Industrial-Zoned Mixed-Use
755 N Burleson Blvd, Burleson, TX 76028
For Sale
$3,900,000
Industrial-zoned property with multiple improvements, tenant occupancy, outside storage, and an available office suite.
Property Size15,706 SF
Lot Size7.28 Acres
Price / SF$248.31
Days on Market94
Property Features for 755 N Burleson Blvd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Site & Location
Highway Access
Road Access
Outdoor Storage
Utilities to Site
Amenities
outside storage
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Formation Real Estate, LLC
Listed By:
Grace Ruby · License TX #754006
(817) 614-3717
Source:
Formationtx
Added: Aug 9
Changed: Nov 6
Last Checked: Nov 10 at 6:44AM
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 Formation Real Estate, LLC
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Investment Insights
Based on property information with market context.
This mixed-use property comprises 7.28 acres with 15,706 SF of improvements and an industrial zoning designation. The site includes a primary equine hospital facility with stalls, operating rooms, and offices, along with a separate building. A metal flex structure contains five suites, including space used by a farrier, plumber, granite company, and contractor storage operation. Suite C3 provides the only vacancy, offering 1,000 SF of office space. Overall occupancy is 93.6%, with rent generated from five tenants.
The property fronts I-35W on the west side of the interstate between Alsbury Blvd and SH 174. It is approximately half a mile from Spinks Airport and 12 miles from downtown Fort Worth. Water and electric service are present, and outside storage is permitted. SH 174 is scheduled to begin widening to six lanes in 2026.
The property fronts I-35W on the west side of the interstate between Alsbury Blvd and SH 174. It is approximately half a mile from Spinks Airport and 12 miles from downtown Fort Worth. Water and electric service are present, and outside storage is permitted. SH 174 is scheduled to begin widening to six lanes in 2026.
Key Highlights
- 7.28‑acre mixed‑use property with 15,706 SF of existing improvements
- 93.6% leased with rent from five tenants
- Main facility includes stalls, operating rooms, and offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$232,390
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,647,800
$4.6M
Cap Rate 7%
$3,319,857
$3.3M
Cap Rate 9%
$2,582,111
$2.6M
Market Conditions
NOI Build-Up for 15,706 SF
Gross rent
$465.5K $29.64/SF
− Vacancy
−$78.2K −$4.98/SF
EGI
$387.3K $24.66/SF
− OpEx
−$154.9K −$9.86/SF
NOI
$232.4K $14.80/SF
Area
Johnson County, TX
Vacancy
16.80%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,647,800
Cap Rate 7%
$3,319,857
Cap Rate 9%
$2,582,111
Alternative Uses
Best Use
Healthcare Medical
$3.32M
$2.90M – $3.87M
NOI $232,390 @ 7.0% cap · market cap 5.96%
Second Best
Mixed Use
$2.27M
$1.99M – $2.65M
NOI $159,023 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$4.31M
$3.77M – $5.03M
NOI $301,932 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
93.6%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
Explore this area
Business Placement
Demographics for 76028, TX
74,023
Population
27,928
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
77.5 sq mi
ZIP Area
955
Density / Sq Mi
$100,125
Median Household Income
$53,464
Median Earnings
$1,691
Median Rent
$294,500
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Industrial-zoned property with multiple improvements, tenant occupancy, outside storage, and an available office suite.
Where is this mixed-use property located?
The property is located at 755 N Burleson Blvd Burleson, TX.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 7.28‑acre mixed‑use property with 15,706 SF of existing improvements; 93.6% leased with rent from five tenants; Main facility includes stalls, operating rooms, and offices
