Property profile

2170 Highway 199 Springtown, TX 76082

OFF-MARKET
Retail properties & Spaces
15,640 SF 6.96 ac lot
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Property summary

AI-generated overview

This exceptional commercial property in Springtown, Texas, presents a unique investment opportunity. The 6.96-acre lot boasts a substantial 15,640 square foot building, currently configured as a well-established auto repair shop. The main shop area measures 85x200 feet and includes multiple bays equipped with hydraulic lifts. Heating is provided by gas heaters, supplemented by air coolers. A comfortable office space within the main shop features air conditioning and heating, along with separate his and her restrooms. The property also benefits from its own conventional septic system, ensuring independent waste management. Adding to the versatility of this property is a double-wide mobile home situated on a concrete foundation, complete with its own separate conventional septic system. Further enhancing the property's functionality is a secondary 25x80 foot shop, a valuable asset for storage or additional workspace. This secondary shop also includes a significant safety feature: a 40-foot underground storm shelter. The property's size, existing improvements, and strategic location in Springtown make it an ideal investment for a variety of commercial uses. The asking price is $3,500,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 15,640 SF
Lot 6.96 ac (303,178 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

2170 Highway 199 Springtown, TX 76082
Springtown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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