Office-Warehouse on
New
For Sale
Contact for pricing
6329 Eden Drive, Haltom City, TX 76117
A flexible office and warehouse layout occupies a substantial parcel with convenient freeway access.
Property Size4,080 SF
Lot Size1.60 Acres
Price / SF$183.82
Days on Market5
Property Features for 6329 Eden Drive
General Information
Standard status
Active
Size
4,080 SF
Lot size
1.60 Acres
Property subtype
Industrial, Office
Listing Agency:
Team & Vasseur
Listed By:
Gary Vasseur · License #TX 158025
(817) 335-7575
Source:
Crexi
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 3:24AM
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 Team & Vasseur
Investment Insights
Based on property information with market context.
This flex property combines office and warehouse space in a 4,080-square-foot building on approximately 1.6 acres. The configuration brings administrative and storage or work areas together within one property.
Located in Haltom City, the site offers convenient freeway access. The property is at 6329 Eden Drive.
Located in Haltom City, the site offers convenient freeway access. The property is at 6329 Eden Drive.
Key Highlights
- 4,080‑square‑foot office‑warehouse building
- Approximately 1.6 acres of land
- Convenient freeway access in Haltom City
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
$44,808
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
5.97%
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%
$896,160
$896.2K
Cap Rate 7%
$640,114
$640.1K
Cap Rate 9%
$497,867
$497.9K
Market Conditions
NOI Build-Up for 4,080 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
$78.3K $19.20/SF
− Vacancy
−$9.4K −$2.30/SF
EGI
$68.9K $16.90/SF
− OpEx
−$24.1K −$5.91/SF
NOI
$44.8K $10.98/SF
Area
Tarrant County, TX
Vacancy
12.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
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%
$896,160
Cap Rate 7%
$640,114
Cap Rate 9%
$497,867
Alternative Uses
Best Use
Flex RnD
$640.1K
$560.1K – $746.8K
NOI $44,808 @ 7.0% cap · market cap 5.97%
Second Best
Warehouse
$405.3K
$354.7K – $472.9K
NOI $28,372 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.44M
$1.26M – $1.67M
NOI $100,466 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76117, TX
33,398
Population
12,793
Households
2.6
Avg Household Size
34
Median Age
12%
College-Educated
71%
High-School Grad
10.9 sq mi
ZIP Area
3,064
Density / Sq Mi
$49,041
Median Household Income
$34,111
Median Earnings
$1,205
Median Rent
$185,300
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - A flexible office and warehouse layout occupies a substantial parcel with convenient freeway access.
Where is this flex space located?
The property is located at 6329 Eden Drive Haltom City, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,080‑square‑foot office‑warehouse building; Approximately 1.6 acres of land; Convenient freeway access in Haltom City
