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Drive-Through Industrial Warehouse
For Sale
$2,950,000

4610 E Highway 199 Springtown, Springtown, TX 76082

Newer warehouse with shop-and-office buildout and multiple 14-ft roll-up bays for efficient equipment and fleet access.

Property Size16,200 SF
Lot Size16.00 Acres
Price / SF$184.38
Days on Market90

Property Features for 4610 E Highway 199 Springtown

General Information

Standard status Active
Size 16,200 SF
Lot size 16.00 Acres
Zoning front 6 acres city limits commercial,rear 10 county no zoning

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 8

Taxes and HOA fees

Annual Taxes $39,996

Building Details

Building Size 16,200 SF
Year Built 2019
Stories 1
Listed By: George Goodman
Source: Jparhouston
Added: Jul 9 Changed: Oct 6 Last Checked: Oct 5 at 3:33PM

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 George Goodman

Investment Insights

Based on property information with market context.

Industrial warehouse on over 16+ acres with a combined 16,000+ sq ft shop and office built in 2019. The facility offers 4 x 90-ft drive-through overhead door bays (8 total) with 14-ft roll-up doors, designed to support large equipment and fleet operations. Inside the shop, there is a reinforced concrete floor, 8 x 30-amp plugs positioned at each bay, and interior water spigots for practical industrial or service use. The shop includes a full bathroom, and the office has a public restroom, along with additional plumbing infrastructure. Shop interior walls are fully insulated, and the office layout provides flexibility for future growth, with room to expand on the existing ground level or add a second-story office buildout.

The property features over 400 feet of Highway 199 frontage and is split between city and outside-city acreage. Approximately the front 6 acres are located in Reno city limits and zoned INDUSTRIAL, while the rear 10 acres are located outside city limits.

With substantial yard space and in-place electrical, water, and plumbing improvements, this configuration is suited to users seeking functional warehouse access along with built-out office support.

Key Highlights

  • Over 16+ acres with 400+ ft of frontage on Highway 199
  • 2019‑built 16,000+ SF warehouse with shop‑and‑office combination
  • Four 90‑ft drive‑through overhead 14‑ft roll‑up door bays (8 total) for large equipment and fleet access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$117,312
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,346,240 $2.3M
Cap Rate 7%
$1,675,886 $1.7M
Cap Rate 9%
$1,303,467 $1.3M
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$192.0K $12.00/SF
− Vacancy
−$11.5K −$0.72/SF
EGI
$180.5K $11.28/SF
− OpEx
−$63.2K −$3.95/SF
NOI
$117.3K $7.33/SF
Area
Parker County, TX
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,346,240
Cap Rate 7%
$1,675,886
Cap Rate 9%
$1,303,467

Alternative Uses

Best Use
Industrial
$15.90M
$13.91M – $18.55M (±1% cap)
NOI $1,112,901 @ 7.0% cap · market cap 37.73%
Second Best
Flex RnD
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,312 @ 7.0% cap · market cap 3.98%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Repair Shop Furniture & Home Goods Catering Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
8
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby
Well-served
Demand for This Use

Demographics for 76082, TX

21,514
Population
8,576
Households
2.5
Avg Household Size
40
Median Age
16%
College-Educated
87%
High-School Grad
102.8 sq mi
ZIP Area
209
Density / Sq Mi
$93,553
Median Household Income
$49,323
Median Earnings
$1,275
Median Rent
$277,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Newer warehouse with shop-and-office buildout and multiple 14-ft roll-up bays for efficient equipment and fleet access.
Where is this flex space located?
The property is located at 4610 E Highway 199 Springtown Springtown, TX.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Over 16+ acres with 400+ ft of frontage on Highway 199; 2019‑built 16,000+ SF warehouse with shop‑and‑office combination; Four 90‑ft drive‑through overhead 14‑ft roll‑up door bays (8 total) for large equipment and fleet access
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