Springtown Warehouse For
2122 E Hwy 199 Springtown, TX
For Sale
Contact for pricing
5,820 SF warehouse in Springtown, Texas available for purchase.
Property Size5,820 SF
Lot Size0.97 Acres
Price / SF$94.50
Days on Market492
Property Features for 2122 E Hwy 199
General Information
- Standard status
- Active
- Size
- 5,820 SF
- Lot size
- 0.97 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
PMW Realty Partners
(817) 588-3500
Listed By:
Payne Pittman
(817) 588-3500
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:31AM
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
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 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 | $52.4k | $9.00 |
| − Vacancy | −$4.8k | −$0.82 |
| EGI | $47.6k | $8.18 |
| − OpEx | −$7.1k | −$1.23 |
| NOI | $40.5k | $6.95 |
5,820 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
FAQs
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
