Warehouse With Multiple Loading
721 E Kennedale Parkway, Kennedale, TX 76060
For Sale
$7,000,000
CommercialSale, Kennedale, TX
Property Size56,700 SF
Lot Size3.17 Acres
Price / SF$123.46
Days on Market11
Property Features for 721 E Kennedale Parkway
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Elite Real Estate Texas
Listed By:
Daniel Serna · License TX #0796296
(623) 570-2789
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 13 at 7:06PM
MLS# 21424725
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.
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Investment Insights
Based on property information with market context.
This warehouse property contains 56,700 square feet on a 3.174-acre parcel. Multiple loading docks and approximately 17.5 feet of clear height are among its operating features. The building was constructed in 2013, with block construction, concrete flooring, a metal roof, central air conditioning, and electric heating.
Public water and sewer serve the property. Covered parking, a parking lot, carport spaces, and gated parking are also listed. Access to I-20 and US-287 connects the site with Fort Worth, Arlington, and the broader DFW area.
Public water and sewer serve the property. Covered parking, a parking lot, carport spaces, and gated parking are also listed. Access to I-20 and US-287 connects the site with Fort Worth, Arlington, and the broader DFW area.
Key Highlights
- 56,700 square feet of warehouse space
- 3.174‑acre parcel
- Multiple loading docks
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.
How Realmo checks its estimates
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
$354,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Tarrant County, TX
Properties on Market for Warehouses in Tarrant County
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’s warehouse configuration includes multiple loading docks and a substantial clear height for equipment and storage.
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: 56,700 square feet of warehouse space; 3.174‑acre parcel; Multiple loading docks
