Commercial Land in Kennedale,
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800 W Kennedale Pkwy, Kennedale, TX
Commercial land available in Kennedale, Texas.
Property Size7,054 SF
Lot Size6.20 Acres
Price / SF$67.34
Days on Market566
Property Features for 800 W Kennedale Pkwy
General Information
Standard status
Active
Size
7,054 SF
Lot size
6.20 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Ritter & Associates Commercial Real Estate
(866) 926-7918
Listed By:
Mark Sullivan
(817) 473-9393
Source:
Moodyscre
Added: Feb 25, 2025
Changed: Sep 13
Last Checked: Sep 14 at 7:05AM
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 Ritter & Associates Commercial Real Estate
Investment Insights
Based on property information with market context.
This property is zoned as General Commercial District (C-2). The C-2 District accommodates commercial activities and businesses that involve the storage of goods, materials, equipment, machinery, and vehicles outside of enclosed buildings, or those with outdoor operations. The property has a size of 7054 square feet and is located in Kennedale, Texas.
Key Highlights
- Zoning: General Commercial District (C‑2)
- Accommodates commercial activities
- Suitable for businesses involving storage of goods
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,774
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$795,480
$795.5K
Cap Rate 7%
$568,200
$568.2K
Cap Rate 9%
$441,933
$441.9K
Market Conditions
NOI Build-Up for 7,054 SF
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.
Gross rent
$63.5K $9.00/SF
− Vacancy
−$6.7K −$0.95/SF
EGI
$56.8K $8.06/SF
− OpEx
−$17.0K −$2.42/SF
NOI
$39.8K $5.64/SF
Area
Tarrant County, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$795,480
Cap Rate 7%
$568,200
Cap Rate 9%
$441,933
Alternative Uses
Best Use
Industrial
$568.2K
$497.2K – $662.9K
NOI $39,774 @ 7.0% cap · market cap 8.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,698 @ 7.0% cap · market cap 36.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
270
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Industrial property - Commercial land available in Kennedale, Texas.
Where is this industrial property located?
The property is located at 800 W Kennedale Pkwy Kennedale, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Zoning: General Commercial District (C‑2); Accommodates commercial activities; Suitable for businesses involving storage of goods
