Property profile

1291 Hwy 199 Hwy Springtown, TX 76082

OFF-MARKET
Retail properties & Spaces
720 SF 0.7 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional Springtown commercial property presents a unique investment opportunity. Situated on a highly visible 0.7-acre corner lot in a high-traffic area near Tractor Supply, this property boasts a main building of 750 square feet, ideally suited for a variety of retail uses. The main building includes ample space for three offices, a kitchen, and a bathroom. Attached is a convenient metal garage with a utility area, adding to the property's versatility. Further enhancing its functionality are two additional metal buildings. One measures 576 square feet with a roll-up door, perfect for storage or workshop space, while the other offers 484 square feet, also equipped with a roll-up door. The property's adaptability makes it suitable for a wide range of businesses, including retail, garage, warehouse, or auto shop operations. Previously used as a car lot, the property features metal railing along the front, adding to its curb appeal and functionality. The 720 square foot main building offers a solid foundation for a thriving business, complemented by the substantial additional storage and workspace provided by the metal buildings. This property's prime location and versatile layout make it an attractive proposition for discerning investors seeking a strong return on investment. The asking price is $285,500.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Total area 720 SF
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1291 Hwy 199 Hwy Springtown, TX 76082
Springtown metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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