Industrial Land with Metal
3433 E Hwy 199 Springtown, TX 76082
For Sale
Contact for pricing
4.33-acre parcel on E Hwy 199 in unincorporated Parker County with a metal building and small office house.
Property Size5,680 SF
Lot Size4.33 Acres
Price / SF$171.65
Days on Market116
Property Features for 3433 E Hwy 199
General Information
- Standard status
- Active
- Size
- 5,680 SF
- Lot size
- 4.33 Acres
- Property subtype
- Industrial, Land
Listing Agency:
Waypoint Real Estate Development & Advisors
(817) 991-5072
Listed By:
Derek Anthony · License #TX 677154
Source:
Crexi
Added: Mar 31
Changed: Jul 22
Last Checked: Jul 23 at 2:12PM
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 Waypoint Real Estate Development & Advisors
Investment Insights
Based on property information with market context.
This for-sale parcel offers 4.33 acres of industrial land fronting E Hwy 199 in unincorporated Parker County with no zoning. The property includes a 2,480 SF house/office and a 40' x 80' metal building with two restrooms, noting the building is not climate controlled.
Two curb cuts are already in place for driveway access to the site. Public remarks indicate there is no flood zone, very little topography variation, and no gas pipelines affecting the property.
The parcel’s configuration supports a range of outdoor and light industrial uses referenced in the remarks, including textile, self-storage, truck terminal, and industrial outdoor storage.
Two curb cuts are already in place for driveway access to the site. Public remarks indicate there is no flood zone, very little topography variation, and no gas pipelines affecting the property.
The parcel’s configuration supports a range of outdoor and light industrial uses referenced in the remarks, including textile, self-storage, truck terminal, and industrial outdoor storage.
Key Highlights
- 4.33‑acre parcel fronting E Hwy 199 in unincorporated Parker County with no zoning
- Includes a 40' x 80' metal building with 2 restrooms (non‑climate controlled)
- House/office on site offers 2,480 SF
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 | $51.1k | $9.00 |
| − Vacancy | −$4.7k | −$0.82 |
| EGI | $46.5k | $8.18 |
| − OpEx | −$7.0k | −$1.23 |
| NOI | $39.5k | $6.95 |
5,680 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$564.3K
$493.7K – $658.3K
NOI $39,498 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$5.64M
$4.94M – $6.58M
NOI $395,080 @ 7.0% cap · market cap 40.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Industrial land
FAQs
What type of property is this?
Industrial land - 4.33-acre parcel on E Hwy 199 in unincorporated Parker County with a metal building and small office house.
Where is this industrial land located?
The property is located at 3433 E Hwy 199 Springtown, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 4.33‑acre parcel fronting E Hwy 199 in unincorporated Parker County with no zoning; Includes a 40' x 80' metal building with 2 restrooms (non‑climate controlled); House/office on site offers 2,480 SF
