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Flex Space with Workshop
New
For Sale
$250,000

312 S Hampton Road, Crowley, TX 76036

CommercialSale, Crowley, TX

Property Size1,200 SF
Lot Size0.12 Acres
Price / SF$208.33
Days on Market1

Property Features for 312 S Hampton Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Garage
Subdivision FRYEAR, A B SURVEY
Directions From I35, exit FM 1187 and go west. South on S Hampton and property is on the right.
Standard status Active
APN 03889114
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description FRYEAR, A B SURVEY ABSTRACT 535 TRACT 1D
Tax Annual Amount 1958
Legal Description FRYEAR, A B SURVEY ABSTRACT 535 TRACT 1D

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1973
Floors in Building 1
Number of units 1
Flooring type Concrete, Vinyl
Building materials MetalSiding
Roof type Metal
Listing Agency: Ready Real Estate LLC
Listed By: Joan Cunningham · License #0729716
Added: Oct 5 Last Checked: Oct 5 at 11:06PM
MLS# 21403278

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 1,200-square-foot flex building divides its interior between approximately 400 square feet of office space and 800 square feet of workshop area. The workshop connects to the office and has two bay doors. Current use is office and storage; the building has also accommodated multiple small businesses.

The property is just south of Crowley City Hall. Metal siding and a metal roof are among the building’s stated construction features, with concrete and vinyl flooring. Public water and sewer serve the property.

Key Highlights

  • 1,200‑square‑foot building with approximately 400 square feet of office and 800 square feet of workshop space
  • Workshop has two bay doors and access to the office
  • Current office and storage use; previously used by multiple small businesses

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 (±1% cap)
NOI $13,179 @ 7.0% cap · market cap 5.27%
Second Best
Industrial
$96.7K
$84.6K – $112.8K (±1% cap)
NOI $6,766 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$422.1K
$369.4K – $492.5K (±1% cap)
NOI $29,549 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Detail Home Inspection, ... Home Inspector

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
Under-served
Demand for This Use

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
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Office and work areas are arranged in a single building, with the workshop connected to two bay doors.
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‑foot building with approximately 400 square feet of office and 800 square feet of workshop space; Workshop has two bay doors and access to the office; Current office and storage use; previously used by multiple small businesses
More about this property
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