Highway Frontage Building on
For Sale
Contact for pricing
760 Jim Wright Fwy, Fort Worth, TX 76108
19,295 sqft building with highway frontage and visibility.
Property Size19,295 SF
Lot Size2.42 Acres
Price / SF$233.22
Days on Market750
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
Zoning
General Commercial
Investment Type
Owner/User
Building Details
Year Built
2004
Year Renovated
2020
Listing Agency:
BlueAlpha Capital
Listed By:
Cooper Wallis · License #692556
Source:
Crexi
Added: Sep 18, 2024
Changed: Oct 4
Last Checked: Oct 7 at 10:43AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Highway frontage and visibility on Hwy Loop 820
- Large 19,295sqft building on 2.42AC
- Close proximity to I‑30 and I‑35
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$310,139
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,202,780
$6.2M
Cap Rate 7%
$4,430,557
$4.4M
Cap Rate 9%
$3,445,989
$3.4M
Market Conditions
NOI Build-Up for 19,295 SF
Gross rent
$465.4K $24.12/SF
− Vacancy
−$22.3K −$1.16/SF
EGI
$443.1K $22.96/SF
− OpEx
−$132.9K −$6.89/SF
NOI
$310.1K $16.07/SF
Area
ZIP 76108
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,202,780
Cap Rate 7%
$4,430,557
Cap Rate 9%
$3,445,989
Alternative Uses
Best Use
Retail
$4.43M
$3.88M – $5.17M
NOI $310,139 @ 7.0% cap · market cap 6.89%
Second Best
Warehouse
$1.91M
$1.67M – $2.23M
NOI $133,584 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$5.09M
$4.46M – $5.94M
NOI $356,572 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76108, TX
46,170
Population
18,031
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
43.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$78,471
Median Household Income
$44,235
Median Earnings
$1,418
Median Rent
$238,800
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
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Frequently Asked Questions
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
