecue — 4645 Dick Price Rd, Fort Worth, TX 76140
Frequently Asked Questions
What type of property is this?
Flex space - Under-construction commercial space with gated access, assigned parking, office infrastructure, and adaptable storage capacity.
Where is this flex space located?
The property is located at 6081 Garcia Lane Fort Worth, TX.
What is the asking price?
The asking price for this property is $426,000.
What are key features of this property?
This property features: 3,000 sq ft 2026 construction on a 0.2‑acre site; 60' X 50' free‑span building with 16' wall height and 22' on center; 12' X 14' grade‑level overhead door; upgrade to 14' X 14' available
