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    Highway Frontage Building on 2.42AC Title is generated by Realmo AI

    760 Jim Wright Fwy, Fort Worth, TX 76108

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    19,295 sqft building with highway frontage and visibility.

    Type:Industrial, Retail, Special Purpose
    Property size:
    19,295 SF
    Lot size:
    2.42 Acres
    Price / SF:
    $233/SF
    Added:
    Sep 18, 2024
    Days on Market:
    659
    Last Refresh:
    Jul 2 at 6:16 am

    Property Features for 760 Jim Wright Fwy

    General Information

    Standard status
    Active
    Size
    19,295 SF
    Lot size
    2.42 Acres
    Property subtype
    Industrial, Retail, Special Purpose

    Building Details

    Year Built
    2004

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    Cooper Wallis
    Cooper Wallis

    Listing office BlueAlpha Capital

    Listing date Sep 18, 2024

    Source Crexi

    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 BlueAlpha Capital

    HighLights

    • Highway frontage and visibility on Hwy Loop 820
    • Large 19,295sqft building on 2.42AC
    • Close proximity to I‑30 and I‑35
    • Flexibility to add grade level doors, expand ceiling heights, and open interior
    • Located near new developments, including a +/- 100,000sqft light industrial space and a 520‑acre business park
    • Building constructed in 2004

    Overview

    The property features an existing 19,295 square foot building situated on 2.42 acres. It has highway frontage and visibility along Highway Loop 820. The building offers flexibility for modifications, including the addition of grade-level doors, expansion of ceiling heights, and opening of the interior to create more warehouse or showroom space. The location is positioned minutes from I-30 and I-35. New developments are taking shape around this property, with approximately 100,000 square feet of light industrial space to the south and a 520-acre master-planned business park with over 3,000,000 square feet under construction by Majestic.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $465.4k $24.12
    − Vacancy −$22.3k −$1.16
    EGI $443.1k $22.96
    − OpEx −$132.9k −$6.89
    NOI $310.1k $16.07
    19,295 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.43M
    $3.88M – $5.17M (±1% cap)
    NOI $310,139 @ 7.0% cap · market cap 6.89%
    Second Best
    Flex RnD
    $2.90M
    $2.54M – $3.39M (±1% cap)
    NOI $203,176 @ 7.0% cap · market cap 4.52%
    Theoretical Best
    Office A
    $5.09M
    $4.46M – $5.94M (±1% cap)
    NOI $356,572 @ 7.0% cap · market cap 7.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Texas Civil War ... History Museum

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Building Supply Hair Salon Skin Care Clinic Kitchen & Bath Showroom Accounting Firm Electrical Service Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Extra Space Storage — 9528 White Settlement Rd, Fort Worth, TX 76108
    • Sola Self Storage Unit — 629 Comal Ave, Fort Worth, TX 76108
    • Sky Beauty Supply Store — 757 N Las Vegas Trail, White Settlement, TX 76108
    • Waylon Storage Units — 229 Clifford Center Dr, Fort Worth, TX 76108

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.4741874
    Latitude
    32.7724277

    FAQs

    What type of property is this?
    Warehouse - 19,295 sqft building with highway frontage and visibility.
    Where is this warehouse located?
    The property is located at 760 Jim Wright Fwy Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Highway frontage and visibility on Hwy Loop 820; Large 19,295sqft building on 2.42AC; Close proximity to I‑30 and I‑35
    More about this property
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