13053 Gtwy Alliance Dr Fort Worth, TX 76244-8117
- Warehouses
- 25,080 SF
- 19.56 lot acres
Current Use by Public Records
- Warehouses
Property Details for 13053 Gtwy Alliance Dr
- Year built
- 1999
- Lot size
- 19.56 lot acres
- Property size
- 25,080 SF
- Property type
- Warehouses
- APN
- A1305-1E
- APU
- A13051E
Description
This exceptional investment opportunity presents a 27,910-square-foot multi-tenant warehouse complex in Fort Worth, Texas. Located at 13053 Gateway Alliance Dr, 76244, this Class B property sits on a substantial 19.56-acre lot, offering significant potential for future expansion. The property boasts five buildings, including approximately 13,074 square feet of warehouse space and 14,836 square feet of office space, all currently 100% occupied under gross leases. Thirteen grade-level loading docks provide efficient access. The property features an estimated nine acres of usable land dedicated to industrial outdoor storage (IOS), a rapidly growing market segment. Built between 1999 and 2018, this fee-simple offering presents a compelling investment with a current cap rate of 7.11% and a pro-forma cap rate of 8.11%. The asking price is $8,000,000, translating to $2,666,666.67 per unit and $9.39 per square foot. The property is zoned for light industrial use and benefits from its strategic location in the Northeast Tarrant/Alliance area, a primary industrial node in the Dallas-Fort Worth metroplex, with convenient access to major highways and airports. This property offers a rare combination of existing income and significant upside potential in a thriving market. The low building coverage ratio of 7.5 percent further highlights the development potential of the substantial land parcel.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,905,000
- 6.5%
- $2,685,000
- 7%
- $2,490,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,099,000
Market price range: $716k - $3.52M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,160,000 Current use
- RESTAURANT
- $3,015,000 Change: +39% Conversion: Difficult
- OFFICE BUILDING
- $2,720,000 Change: +26% Conversion: Difficult
- MEDICAL BUILDING
- $2,000,000 Change: -7% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,995,000 Change: -8% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2503
- Latitude
- 32.9661
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA