Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Storage Portfolio Outside Ft. Worth Title is generated by Realmo AI

    1050 W Hwy 199, Springtown, TX 76082

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two-property storage portfolio totaling 150,980 SF with 950 units.

    Type:Self Storage
    Property size:
    150,980 SF
    Price / SF:
    $72/SF
    Added:
    Mar 5, 2026
    Days on Market:
    87
    Last Refresh:
    Mar 16 at 2:53 pm

    Property Features for 1050 W Hwy 199

    General Information

    Standard status
    Active
    Size
    150,980 SF
    Property subtype
    Self Storage

    Building Details

    Year Built
    1999

    We can help!

    Listing Contact
    Danny Cunningham

    Listing agent Danny Cunningham License #TX 635835

    Listing office Marcus & Millichap - Fort Worth

    Listing date Mar 5, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Worth

    HighLights

    • 150,980 SF Storage Portfolio
    • Located Outside Ft. Worth, TX
    • Features 950 Units
    • Replacement Cost: $72.86
    • Built in 1999
    • 2 Property Portfolio

    Overview

    This offering consists of a two-property storage portfolio located outside of Ft. Worth, TX. The portfolio encompasses a total of 150,980 square feet and includes 950 individual units. The estimated replacement cost is $72.86 per square foot. The properties are suitable for self-storage and other commercial real estate uses.
    Location Intelligence

    Current Use by Public Records

    Springtown Self Storage Storage Facility

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness Center Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.7014
    Latitude
    32.970947

    Nearby Similar for Sale

    • $150,000
      952 SF

      Commercial Property on Growing Corridor

      Commercial property with high visibility and potential for office or retail.
      321 W Highway 199, Springtown, TX 76082
      View Details
    • $925,000
      15,500 SF

      Springtown Retail and Animal Haven

      Versatile 5-acre property with commercial potential and animal facilities.
      5058 W Highway 199, Springtown, TX 76082
      View Details
    • $550,000
      2,213 SF

      Springtown Farm/Ranch with Modern Home

      Executive 4-bed home with deep water well and insulated shed.
      3250 Springfield RD, Springtown, TX 76082
      View Details
    • $695,000

      Highway Frontage Commercial Opportunity

      Highly visible commercial property suitable for various uses in Springtown.
      936 E Highway 199, Springtown, TX 76082
      View Details
    • $574,900
      4,200 SF

      Springtown Farm/Ranch Opportunity Awaits

      Land with potential for expansion, gardening, or rural living.
      303 New Highland Road, Springtown, TX 76082
      View Details
    • $120,000
      1,243 SF

      Commercial Building on Large Lot

      Versatile retail building on 0.34 acre lot in Springtown.
      614 N Main Street, Springtown, TX 76082
      View Details
    • $940,500
      2,304 SF

      Springtown Farmhouse with Modern Updates

      Updated farmhouse on 14 acres, close to Fort Worth.
      3559 Springfield Road, Springtown, TX 76082
      View Details
    • $799,000
      2,304 SF

      Springtown Farm/Ranch with Modern Home

      30+ acre AG-exempt Texas paradise with new custom home.
      599 Private Road 3630, Springtown, TX 76020
      View Details
    • $2,999,000
      10,136 SF

      Springtown Ranch with Income Potential

      39.26-acre ranch near Fort Worth with multiple residences.
      383 County Rd 3672, Springtown, TX 76082
      View Details
    • $674,900
      2,000 SF

      Equestrian Property with Acreage

      Spacious home on 10+ acres, ideal for country living.
      262 N Cheyenne Trail, Springtown, TX 76082
      View Details
    • $549,000
      1,831 SF

      Horse-Ready Property on 3.5 Acres

      Texas living with horse facilities, open pasture, and comfortable home.
      119 Cooperstown Drive, Springtown, TX 76082
      View Details
    • $674,900
      2,000 SF

      Springtown Farm/Ranch with Acreage

      Spacious country home on 10+ acres, ideal for rural living.
      262 N Cheyenne Trail, Springtown, TX 76082
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Two-property storage portfolio totaling 150,980 SF with 950 units.
    Where is this self storage facility located?
    The property is located at 1050 W Hwy 199 Springtown, TX.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: 150,980 SF Storage Portfolio; Located Outside Ft. Worth, TX; Features 950 Units
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Danny Cunningham
    Real Estate License ID: TX 635835
    Learn More
    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.
    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
    1050 W Hwy 199, Springtown, TX 76082
    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!