Industrial Property with Yard
For Sale
Contact for pricing
640 E Hwy 199, Springtown, TX 76082
Three-building industrial site totaling 25,110 SF on 3.01 acres with outdoor storage and strong highway visibility.
Property Size25,110 SF
Lot Size3.01 Acres
Price / SF$79.65
Days on Market163
Property Features for 640 E Hwy 199
General Information
Standard status
Active
Size
25,110 SF
Lot size
3.01 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Listing Agency:
Team & Vasseur Commercial Real Estate
(214) 586-8584
Listed By:
Philip Samples · License #553590
Source:
Moodyscre
Added: Feb 18
Changed: Jul 26
Last Checked: Jul 26 at 12:25AM
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 Team & Vasseur Commercial Real Estate
Investment Insights
Based on property information with market context.
This Springtown industrial property includes three buildings totaling approximately 25,110 SF (+/-) set on 3.01 acres (+/-). The property is designed to support industrial operations that benefit from outdoor storage, laydown yard use, and equipment staging.
The site offers excellent visibility along a major regional highway, with acreage that supports efficient truck circulation and yard activity while maintaining a prominent presence.
The combination of multiple structures and dedicated outdoor area makes the property well suited for equipment-based and service-oriented businesses that require both building space and yard flexibility.
The site offers excellent visibility along a major regional highway, with acreage that supports efficient truck circulation and yard activity while maintaining a prominent presence.
The combination of multiple structures and dedicated outdoor area makes the property well suited for equipment-based and service-oriented businesses that require both building space and yard flexibility.
Key Highlights
- Three‑building industrial site totaling 25,110 SF (+/-) on 3.01 acres (+/-)
- Outdoor storage, laydown yard, or equipment staging space for industrial operations
- Designed for businesses such as contractors, service companies, and equipment‑based operations
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 | $226.0k | $9.00 |
| − Vacancy | −$20.6k | −$0.82 |
| EGI | $205.4k | $8.18 |
| − OpEx | −$30.8k | −$1.23 |
| NOI | $174.6k | $6.95 |
25,110 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Industrial
$24.95M
$21.83M – $29.11M
NOI $1,746,558 @ 7.0% cap · market cap 87.33%
Second Best
Flex RnD
$2.63M
$2.30M – $3.07M
NOI $184,107 @ 7.0% cap · market cap 9.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Properties on Market for Warehouses in Parker County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Springtown Storage — 514 E Hwy 199, Springtown, TX 76082
Frequently Asked Questions
What type of property is this?
Warehouse - Three-building industrial site totaling 25,110 SF on 3.01 acres with outdoor storage and strong highway visibility.
Where is this warehouse located?
The property is located at 640 E Hwy 199 Springtown, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Three‑building industrial site totaling 25,110 SF (+/-) on 3.01 acres (+/-); Outdoor storage, laydown yard, or equipment staging space for industrial operations; Designed for businesses such as contractors, service companies, and equipment‑based operations
