Warehouse with Multiple Loading
New
For Sale
$7,000,000
721 E Kennedale Parkway, Kennedale, TX 76060
CommercialSale, Kennedale, TX
Property Size56,700 SF
Lot Size3.17 Acres
Price / SF$123.46
Days on Market3
Property Features for 721 E Kennedale Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial, General Commercial
Parking features
Parking Lot, Covered, Gated, Carport
Security features
Security
Subdivision
Boaz Ca Sub Of J B Renfro
Lot features
Interior Lot
Directions
From I-20, take Exit 442A for US-287 Business Mansfield Highway. Head southeast toward Kennedale and continue onto Kennedale Parkway. Follow Kennedale Parkway to 721 E Kennedale Pkwy, Kennedale, TX 76060.
Standard status
Active
APN
42328045
Lot size
3.17 Acres
Additional Details
Property Use
Warehouse, Distribution, Business Operations Hub
Taxes and HOA fees
Tax Description
BOAZ, CA SUBD OF J B RENFRO LOT 14R4R
Tax Annual Amount
78228
Legal Description
BOAZ, CA SUBD OF J B RENFRO LOT 14R4R
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2013
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Block
Roof type
Metal
Listing Agency:
Elite Real Estate Texas
Listed By:
Daniel Serna · License #0796296
(623) 570-2789
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 5 at 10:06PM
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 56,700-square-foot warehouse sits on 3.174 acres and includes multiple loading docks with approximately 17.5 feet of clear height. The building, constructed in 2013, has block construction, concrete floors, a metal roof, electric heat, and central air conditioning.
The property at 721 E Kennedale Parkway has access to I-20 and US-287, connecting it with Fort Worth, Arlington, and the wider DFW market. Public water and sewer serve the site.
Parking features include a gated lot, covered parking, and a carport.
The property at 721 E Kennedale Parkway has access to I-20 and US-287, connecting it with Fort Worth, Arlington, and the wider DFW market. Public water and sewer serve the site.
Parking features include a gated lot, covered parking, and a carport.
Key Highlights
- 56,700‑square‑foot warehouse on 3.174 acres
- Multiple loading docks and approximately 17.5‑foot clear height
- Access to I‑20 and US‑287
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
Who owns this building?
See the owner, sales and loan history
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Concrete flooring and a clear height suited to warehouse and distribution operations.
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‑foot warehouse on 3.174 acres; Multiple loading docks and approximately 17.5‑foot clear height; Access to I‑20 and US‑287
