Flex Unit with Two Roll-Up
141 Cimmarron Trail Runaway Bay, TX 76426
For Sale
$120,000
Versatile commercial-style unit with two roll-up doors and an existing electric meter, suited for workshop or business use.
Property Size1,200 SF
Price / SF$100
Days on Market88
Property Features for 141 Cimmarron Trail
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Business Opportunities
Building Details
- Year Built
- 2000
Listing Agency:
AmbitionX Real Estate
(817) 914-1033
Listed By:
Nathan Bowers · License #0671644
(817) 914-1033
Source:
Xome
Added: Apr 28
Changed: Jul 24
Last Checked: Jul 24 at 5:41AM
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 versatile commercial-style flex unit offers approximately 1,200 square feet and includes two bays with roll-up doors. An existing electric meter is already in place, supporting practical business and workshop setups.
The property is located at 141 Cimmarron Trail in Runaway Bay, TX, outside city limits, with quick access to major highways for an easier commute.
While currently configured as a flex/workshop type space, the layout is designed to accommodate a range of uses, including mechanic shop or workshop operations, rental income possibilities, or future residential conversion, subject to applicable requirements.
The property is located at 141 Cimmarron Trail in Runaway Bay, TX, outside city limits, with quick access to major highways for an easier commute.
While currently configured as a flex/workshop type space, the layout is designed to accommodate a range of uses, including mechanic shop or workshop operations, rental income possibilities, or future residential conversion, subject to applicable requirements.
Key Highlights
- Approximately 1,200 SF commercial‑style unit with two bays and roll‑up doors
- Existing electric meter already in place
- Cooling: A/C - Other; Heating: 3
Financial Insights For Warehouse
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 | −$1.4k | −$1.14 |
| NOI | $7.7k | $6.46 |
1,200 SF · lease $8.04/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Retail
$284.5K
$249.0K – $332.0K
NOI $19,918 @ 7.0% cap · market cap 16.60%
Second Best
Warehouse
$110.7K
$96.9K – $129.2K
NOI $7,750 @ 7.0% cap · market cap 6.46%
Theoretical Best
Hotel Hospitality
$903.9K
$790.9K – $1.05M
NOI $63,270 @ 7.0% cap · market cap 52.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Versatile commercial-style unit with two roll-up doors and an existing electric meter, suited for workshop or business 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 $120,000.
What are key features of this property?
This property features: Approximately 1,200 SF commercial‑style unit with two bays and roll‑up doors; Existing electric meter already in place; Cooling: A/C - Other; Heating: 3
