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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    920 Kennedale Pkwy Kennedale, TX 76060-3224

    • Office buildings
    • 0.03 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-7639419
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 920 Kennedale Pkwy

    Year built
    1975
    Lot size
    0.03 lot acres
    Property type
    Office buildings
    APN
    A 378-1A03A
    APU
    A3781A03A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kennedale
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2109
    Latitude
    32.6366
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23
    $980
    $0.00
    $980
    -
    $980
    $0.00
    $980

    Comparable in this City

    • Value Estimation by Request
      3,060 SF

      501 Kennedale Pkwy

      OFFICE BUILDING • 3,060 SF
      501 Kennedale Pkwy, Kennedale, TX 76060-4619
      View Details
    • Value Estimation by Request
      2,400 SF

      1054 Mansfield Cardinal Rd

      OFFICE BUILDING • 2,400 SF
      1054 Mansfield Cardinal Rd, Kennedale, TX 76060
      View Details
    • Value Estimation by Request
      2,392 SF

      209 New Hope Rd

      OFFICE BUILDING • 2,392 SF
      209 New Hope Rd, Kennedale, TX 76060-3203
      View Details
    • Value Estimation by Request
      0.26 Acres

      109 New Hope Rd

      OFFICE BUILDING • 0.26 Acres
      109 New Hope Rd, Kennedale, TX 76060-3403
      View Details
    • Value Estimation by Request
      6,012 SF

      929 Kennedale Pkwy

      OFFICE BUILDING • 6,012 SF
      929 Kennedale Pkwy, Kennedale, TX 76060
      View Details
    • Value Estimation by Request
      2,960 SF

      938 Kennedale Pkwy

      OFFICE BUILDING • 2,960 SF
      938 Kennedale Pkwy, Kennedale, TX 76060-3224
      View Details

    Similar Nearby for Sale

    • $950,000

      Land Available in Kennedale, TX

      Land for sale in Kennedale, Texas.
      1200 Mansfield Cardinal Rd, Kennedale, TX 76060
      View Details
    • $135,000
      0.27 Acres

      Vacant Land in Kennedale, TX

      Vacant land for new home construction in Kennedale, Texas.
      392 North Rd, Kennedale, TX 76060
      View Details
    • $599,000
      2.00 Acres

      Two Acres in Thriving Kennedale

      Two-acre property with residential and commercial potential in Kennedale, TX.
      600 Little School Rd, Kennedale, TX 76060
      View Details
    • New
      $2,599,999
      89.97 Acres

      Large Land Parcel in Kennedale

      Almost 90 acres in Tarrant County, ready for development.
      3780 Kennedale New Hope Rd, Kennedale, TX 76060
      View Details
    • $475,000
      7,054 SF

      Commercial Land in Kennedale, TX

      Commercial land available in Kennedale, Texas.
      800 W Kennedale Pkwy, Kennedale, TX 76060
      View Details
    • $510,900
      1.97 Acres

      Residential Vacant Lot in Kennedale

      1.97-acre residential vacant lot in Kennedale, Tarrant County, Texas.
      5746 Eden Rd, Kennedale, TX 76060
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      21,000 SF

      Newer Construction Warehouse Space

      Flexible lease sizes in a highly desirable location.
      7515 Hudson Cemetery Rd, Kennedale, TX 76060
      View Details
    • Contact for pricing
      47,076 SF

      Kennedale Warehouse Space Available

      47,076 square foot warehouse space for lease in Kennedale.
      695 Tower Dr, Kennedale, TX 76060
      View Details
    • $4 SF/Yr
      18,446 SF

      Kennedale Warehouse Space Available

      18,446 square foot warehouse space for lease in Kennedale, TX.
      732 W Kennedale Pkwy, Kennedale, TX 76060
      View Details
    • $12 SF/Yr
      38,250 SF

      Newer Construction Warehouse For Lease

      Newer construction warehouse with flexible lease sizes in Kennedale, TX.
      7416 Mansfield Hwy, Kennedale, TX 76060
      View Details
    • Contact for pricing
      30,000 SF

      Kennedale Warehouse Space Available

      30,000 square foot warehouse space for rent in Kennedale.
      635 Tower Dr, Kennedale, TX 76060
      View Details
    • $25 SF/Yr
      1,112 SF

      Retail Space in Kennedale, TX

      Retail space available for lease in Kennedale, Texas.
      5081 Little School Rd, Kennedale, TX 76060
      View Details
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    Kennedale, TX 76060-3224
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    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
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