Flex Space with Two-Bay
For Sale
$250,000
312 S Hampton Road, Crowley, TX 76036
A split office and workshop layout supports a range of small-business operations.
Property Size1,200 SF
Price / SF$208.33
Days on Market10
Property Features for 312 S Hampton Road
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Warehouse & Industrial
Warehouse Space
800 SF
Office Build-Out
400 SF
Building Details
Year Built
1973
Buildings
1
Building Size
1,200 SF
Listing Agency:
Ekdahl Real Estate STAMFORD
(325) 773-3676
Listed By:
Christine Beckendorf
(817) 783-9497
Source:
Txluxere
Added: Oct 5
Changed: Oct 13
Last Checked: Oct 12 at 6:55PM
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 Ekdahl Real Estate STAMFORD
Investment Insights
Based on property information with market context.
This 1,200-square-foot flex property contains approximately 400 square feet of office area and 800 square feet of workshop space. Two bay doors provide access to the workshop, which also connects to the office. The building was constructed in 1973 and is currently used for office and storage purposes.
The property is located just south of Crowley City Hall at 312 S Hampton Road in Crowley, Texas. Its existing division between office and shop areas is suited to service-oriented business use.
The property is located just south of Crowley City Hall at 312 S Hampton Road in Crowley, Texas. Its existing division between office and shop areas is suited to service-oriented business use.
Key Highlights
- 1,200 square feet total, with about 400 square feet of office and 800 square feet of workshop
- Two bay doors serve the workshop, with additional access from the office
- Built in 1973
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,179
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,580
$263.6K
Cap Rate 7%
$188,271
$188.3K
Cap Rate 9%
$146,433
$146.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$23.0K $19.20/SF
− Vacancy
−$2.8K −$2.30/SF
EGI
$20.3K $16.90/SF
− OpEx
−$7.1K −$5.91/SF
NOI
$13.2K $10.98/SF
Area
Tarrant County, TX
Vacancy
12.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,580
Cap Rate 7%
$188,271
Cap Rate 9%
$146,433
Alternative Uses
Best Use
Flex RnD
$188.3K
$164.7K – $219.7K
NOI $13,179 @ 7.0% cap · market cap 5.27%
Second Best
Industrial
$96.7K
$84.6K – $112.8K
NOI $6,766 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$422.1K
$369.4K – $492.5K
NOI $29,549 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76036, TX
31,589
Population
11,807
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
44.1 sq mi
ZIP Area
716
Density / Sq Mi
$94,124
Median Household Income
$48,214
Median Earnings
$1,579
Median Rent
$288,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- V&G Dream Catering — v&g dream catering, 325 ferenz ave, crowley, tx 76036
Frequently Asked Questions
What type of property is this?
Flex space - A split office and workshop layout supports a range of small-business operations.
Where is this flex space located?
The property is located at 312 S Hampton Road Crowley, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,200 square feet total, with about 400 square feet of office and 800 square feet of workshop; Two bay doors serve the workshop, with additional access from the office; Built in 1973
