Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1160 Gateway Blvd Forney, TX 75126
    Property profile & analytics

    1160 Gateway Blvd, Forney, TX 75126

    View on Map
    • Warehouses
    • 280,728 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1160 Gateway Blvd

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional Class A industrial property, known as Forney Gateway, offers a rare opportunity for businesses seeking warehouse space in the thriving Forney, Texas market. Located in Gateway Business Park with convenient access to Highway 80 and I-20, this development provides unparalleled logistical advantages. The property comprises two modern buildings totaling 280,728 square feet of leasable space. Building 1 boasts an impressive 219,608 square feet (283' x 776'), while Building 2 offers 61,120 square feet (160' x 382'). Currently, the entire 280,728 square feet is available for lease. Flexible lease terms are available, accommodating spaces ranging from a minimum of 61,120 square feet up to a maximum contiguous space of 219,608 square feet. Key features include a generous 32-foot clear height, efficient 50' x 54' column spacing (60' at staging bays), ESFR sprinklers for superior fire protection, and energy-efficient LED lighting throughout the warehouse and exterior areas. Construction is slated to begin summer 2023, presenting a chance to secure space in a brand-new, state-of-the-art facility. This is an ideal location for businesses seeking a modern, efficient, and strategically located warehouse solution.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.4128
    Latitude
    32.7342

    Comparable in this City

    • Value Estimation by Request
      1,300 SF

      10759 Neal Rd

      Manufacturing properties
      10759 Neal Rd, Forney, TX 75126
      View Details
    • Value Estimation by Request
      1.87 Acres

      855 Us Hwy 80

      INDUSTRIAL (GENERAL)
      855 Us Hwy 80, Forney, TX 75126-8614
      View Details
    • Value Estimation
      $13,995,000
      904,200 SF

      11379 County Rd 212

      INDUSTRIAL (GENERAL)
      11379 County Rd 212, Forney, TX 75126
      View Details
    • Value Estimation
      $17,735,000
      1,120,000 SF

      1475 Akron Way

      INDUSTRIAL (GENERAL)
      1475 Akron Way, Forney, TX 75126-3566
      View Details
    • Value Estimation
      $545,000
      48,000 SF

      714 Elm St

      INDUSTRIAL (GENERAL)
      714 Elm St, Forney, TX 75126-8646
      View Details
    • Value Estimation by Request
      32,400 SF

      9041 Old Nacogdoches Trl

      INDUSTRIAL (GENERAL)
      9041 Old Nacogdoches Trl, Forney, TX 75126-7429
      View Details

    Similar Nearby for Sale

    • New
      $1,400,000
      5,000 SF

      Forney Retail/Warehouse Opportunity

      Versatile building on Broad Street with showroom, offices, and warehouse.
      103 W Broad St, Forney, TX 75126
      View Details
    • Contact for pricing
      61,296 SF

      Retail/Showroom/Warehouse For Sale

      Retail, showroom, and warehouse property available for purchase.
      303 Us Highway 80, Forney, TX 75126
      View Details
    • Contact for pricing
      9,600 SF

      Forney Industrial Building with Office

      9,600 SF light industrial building with office and warehouse space.
      110 Industrial Dr, Forney, TX 75126
      View Details
    • Contact for pricing
      1,650 SF

      Versatile Commercial Space in Forney

      Warehouse space with climate-controlled office in growing Forney, Texas.
      305 W Aimee St, Forney, TX 75126
      View Details
    • Contact for pricing
      32,000 SF

      Forney Warehouse with Office Space

      32,000 SF warehouse with office and retail zoning.
      119 E Us Highway 80, Forney, TX 75126
      View Details
    • $275,000
      0.09 Acres

      Versatile Industrial Space in Forney

      Light industrial space with climate-controlled office in growing Forney.
      305 W Aimee St, Forney, TX 75126
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,273,727 SF

      Large Industrial Warehouse Space Available

      1,273,727 SF industrial space with 40' clear height.
      1173 Akron Way, Forney, TX 75126
      View Details
    • Contact for pricing
      119,972 SF

      Forney Warehouse with Spec Office

      175,092 SF warehouse with 3,394 SF spec office.
      733 Ridgecrest Rd, Forney, TX 75126
      View Details
    • Contact for pricing
      145,020 SF

      Forney Industrial Space Available

      145,020 SF industrial space for lease in Forney, TX.
      721 Ridgecrest Rd, Forney, TX 75126
      View Details
    • Contact for pricing
      473,397 SF

      Master Planned Business Park

      Class A industrial building with LEED certification in Forney, TX.
      1224 Sage Hill Pkwy, Forney, TX 75126
      View Details
    • Contact for pricing
      1,024,549 SF

      Master Planned Business Park

      Class A distribution building with LEED certification in Forney, TX.
      1220 Sage Hill Pkwy, Forney, TX 75126
      View Details
    • Contact for pricing

      Versatile Catering Facility in Forney

      Full-service catering facility or warehouse space available for rent.
      9675 Helms Trl, Forney, TX 75126
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1160 Gateway Blvd
    Forney, TX 75126
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1160 Gateway Blvd, Forney, TX, 75126
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!