Three-Unit Retail
New
For Sale
Contact for pricing
4902 E Highway 199, Springtown, TX 76082
Three separate spaces accommodate retail, office, or service businesses, with each unit available for individual occupancy.
Property Size1,800 SF
Price / SF$1.17
Days on Market2
Property Features for 4902 E Highway 199
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1977
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 29
Last Checked: Oct 29 at 2:46PM
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 Magnorum Realty Services, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property contains three distinct units, each offered for separate occupancy. The spaces have recently updated interiors and can accommodate retail, office, or service uses. The building measures 1,800 square feet and was built in 1977.
Located at 4902 E Highway 199 in Springtown, the property has frontage along Highway 199 and on-site parking.
Located at 4902 E Highway 199 in Springtown, the property has frontage along Highway 199 and on-site parking.
Key Highlights
- Three separate units available for individual lease
- 1,800‑square‑foot retail property
- Recently updated interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,963
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,260
$579.3K
Cap Rate 7%
$413,757
$413.8K
Cap Rate 9%
$321,811
$321.8K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$43.4K $24.12/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$41.4K $22.99/SF
− OpEx
−$12.4K −$6.90/SF
NOI
$29.0K $16.09/SF
Area
Parker County, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,260
Cap Rate 7%
$413,757
Cap Rate 9%
$321,811
Alternative Uses
Best Use
Retail
$413.8K
$362.0K – $482.7K
NOI $28,963 @ 7.0% cap · market cap 1,379.19%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$1.79M
$1.57M – $2.09M
NOI $125,201 @ 7.0% cap · market cap 5,961.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,211 visits/mo
0.4 miles
Chevron
Shops & Services
3,818 visits/mo
0.2 miles
Valero Energy
Shops & Services
2,399 visits/mo
0.1 miles
Demographics for 76082, TX
21,514
Population
8,576
Households
2.5
Avg Household Size
40
Median Age
16%
College-Educated
87%
High-School Grad
102.8 sq mi
ZIP Area
209
Density / Sq Mi
$93,553
Median Household Income
$49,323
Median Earnings
$1,275
Median Rent
$277,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Three separate spaces accommodate retail, office, or service businesses, with each unit available for individual occupancy.
Where is this retail space located?
The property is located at 4902 E Highway 199 Springtown, TX.
What are key features of this property?
This property features: Three separate units available for individual lease; 1,800‑square‑foot retail property; Recently updated interiors
