Building Details

Building Size 4,500 SF

Year Built 1980

Stories 1

Listing Agency: 1st Choice Real Estate Show Phone

Listed By: Denise Cox-Delay Show Phone

Source: Grandluxerealtyco

Added: Oct 22 Changed: Oct 24 Last Checked: Oct 24 at 3:20PM

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Investment Insights

Based on property information with market context.

Built in 1980, this 4,500-square-foot flex property combines warehouse and shop space with a renovated office area. The office includes reception space, a half bath, a private office with a three-quarter bath, and a kitchenette. The warehouse has three oversized sliding doors, secured tool storage, and additional upper storage.

Some equipment, parts, and tools remain with the property, along with two frac tanks and a storage container. The property is on Hwy 87 N, just outside Newton.

Key Highlights

• 4,500‑square‑foot flex property with warehouse and shop space
• Renovated office area with reception, private office, two baths, and kitchenette
• Three oversized sliding doors

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 75966, TX

4,209

Population

2,233

Households

1.9

Avg Household Size

44

Median Age

6%

College-Educated

85%

High-School Grad

268.1 sq mi

ZIP Area

16

Density / Sq Mi

$39,759

Median Household Income

$31,014

Median Earnings

$1,019

Median Rent

$100,200

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - A warehouse and shop layout includes oversized sliding doors, secured tool storage, and office amenities.

Where is this flex space located?

The property is located at 719 Hwy 87 N Newton, TX.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: 4,500‑square‑foot flex property with warehouse and shop space; Renovated office area with reception, private office, two baths, and kitchenette; Three oversized sliding doors