New Flex Space with Grade-Level
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For Sale
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6870 Rendon Bloodworth Rd, Fort Worth, TX 76140
Newly constructed flex property combining functional office improvements with industrial space and outdoor storage capability.
Property Size3,720 SF
Lot Size1.00 Acre
Price / SF$184.95
Days on Market6
Property Features for 6870 Rendon Bloodworth Rd
General Information
Standard status
Active
Size
3,720 SF
Class
A
Lot size
1.00 Acre
Property subtype
Industrial
Zoning
ETJ
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
3
Amenities
outdoor storage
breakout bar
Building Details
Year Built
2026
Buildings
1
Building Size
3,720 SF
Listing Agency:
Advisors Commercial Real Estate
Listed By:
Sam Townsend · License #808945
Source:
Crexi
Added: Aug 7
Changed: Aug 12
Last Checked: Aug 12 at 2:48AM
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 Advisors Commercial Real Estate
Investment Insights
Based on property information with market context.
Completed in 2026, this flex property provides 3,720 SF within a newly constructed building on a 1-acre lot. The industrial portion includes three 12x12 grade-level roll-up doors, while the office component offers three offices, a lobby, breakout bar, and two ADA restrooms. Outdoor storage is also available on the site.
The property carries ETJ zoning and offers access to I-35 and US-287. Its combination of office buildout, grade-level loading, and exterior storage supports a range of flex and industrial operations.
The property carries ETJ zoning and offers access to I-35 and US-287. Its combination of office buildout, grade-level loading, and exterior storage supports a range of flex and industrial operations.
Key Highlights
- 3,720 SF flex/industrial building completed in 2026
- Situated on a 1‑acre lot with outdoor storage available
- Three 12x12 grade‑level roll‑up doors
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
$30,198
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
4.39%
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%
$603,960
$604.0K
Cap Rate 7%
$431,400
$431.4K
Cap Rate 9%
$335,533
$335.5K
Market Conditions
NOI Build-Up for 3,720 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
$51.3K $13.80/SF
− Vacancy
−$4.9K −$1.31/SF
EGI
$46.5K $12.49/SF
− OpEx
−$16.3K −$4.37/SF
NOI
$30.2K $8.12/SF
Area
Fort Worth, TX
Vacancy
9.50%
Lease Rate
$13.80 /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%
$603,960
Cap Rate 7%
$431,400
Cap Rate 9%
$335,533
Alternative Uses
Best Use
Office B
$926.7K
$810.9K – $1.08M
NOI $64,868 @ 7.0% cap · market cap 9.43%
Second Best
Flex RnD
$431.4K
$377.5K – $503.3K
NOI $30,198 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,592 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Balanced
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 Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Newly constructed flex property combining functional office improvements with industrial space and outdoor storage capability.
Where is this flex space located?
The property is located at 6870 Rendon Bloodworth Rd Fort Worth, TX.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: 3,720 SF flex/industrial building completed in 2026; Situated on a 1‑acre lot with outdoor storage available; Three 12x12 grade‑level roll‑up doors
