Warehouse with Outside
For Sale
Contact for pricing
716a W Euless Blvd., Euless, TX 76040
Warehouse on a 1.64-acre lot with outside storage and ample parking, fronting State Highway 10.
Property Size15,420 SF
Lot Size1.64 Acres
Price / SF$181.58
Days on Market52
Property Features for 716a W Euless Blvd.
General Information
Standard status
Active
Size
15,420 SF
Class
B
Lot size
1.64 Acres
Property subtype
Office, Industrial
Zoning
TX-10 - Uses include office, retail, warehousing, auto repair/service shop/fabrication and assembly
Occupancy
100%
Lease Type
Gross
Investment Type
Sale/Leaseback
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
LanCarte Commercial
(817) 228-4247
Listed By:
Sarah LanCarte · License #601090
Source:
Crexi
Added: Jul 7
Changed: Aug 14
Last Checked: Aug 26 at 8:30AM
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 LanCarte Commercial
Investment Insights
Based on property information with market context.
Warehouse property for sale on a 1.64-acre lot with outside storage and ample parking. The building totals 15,420 square feet.
The property has frontage along State Highway 10. Public remarks note State Highway 10 runs from SH 183 in Euless to the intersection of Loop 820, SH 121 and SH 183 in Hurst, and the site is described as a 7-minute drive from DFW International Airport.
Suitable for businesses looking for an industrial warehouse format with yard/outside storage and straightforward parking access.
The property has frontage along State Highway 10. Public remarks note State Highway 10 runs from SH 183 in Euless to the intersection of Loop 820, SH 121 and SH 183 in Hurst, and the site is described as a 7-minute drive from DFW International Airport.
Suitable for businesses looking for an industrial warehouse format with yard/outside storage and straightforward parking access.
Key Highlights
- Frontage along State Highway 10
- Warehouse on a 1.64‑acre lot
- Outside storage and ample parking on‑site
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
$169,349
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
6.05%
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%
$3,386,980
$3.4M
Cap Rate 7%
$2,419,271
$2.4M
Cap Rate 9%
$1,881,656
$1.9M
Market Conditions
NOI Build-Up for 15,420 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
$296.1K $19.20/SF
− Vacancy
−$35.5K −$2.30/SF
EGI
$260.5K $16.90/SF
− OpEx
−$91.2K −$5.91/SF
NOI
$169.3K $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%
$3,386,980
Cap Rate 7%
$2,419,271
Cap Rate 9%
$1,881,656
Alternative Uses
Best Use
Flex RnD
$2.42M
$2.12M – $2.82M
NOI $169,349 @ 7.0% cap · market cap 6.05%
Second Best
Industrial
$1.24M
$1.09M – $1.45M
NOI $86,946 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$5.42M
$4.75M – $6.33M
NOI $379,702 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76040, TX
31,899
Population
12,912
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
4,090
Density / Sq Mi
$69,683
Median Household Income
$41,493
Median Earnings
$1,245
Median Rent
$281,300
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
- Manmeet's Delicacies — 601 Garden Ave, Euless, TX 76039
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse on a 1.64-acre lot with outside storage and ample parking, fronting State Highway 10.
Where is this flex space located?
The property is located at 716a W Euless Blvd. Euless, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Frontage along State Highway 10; Warehouse on a 1.64‑acre lot; Outside storage and ample parking on‑site
