Flex Unit with Two Roll-Up
141 Cimmarron Trail Runaway Bay, TX 76426
141 Cimmarron Trail, Runaway Bay, TX, 76426
$124,900
For Sale
$124,900
Industrial-style flex space with two roll-up doors and an existing electric meter for shop, workshop, or conversion use.
Property Size1,200 SF
Price / SF$104.08
Days on Market46
Property Features for 141 Cimmarron Trail
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2000
Listing Agency
AmbitionX Real Estate
(817) 730-6621
Listed by
Nathan Bowers · License #0671644
(817) 730-6621
Source
Signaturere
Added: Jun 3 Checked: Jul 17 at 9:57 am
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 AmbitionX Real Estate
Investment Insights
Based on property information with market context.
This commercially styled flex unit is approximately 1,200 square feet and designed for practical work-bay use. The space includes two bays, each served by a roll-up door, making it well suited for service and shop activities that require straightforward vehicle or equipment access. An existing electric meter is already in place, supporting immediate utility readiness for appropriate tenants or owners.
The property is located outside city limits and offers quick access to major highways, supporting an easy commute and convenient transportation for work crews and deliveries. It sits in a residential area, which can be relevant for users seeking a setting that may accommodate certain neighborhood-facing operations or future redevelopment concepts.
For buyers looking for flexible use, the current configuration lends itself to a mechanic shop or workshop, and the roll-up bay setup supports day-to-day service workflows. Investors may also consider the property’s adaptability for rental income or alternative uses. Prospective owners or tenants should evaluate permitted uses and any conversion plans based on applicable local requirements, given the property’s outside-city location and surrounding context.
The property is located outside city limits and offers quick access to major highways, supporting an easy commute and convenient transportation for work crews and deliveries. It sits in a residential area, which can be relevant for users seeking a setting that may accommodate certain neighborhood-facing operations or future redevelopment concepts.
For buyers looking for flexible use, the current configuration lends itself to a mechanic shop or workshop, and the roll-up bay setup supports day-to-day service workflows. Investors may also consider the property’s adaptability for rental income or alternative uses. Prospective owners or tenants should evaluate permitted uses and any conversion plans based on applicable local requirements, given the property’s outside-city location and surrounding context.
Key Highlights
- ~1,200 SF industrial‑style flex space
- Two bays with roll‑up doors
- Existing electric meter already in place
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.6k | $8.04 |
| − Vacancy | −$531 | −$0.44 |
| EGI | $9.1k | $7.60 |
| − OpEx | −$2.7k | −$2.28 |
| NOI | $6.4k | $5.32 |
1,200 SF · lease $8.04/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$284.5K
$249.0K – $332.0K
NOI $19,918 @ 7.0% cap · market cap 15.95%
Second Best
Industrial
$91.2K
$79.8K – $106.4K
NOI $6,382 @ 7.0% cap · market cap 5.11%
Theoretical Best
Hotel Hospitality
$903.9K
$790.9K – $1.05M
NOI $63,270 @ 7.0% cap · market cap 50.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Industrial-style flex space with two roll-up doors and an existing electric meter for shop, workshop, or conversion use.
Where is this flex space located?
The property is located at 141 Cimmarron Trail Runaway Bay, TX.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: ~1,200 SF industrial‑style flex space; Two bays with roll‑up doors; Existing electric meter already in place
