Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Ih 35w Fort Worth, TX

    • Distribution centers
    • 302,042 SF
    • 19.36 lot acres
    OFF-MARKET
    Last Sale
    Sep 03, 2021
    Value Estimations
    $16,765,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1787503
    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

    • Distribution centers

    Property Details for Ih 35w

    Year built
    2022
    Lot size
    19.36 lot acres
    Property size
    302,042 SF
    Property type
    Distribution centers
    APN
    28H-1-1B
    APU
    28H11B

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $12,645,000
      Current use
      OFFICE BUILDING
      $27,630,000
      Change: +119% Conversion: Difficult
      MEDICAL BUILDING
      $26,540,000
      Change: +110% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $13,650,000
      Change: +8% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3326
    Latitude
    32.7533
    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
    $459,906
    $3,373,284
    $18,984,099
    $22,357,383
    -
    $3,373,284
    $18,984,099
    $22,357,383

    Comparable in this City

    • Value Estimation
      $6,290,000
      122,655 SF

      Brentwood Dr, TX

      DISTRIBUTION WAREHOUSE • 122,655 SF
      Brentwood Dr, TX
      View Details
    • Value Estimation
      $43,560,000
      807,229 SF

      1400 Intermodal Pkwy

      DISTRIBUTION WAREHOUSE • 807,229 SF
      1400 Intermodal Pkwy, Fort Worth, TX
      View Details
    • Value Estimation
      $4,365,000
      73,904 SF

      Roy Orr Blvd

      DISTRIBUTION WAREHOUSE • 73,904 SF
      Roy Orr Blvd, Fort Worth, TX
      View Details
    • Value Estimation
      $8,140,000
      146,200 SF

      3324 Trinity Blvd

      DISTRIBUTION WAREHOUSE • 146,200 SF
      3324 Trinity Blvd, Fort Worth, TX
      View Details
    • Value Estimation
      $1,755,000
      29,625 SF

      John Redditt Dr, TX

      DISTRIBUTION WAREHOUSE • 29,625 SF
      John Redditt Dr, TX
      View Details
    • Value Estimation
      $12,145,000
      129,736 SF

      Old Gerault Rd, TX

      DISTRIBUTION WAREHOUSE • 129,736 SF
      Old Gerault Rd, TX
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      443,270 SF

      Eastport Logistics Distribution Warehouse

      New Class A distribution warehouse near Port Houston.
      5757 & Fm 2354, Baytown, TX
      View Details
    • Contact for pricing
      1,052,564 SF

      Northlake Distribution Warehouse For Rent

      Large distribution warehouse with cross-dock configuration available for lease.
      12301 Harmonson Rd, Northlake, TX
      View Details
    • Contact for pricing
      274,560 SF

      New Braunfels Industrial Development Opportunity

      Class A industrial development with 274,560 SF available.
      5606 Strimple St, New Braunfels, TX
      View Details
    • Contact for pricing
      73,062 SF

      Katy Warehouse Space Available

      73,062 SF warehouse space available 11/01/2026 in Katy, TX.
      7737 Cherokee Rd, Katy, TX
      View Details
    • Contact for pricing
      1,300,000 SF

      Highway 290 Development Site

      Large site suitable for distribution or manufacturing with highway frontage.
      290 & James Muse Pkwy, Prairie View, TX
      View Details
    • Contact for pricing
      767,520 SF

      Large Industrial Building For Sale

      767,520 SF industrial building with cross-dock configuration.
      2193 Discovery Hl Pkwy, Pattison, TX
      View Details

    Similar Nearby for Lease

    • $0.61 SF/Yr
      262,363 SF

      Mont Belvieu Warehouse and Distribution

      262,363 SF warehouse and distribution space available for lease.
      11249 I-10 East, Mont Belvieu, TX
      View Details
    • Contact for pricing
      308,505 SF

      Tomball Warehouse with Grand Parkway Access

      308,505 SF warehouse with cross-dock and highway access.
      Interchange Dr, Tomball, TX
      View Details
    • Contact for pricing
      711,000 SF

      Northeast Houston Logistics Center

      Class A distribution and warehouse space available for lease.
      US-90 Frontage, Houston, TX
      View Details
    • Contact for pricing
      180,767 SF

      Freezer/Cooler Distribution Facility

      Class A freezer/cooler facility suitable for distribution purposes.
      2500 N I-35, Denton, TX
      View Details
    • Contact for pricing
      339,400 SF

      McKinney Industrial Space For Lease

      339,400 SF industrial space available in McKinney National Business Park.
      851 Harry Mckillop Blvd, McKinney, TX
      View Details
    • Contact for pricing
      1,049,022 SF

      Northlake Distribution Center Available

      Modern distribution center in Alliance submarket with excellent access.
      3400 Catherine Ct E, Northlake, TX
      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.
    Ih 35w
    Fort Worth, TX
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!