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Property profile & analytics
OFF-MARKET
Industrial properties

1801 Highway 199 Springtown, TX 76082

1,976 SF 3.06 ac lot
Property ID
US82-4757243
Property summary
AI-generated overview

This expansive 3.06-acre property, situated just west of Springtown city limits, presents a unique investment opportunity. The unzoned land allows for a wide range of potential uses. The property includes a residential structure requiring renovation, offering potential for live-work arrangements or conversion to additional industrial space. An unfinished two-story building provides significant expansion potential, while a substantial 30x40 metal building offers immediate usable space. Convenient covered parking is provided by a three-vehicle carport and an additional 20x20 carport. Two 11x16 cinder block buildings, each equipped with electricity, provide further storage or workspace options. One of these cinder block buildings houses a well, providing a reliable water source. A conventional septic system is in place. The property's size, diverse structures, and unzoned status make it ideal for a variety of industrial, commercial, or even residential redevelopment projects. The existing buildings offer immediate utility, while the ample land and unfinished structures provide significant room for growth and customization. This property is priced at $448,000 and offers a compelling opportunity for investors seeking a versatile and expansive industrial site in a growing area. The total square footage of the buildings is 1,976 square feet.

Property profile
Verified
Property type Industrial properties
Total area 1,976 SF
Lot 3.06 ac (133,294 SF)
UPID US82-4757243
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
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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