214 School St Winfield, TX 75493
This versatile 37,821-square-foot flex facility sits on a 4.74-acre lot in Winfield, Texas, zip code 75493, offering significant potential for various business ventures or investment opportunities. The main building boasts multiple offices, rooms, a science lab, cafeteria, and ample storage space. A highlight is the premium gymnasium, constructed in 2009, complete with a full basketball/volleyball court, concession stand, bleachers, locker rooms, storage, offices, and bathrooms. The property's adaptable structure and expansive land allow for diverse uses, including manufacturing, warehousing, distribution, medical, institutional, or rehabilitation facilities. The substantial outdoor space provides ample parking, storage options, and room for future expansion or modification. Located conveniently between Dallas and Mount Pleasant, this property presents a compelling opportunity for growth and development. The building was constructed in 1972. The asking price is $699,000, with a price per square foot of $22.47. The lot size is 12,598 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.