Warehouse with Multiple Loading
New
For Sale
$7,000,000
721 E Kennedale Parkway, Kennedale, TX 76060
The building supports warehouse, distribution, and business operations, with convenient access to major regional routes.
Property Size56,700 SF
Price / SF$123.46
Days on Market2
Property Features for 721 E Kennedale Parkway
General Information
Standard status
Active
Size
56,700 SF
Property subtype
Warehouse
Additional Details
Highway Access
Yes
Clear Height
17.5 ft
Taxes and HOA fees
Annual Taxes
$78,228
Building Details
Building Size
56,700 SF
Year Built
2013
Listing Agency:
Elite Real Estate Texas
Listed By:
Daniel Serna · License #0796296
(682) 323-1792
Source:
Baerealty
Added: Nov 4
Last Checked: Nov 4 at 10:29AM
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 Elite Real Estate Texas
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Investment Insights
Based on property information with market context.
Built in 2013, this warehouse contains approximately 56,700 square feet and multiple loading docks. Its clear height is approximately 17.5 feet, supporting warehouse and distribution operations as well as other business activity.
The property is on E Kennedale Parkway, with access to I-20 and US-287. These routes connect the site to Fort Worth, Arlington, and the broader DFW market.
The property is on E Kennedale Parkway, with access to I-20 and US-287. These routes connect the site to Fort Worth, Arlington, and the broader DFW market.
Key Highlights
- Approximately 56,700 square feet of warehouse space
- Multiple loading docks
- Approximately 17.5‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$394,283
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,885,660
$7.9M
Cap Rate 7%
$5,632,614
$5.6M
Cap Rate 9%
$4,380,922
$4.4M
Market Conditions
NOI Build-Up for 56,700 SF
Gross rent
$510.3K $9.00/SF
− Vacancy
−$46.4K −$0.82/SF
EGI
$463.9K $8.18/SF
− OpEx
−$69.6K −$1.23/SF
NOI
$394.3K $6.95/SF
Area
Tarrant County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,885,660
Cap Rate 7%
$5,632,614
Cap Rate 9%
$4,380,922
Alternative Uses
Best Use
Warehouse
$5.63M
$4.93M – $6.57M
NOI $394,283 @ 7.0% cap · market cap 5.63%
Second Best
Industrial
$4.57M
$4.00M – $5.33M
NOI $319,703 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$19.95M
$17.45M – $23.27M
NOI $1,396,181 @ 7.0% cap · market cap 19.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
17 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76060, TX
8,653
Population
3,208
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
84%
High-School Grad
7.5 sq mi
ZIP Area
1,154
Density / Sq Mi
$117,993
Median Household Income
$56,838
Median Earnings
$1,300
Median Rent
$354,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- CubeSmart Self Storage — 813 Kennedale Pkwy, Kennedale, TX 76060
Frequently Asked Questions
What type of property is this?
Warehouse - The building supports warehouse, distribution, and business operations, with convenient access to major regional routes.
Where is this warehouse located?
The property is located at 721 E Kennedale Parkway Kennedale, TX.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Approximately 56,700 square feet of warehouse space; Multiple loading docks; Approximately 17.5‑foot clear height
