Industrial Redevelopment
For Sale
Contact for pricing
917 Woodward St, Fort Worth, TX 76107
Industrial property for sale near a major Fort Worth mixed-use redevelopment corridor.
Property Size3,258 SF
Lot Size0.34 Acres
Price / SF$305.40
Days on Market141
Property Features for 917 Woodward St
General Information
Standard status
Active
Size
3,258 SF
Lot size
0.34 Acres
Property subtype
Retail, Industrial
Zoning
PI-N-2
Occupancy
100%
Lease Type
Gross
Investment Type
Redevelopment
Building Details
Year Built
1963
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
KW Commercial Texas
Listed By:
Link Karlen · License #TX 0736507
(817) 920-7770
Source:
Crexi
Added: Jun 2
Changed: Oct 13
Last Checked: Oct 20 at 7:32PM
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 KW Commercial Texas
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Investment Insights
Based on property information with market context.
This for-sale industrial commercial property totals approximately 3,258 SF and sits on about 0.34 acres. The offering is presented as a redevelopment opportunity, suitable for investors, developers, or owner-users evaluating the existing industrial footprint and future repositioning plans.
The property is located at 917 Woodward St in Fort Worth, TX 76107, within the broader area referenced in the public remarks as being near the Panther Island redevelopment initiative. Panther Island is described as a multi-billion-dollar flood control and mixed-use redevelopment effort intended to create a 300-acre waterfront district, including canals, parks, residential development, and future commercial space. Public remarks also note the possibility of future canal adjacency depending on final approvals and development execution.
For buyers looking for a redevelopment-focused industrial asset, this property’s existing warehouse scale and on-site land size may support a variety of industrial and commercial reuse directions, subject to applicable approvals. The current offering is positioned for those seeking long-term involvement in an evolving corridor where redevelopment activity could shape future demand for compatible space.
The property is located at 917 Woodward St in Fort Worth, TX 76107, within the broader area referenced in the public remarks as being near the Panther Island redevelopment initiative. Panther Island is described as a multi-billion-dollar flood control and mixed-use redevelopment effort intended to create a 300-acre waterfront district, including canals, parks, residential development, and future commercial space. Public remarks also note the possibility of future canal adjacency depending on final approvals and development execution.
For buyers looking for a redevelopment-focused industrial asset, this property’s existing warehouse scale and on-site land size may support a variety of industrial and commercial reuse directions, subject to applicable approvals. The current offering is positioned for those seeking long-term involvement in an evolving corridor where redevelopment activity could shape future demand for compatible space.
Key Highlights
- 3,258 SF industrial commercial property for sale
- Built in 1963
- Sits on approximately 0.34 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,368
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,360
$1.0M
Cap Rate 7%
$748,114
$748.1K
Cap Rate 9%
$581,867
$581.9K
Market Conditions
NOI Build-Up for 3,258 SF
Gross rent
$78.6K $24.12/SF
− Vacancy
−$3.8K −$1.16/SF
EGI
$74.8K $22.96/SF
− OpEx
−$22.4K −$6.89/SF
NOI
$52.4K $16.07/SF
Area
Fort Worth, TX
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%
$1,047,360
Cap Rate 7%
$748,114
Cap Rate 9%
$581,867
Alternative Uses
Best Use
Retail
$748.1K
$654.6K – $872.8K
NOI $52,368 @ 7.0% cap · market cap 5.26%
Second Best
Warehouse
$322.2K
$282.0K – $375.9K
NOI $22,556 @ 7.0% cap · market cap 2.27%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,844 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,127
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76107, TX
31,591
Population
17,957
Households
1.8
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
10.7 sq mi
ZIP Area
2,952
Density / Sq Mi
$79,473
Median Household Income
$54,461
Median Earnings
$1,501
Median Rent
$431,300
Median Home Value
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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?
Warehouse - Industrial property for sale near a major Fort Worth mixed-use redevelopment corridor.
Where is this warehouse located?
The property is located at 917 Woodward St Fort Worth, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3,258 SF industrial commercial property for sale; Built in 1963; Sits on approximately 0.34 acres
