Versatile Flex Space in
312 S Hampton Road Crowley, TX 76036
312 S Hampton Road, Crowley, TX, 76036
$250,000
For Sale
$250,000
1200 sq ft flex space near Crowley city hall.
Property Size1,200 SF
Price / SF$208.33
Days on Market93
Property Features for 312 S Hampton Road
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1973
Listing agency
Ready Real Estate LLC
(817) 569-8200
Listed by
Joan Cunningham · License #0729716
(817) 715-2609
Source
Signaturere
Added: Apr 22 Updated: Jul 10 at 1:18PM Checked: Jul 22 at 6:36AM
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 Ready Real Estate LLC
Investment Insights
Based on property information with market context.
Located just south of Crowley city hall, this 1200 square foot building features approximately 400 square feet of office space and about 800 square feet of workshop area. The workshop is accessible through two bay doors and also from the office. The property is currently used for office and storage purposes, but has previously accommodated multiple small businesses. It may be suitable for a service-based business.
Key Highlights
- Versatile 1200 sq ft building suitable for office, storage, or workshop.
- Approximately 400 sq ft of office space.
- Features an 800 sq ft workshop accessible via 2 bay doors.
Local Financial Insights For Office B
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 | $36.9k | $30.72 |
| − Vacancy | −$9.2k | −$7.68 |
| EGI | $27.6k | $23.04 |
| − OpEx | −$6.9k | −$5.76 |
| NOI | $20.7k | $17.28 |
1,200 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$296.2K
$259.2K – $345.6K
NOI $20,736 @ 7.0% cap · market cap 8.29%
Second Best
Flex RnD
$188.3K
$164.7K – $219.7K
NOI $13,179 @ 7.0% cap · market cap 5.27%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Detail Home Inspection, ...
Home Inspector
Similar For Sale Nearby
Similar Off Market Nearby
- V&G Dream Catering — v&g dream catering, 325 ferenz ave, crowley, tx 76036
FAQs
What type of property is this?
Flex space - 1200 sq ft flex space near Crowley city hall.
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: Versatile 1200 sq ft building suitable for office, storage, or workshop.; Approximately 400 sq ft of office space.; **Features an 800 sq ft workshop accessible via 2 bay doors.**
