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199 County Road Bb, Groom, TX, 79039
Workshop with Office and Carport

199 County Road Bb Groom, TX 79039

For Sale
$660,000

A large 106x50 shop with offices, kitchen, bathroom, workspace, and carport parking on 3.6 acres for sale.

Property Size2,645 SF
Lot Size3.60 Acres
Price / SF$249.53
Days on Market17

Property Features for 199 County Road Bb

General Information

Standard status
Active
Size
2,645 SF
Lot size
3.60 Acres
Property subtype
Commercial

Building Details

Year Built
1969
Listing Agency: Fathom Realty, LLC
Listed By: Kelsey Garcia
Source: Shopamarillohomes
Added: Jul 7 Changed: Jul 22 Last Checked: Jul 22 at 11:58PM

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 Fathom Realty, LLC


Investment Insights

Based on property information with market context.

This property offers a sizable 106x50 shop along with a redesigned home on 3.6 acres. The shop includes dedicated offices, a kitchen, a bathroom, workspace, and carport parking. The home features four bedrooms, three bathrooms, and a large basement that may serve as a second living area or a 4th bedroom, with the basement not included in the stated square footage.

Additional exterior improvements include a newer roof installed in 2022 and a well installed in 2023. Interior updates include new flooring and paint, along with a custom kitchen featuring granite countertops, high-end appliances, and custom bathrooms. Outdoor living is supported by a spacious back patio with a large gable, an outdoor kitchen, and a tall privacy fence, plus a front pergola.

The basement area is noted as not included in the square footage. An option is also available to purchase the house with 1 acre only.

Key Highlights

  • 3.6‑acre property with a 106x50 shop featuring offices, kitchen, bathroom, workspace, and carport parking
  • Home offers 4 bedrooms and 3 bathrooms with a large basement that can be used as a second living area or 4th bedroom (not included in square footage)
  • Custom kitchen with granite countertops and high‑end appliances

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 $25.4k $9.60
− Vacancy −$1.0k −$0.38
EGI $24.4k $9.22
− OpEx −$3.7k −$1.38
NOI $20.7k $7.83
2,645 SF · lease $9.60/SF/yr · vacancy 4.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$296.0K
$259.0K – $345.3K (±1% cap)
NOI $20,720 @ 7.0% cap · market cap 3.14%
Second Best
Flex RnD
$271.2K
$237.3K – $316.4K (±1% cap)
NOI $18,981 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$590.5K
$516.7K – $689.0K (±1% cap)
NOI $41,338 @ 7.0% cap · market cap 6.26%
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 - A large 106x50 shop with offices, kitchen, bathroom, workspace, and carport parking on 3.6 acres for sale.
Where is this flex space located?
The property is located at 199 County Road Bb Groom, TX.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 3.6‑acre property with a 106x50 shop featuring offices, kitchen, bathroom, workspace, and carport parking; Home offers 4 bedrooms and 3 bathrooms with a large basement that can be used as a second living area or 4th bedroom (not included in square footage); Custom kitchen with granite countertops and high‑end appliances
More about this property
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