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    1291 Hwy 199 Hwy Springtown, TX 76082

    For Sale
    $285,500

    Prime .7-acre retail space, multiple buildings.

    Property size:
    720 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional Springtown commercial property presents a unique investment opportunity. Situated on a highly visible 0.7-acre corner lot in a high-traffic area near Tractor Supply, this property boasts a main building of 750 square feet, ideally suited for a variety of retail uses. The main building includes ample space for three offices, a kitchen, and a bathroom. Attached is a convenient metal garage with a utility area, adding to the property's versatility. Further enhancing its functionality are two additional metal buildings. One measures 576 square feet with a roll-up door, perfect for storage or workshop space, while the other offers 484 square feet, also equipped with a roll-up door. The property's adaptability makes it suitable for a wide range of businesses, including retail, garage, warehouse, or auto shop operations. Previously used as a car lot, the property features metal railing along the front, adding to its curb appeal and functionality. The 720 square foot main building offers a solid foundation for a thriving business, complemented by the substantial additional storage and workspace provided by the metal buildings. This property's prime location and versatile layout make it an attractive proposition for discerning investors seeking a strong return on investment. The asking price is $285,500.

    Property Features for 1291 Hwy 199 Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    720 SF
    Lot Size
    30,492 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.65387
    Latitude
    32.94968

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    FAQs

    What type of property is this?
    Retail property - Prime .7-acre retail space, multiple buildings.
    Where is this retail property located?
    The property is located at 1291 Hwy 199 Hwy Springtown, TX.
    What is the asking price?
    The asking price for this property is $285,500.
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    1291 Hwy 199 Hwy Springtown, TX 76082
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    Springtown, TX 76082
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    Realmo Value Estimation

    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.

    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.

    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
    1291 Hwy 199 Hwy Springtown, TX 76082
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