Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    640 Highway 199 E Springtown, TX 76082

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Three buildings totaling 25,110 SF on 3.01 acres.

    Property size:
    25,110 SF
    Lot size:
    3.01 Acres

    Property Features for 640 Highway 199 E

    General Information

    Standard status
    Active
    Zoning
    Industrial
    Size
    25,110 SF
    Lot size
    3.01 Acres

    Building Details

    Year built
    1981

    We can help!

    Listing Contact
    Philip Samples
    Source: Crexi

    Listing Agency: Team & Vasseur Listing Agent: Philip Samples

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Springtown Industrial Property For Sale

    This Springtown property includes three buildings with a total area of approximately 25,110 square feet, situated on approximately 3.01 acres. The location offers excellent visibility along a major regional highway. It is well-suited for industrial operations that require outdoor storage, a laydown yard, or equipment staging. Potential uses include contractors, service companies, and equipment-based businesses. The acreage facilitates efficient truck circulation and yard use, while also maintaining a prominent highway presence.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.674622
    Latitude
    32.959757

    Nearby Similar for Sale

    • New
      $415,000
      0.22 Acres

      Prime Office Building in Springtown

      Clean, remodeled office building suitable for various professional uses.
      828 N Main St, Springtown, TX 76082
      View Details
    • $365,000
      0.50 Acres

      Highway Frontage Office with Workshop

      Commercial property with office and workshop, ideal for various businesses.
      2531 Highway 199 E, Springtown, TX 76082
      View Details
    • $179,900
      952 SF

      Commercial Property on Growing Corridor

      Commercial property in developing area with high visibility and flexibility.
      321 Highway 199 W, Springtown, TX 76082
      View Details
    • $300,000
      451 SF

      Springtown Acreage with Container Home

      3.71 acres with container home, shop, and shed near Fort Worth.
      350 Summerfield Ct E, Springtown, TX 76082
      View Details
    • New
      $604,900
      4,200 SF

      Springtown Farm/Ranch Opportunity Awaits

      Land with potential for expansion, building, and rural living.
      303 New Highland Rd, Springtown, TX 76082
      View Details
    • $724,900
      2,000 SF

      Acreage Property with Equestrian Features

      Three-bedroom home on 10+ acres with equestrian facilities.
      262 N Cheyenne Trl, Springtown, TX 76082
      View Details
    • $150,000
      1,243 SF

      Springtown Retail Building on Large Lot

      Commercial building on 0.34 acre lot in Springtown, TX.
      614 N Main St, Springtown, TX 76082
      View Details
    • New
      $549,000
      1,831 SF

      Horse-Ready Property on 3.5 Acres

      Texas living with horse facilities, open pasture, and comfortable home.
      119 Cooperstown Dr, Springtown, TX 76082
      View Details
    • $724,900
      2,000 SF

      Equestrian Property with Acreage

      Spacious home on 10+ acres, ideal for country living.
      262 N Cheyenne Trl, Springtown, TX 76082
      View Details
    • $1,295,000
      3,078 SF

      Texas Ranch with Custom Home

      40-acre ranch featuring a custom stone ranch house.
      4412 Holbrook Rd, Springtown, TX 76082
      View Details
    • $299,900
      0.10 Acres

      Commercial Rooms with Separate Entrances

      Two commercial rooms, each with private bathroom and entrance.
      115 E 1St St, Springtown, TX 76082
      View Details
    • $3,757,000
      6,449 SF

      Springtown Ranch with Equestrian Facilities

      66.65 acre ranch featuring equestrian facilities and multi-residence living.
      2691 N Fm Road 51, Springtown, TX 76082
      View Details

    FAQs

    What type of property is this?
    Industrial property - Three buildings totaling 25,110 SF on 3.01 acres.
    Where is this industrial property located?
    The property is located at 640 Highway 199 E Springtown, TX.
    What are key features of this property?
    This property features: - Three buildings totaling 25,110 SF (+/-); - 3.01 Acres (+/-) suitable for outdoor storage, laydown yard, or equipment staging; - Excellent visibility along a major regional highway
    Request Owner's contact information
    640 Highway 199 E Springtown, TX 76082
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    640 Highway 199 E
    Springtown, TX 76082
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    640 Highway 199 E Springtown, TX 76082
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Philip Samples
    Real Estate License ID: 553590
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!