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OFF-MARKET
Warehouses

3605 Highway 199 Springtown, TX 76082

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity, located 21 miles west of downtown Fort Worth in a rapidly growing area of Texas, presents a fully remodeled 13,000 sq ft facility on a 40,467 sq ft lot. Boasting a prime intersection location with 28,000 cars passing daily, the property features modern amenities including LED lighting, metallic epoxy floors, and smart building technology with remote access capabilities for security, doors, and HVAC. The building is fully finished, HVAC zoned, and handicap accessible, offering 26' ceilings and 3-phase power throughout. The expansive lower level (10,000 sq ft) includes a large open span area (7,000 sq ft), multiple offices, a utility room, and a janitorial room with washer/dryer hookups. Additional features include a 20' x 20' industrial-grade kitchen with a roll-up door, a 12' x 20' break area, and two high-end restrooms with granite countertops, multiple stalls, and showers. The 3,000 sq ft upper level provides additional office space, a server/storage room, and a luxurious executive office. Ground-level and dock-high access, a 14' x 14' electric lift, a well-lit concrete parking lot, and an 800 sq ft outdoor patio with awning and private fencing complete this versatile property, ideal for various uses including industrial, warehouse, distribution, education, medical, event, or restaurant space. The property is situated at the intersection of Hwy 199 and Jaybird Lane in Springtown, TX, 76082. Asking price is $1,675,000.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • RG Dozer Service LLC General Contractor Construction Company
  • RnR Event Center Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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