Springtown Warehouse For
For Sale
Contact for pricing
2122 E Hwy 199, Springtown, TX
5,820 SF warehouse in Springtown, Texas available for purchase.
Property Size5,820 SF
Lot Size0.97 Acres
Price / SF$94.50
Days on Market582
Property Features for 2122 E Hwy 199
General Information
Standard status
Active
Size
5,820 SF
Lot size
0.97 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 2122 E Hwy 199
2122 E Hwy 199
AVAILABLE, Now
Floor
Bldg
Size
5,820 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
Listing Agency:
PMW Realty Partners
Listed By:
Payne Pittman
(817) 588-3500
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Oct 1
Last Checked: Oct 21 at 12:10AM
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 PMW Realty Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 5,820 square foot warehouse property is available for purchase in Springtown, Texas. The property is classified as an industrial warehouse.
Key Highlights
- 5,820 SF warehouse
- Located in Springtown, Texas
- Available for purchase
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,471
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,420
$809.4K
Cap Rate 7%
$578,157
$578.2K
Cap Rate 9%
$449,678
$449.7K
Market Conditions
NOI Build-Up for 5,820 SF
Gross rent
$52.4K $9.00/SF
− Vacancy
−$4.8K −$0.82/SF
EGI
$47.6K $8.18/SF
− OpEx
−$7.1K −$1.23/SF
NOI
$40.5K $6.95/SF
Area
Parker County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,420
Cap Rate 7%
$578,157
Cap Rate 9%
$449,678
Alternative Uses
Best Use
Industrial
$5.78M
$5.06M – $6.75M
NOI $404,818 @ 7.0% cap · market cap 73.60%
Second Best
Warehouse
$578.2K
$505.9K – $674.5K
NOI $40,471 @ 7.0% cap · market cap 7.36%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
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Business Placement
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
Frequently Asked Questions
What type of property is this?
Industrial property - 5,820 SF warehouse in Springtown, Texas available for purchase.
Where is this industrial property located?
The property is located at 2122 E Hwy 199 Springtown, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 5,820 SF warehouse; Located in Springtown, Texas; Available for purchase
