Warehouse Property with Fenced
9508 Santa Paula Drive, Fort Worth, TX 76116
For Sale
New
Contact for pricing
Two-building configuration includes office space, utility connections and a fenced outdoor storage area.
Property Size3,000 SF
Price / SF$0.83
Days on Market7
Property Features for 9508 Santa Paula Drive
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Jamie Hagwood, Broker
(817) 371-7653
Listed By:
Jamie Hagwood · License #0427864
(682) 200-1556
Source:
Searsrealty
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 9:36AM
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 Jamie Hagwood, Broker
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes two buildings totaling 3,000 square feet. The steel structure measures 80 by 30 feet, with 10-foot ceilings and three roll-up doors measuring 16 feet, 10 feet and 10 feet wide. Inside, a 14-by-13-foot office has a window unit and half bath. Water, sewer and electricity are connected. A second 20-by-30-foot building has two 8-foot doors and electricity.
A fenced area behind the buildings provides outdoor storage space. The property was built in 1962.
A fenced area behind the buildings provides outdoor storage space. The property was built in 1962.
Key Highlights
- Two buildings total 3,000 square feet
- Steel building measures 80' x 30' with 10' ceilings
- Three roll‑up doors: 16' wide, 10' wide and 10' wide
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,770
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,400
$415.4K
Cap Rate 7%
$296,714
$296.7K
Cap Rate 9%
$230,778
$230.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$27.0K $9.00/SF
− Vacancy
−$2.6K −$0.86/SF
EGI
$24.4K $8.15/SF
− OpEx
−$3.7K −$1.22/SF
NOI
$20.8K $6.92/SF
Area
Fort Worth, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,400
Cap Rate 7%
$296,714
Cap Rate 9%
$230,778
Alternative Uses
Best Use
Warehouse
$296.7K
$259.6K – $346.2K
NOI $20,770 @ 7.0% cap · market cap 830.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$953.6K – $1.27M
NOI $76,284 @ 7.0% cap · market cap 3,051.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76116, TX
51,639
Population
25,808
Households
2
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.3 sq mi
ZIP Area
4,198
Density / Sq Mi
$54,738
Median Household Income
$39,040
Median Earnings
$1,205
Median Rent
$286,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Fort Worth, TX
Properties on Market for Warehouses in Fort Worth
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Self Storage — 3215 w normandale st, fort worth, tx 76116
- StorQuest Self Storage — 9250 N Normandale St, Fort Worth, TX 76116
Frequently Asked Questions
What type of property is this?
Warehouse - Two-building configuration includes office space, utility connections and a fenced outdoor storage area.
Where is this warehouse located?
The property is located at 9508 Santa Paula Drive Fort Worth, TX.
What are key features of this property?
This property features: Two buildings total 3,000 square feet; Steel building measures 80' x 30' with 10' ceilings; Three roll‑up doors: 16' wide, 10' wide and 10' wide
