Unrestricted Flex-Use
6700 County Road 1022 Joshua, TX 76058
6700 County Road 1022, Joshua, TX, 76058
$499,000
For Sale
$499,000
COMMERCIAL - Joshua, TX
Property Size2,720 SF
Lot Size1.02 Acres
Price / SF$183.46
Days on Market43
Property Features for 6700 County Road 1022
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Carport, Covered, Open
- Standard status
- Active
- APN
- 126491001050
- Lot size
- 1.02 Acres
Taxes and HOA fees
- Tax Description
- LOT 5 BLK 4 BRUSHY NOB
- Tax Annual Amount
- 2887
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Concrete, Laminate
- Building materials
- MetalSiding
- Roof type
- Composition, Metal
Listing Agency
Superior Real Estate Group
(817) 637-6202
Lake Worth, TX
Listed by
Mary Harmon · License #0432717
(817) 637-6202
Added: Jun 6 Checked: Jul 18 at 7:06 am
MLS# 21247751
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This unrestricted property outside city limits is set up for either residential use or commercial use, but not both simultaneously. The structure includes a front shop with 1,600 square feet of space, a 5-ton Trane HVAC system, and a separate electric meter. A 10 by 8 foot overhead coil door serves the front shop, along with a 40-foot covered front porch.
At the rear, the back shop provides a 28 by 40 foot work area with a 10 by 12 foot sectional overhead door and its own electrical panel. Ceiling peaks run over 16 feet. The carport/garage area connects to the back shop through fire lane grade concrete that was constructed to support heavy trucks, with a clear width of over 10 feet.
The onsite improvements also include a residence with a separate attached apartment, offering flexibility for an owner-occupant or conversion to professional office suites. Solar is installed on the roof with 53 panels; the current owner reports an average electric bill of approximately $81. For access, the property provides easy routes to Fort Worth and Cleburne via the Toll Road, making it practical for a variety of user needs that require capacity and straightforward site access.
At the rear, the back shop provides a 28 by 40 foot work area with a 10 by 12 foot sectional overhead door and its own electrical panel. Ceiling peaks run over 16 feet. The carport/garage area connects to the back shop through fire lane grade concrete that was constructed to support heavy trucks, with a clear width of over 10 feet.
The onsite improvements also include a residence with a separate attached apartment, offering flexibility for an owner-occupant or conversion to professional office suites. Solar is installed on the roof with 53 panels; the current owner reports an average electric bill of approximately $81. For access, the property provides easy routes to Fort Worth and Cleburne via the Toll Road, making it practical for a variety of user needs that require capacity and straightforward site access.
Key Highlights
- Unrestricted Johnson County property outside city limits; property use must be residential or commercial (not both simultaneously).
- Front shop: 1,600 SF with 5‑ton Trane HVAC, separate electric meter, 10x8 overhead coil door, and 40‑ft covered front porch.
- Back shop: 28x40 with 10x12 sectional overhead door, its own electrical panel, and ceiling peaks over 16 feet.
Local 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 | $24.5k | $9.00 |
| − Vacancy | −$2.2k | −$0.82 |
| EGI | $22.3k | $8.18 |
| − OpEx | −$3.3k | −$1.23 |
| NOI | $18.9k | $6.95 |
2,720 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Apartment 5plus
$28.27M
$24.74M – $32.99M
NOI $1,979,208 @ 7.0% cap · market cap 396.63%
Second Best
Warehouse
$270.2K
$236.4K – $315.2K
NOI $18,914 @ 7.0% cap · market cap 3.79%
Theoretical Best
Multifamily LT 5
$32.60M
$28.53M – $38.04M
NOI $2,282,258 @ 7.0% cap · market cap 457.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Front and back shop spaces plus onsite residence, with solar generation and heavy-truck ready concrete access outside city limits.
Where is this flex space located?
The property is located at 6700 County Road 1022 Joshua, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Unrestricted Johnson County property outside city limits; property use must be residential or commercial (not both simultaneously).; Front shop: 1,600 SF with 5‑ton Trane HVAC, separate electric meter, 10x8 overhead coil door, and 40‑ft covered front porch.; Back shop: 28x40 with 10x12 sectional overhead door, its own electrical panel, and ceiling peaks over 16 feet.
